Expert: Brian Mangold
Expert: Nishant Raizada
Expert: Roger Marin
Global Technical Advisor
E&P operators from around the world are committed to drilling a well program safely and on time. But today, they must do this at significantly lower cost and with fewer resources. So now more than ever, we must leverage digital technologies to become efficient, and transform the way we work to be agile, and dynamically adapt to changes in our best laid plans.
All the planning, logistics, and investments made culminate with a drill bit hitting the dirt and starting its journey into the subsurface. It is in that moment when all our planning and preparation is put to the test.
But even the best-laid plans must evolve. Anyone who has ever been involved in drilling knows that the key to a successful well is the ability to sense, analyze, respond, and learn when reality deviates from the plan.
The world of well operations requires a continuous flow of data and information to align the many stakeholders and partners, making it a complex, multifaceted process with significant operational risk, where costs can quickly spiral out of control. In order to mitigate risk and keep well costs down it is essential that well operations proceed with maximum efficiency.
So the question is - how can we streamline, connect and unify this process in a way that can generate more consistent and predictable performance improvement, while providing the agility to adapt to inevitable plan changes?
This is achieved with a Digital Twin of well operations. This Digital Twin can integrate and connect the constituent parts of well operations in real time, feeding information across the entire value-chain, and helping to ensure that plans and designs are updated and the appropriate resources are put in place to accommodate those changes.
Leveraging automated workflows helps remove the manual burden of developing multiple scenarios and revising engineering designs and updating the activity program every time new data and information comes to light. It is what we call a Live Plan. This enables teams to drive operational efficiencies in real time and ultimately lower well construction costs.
Digital Well Operations, a DecisionSpace® 365 Solution, is the industry’s first open and integrated well operations solution. This groundbreaking innovation comprises of four plug and play products, including: Well Operations Monitor, Real-Time Well Engineering, Real-Time Control – Edge, and Real Time Monitoring Solution.
Live & Connected
Digital Well Operations connects your entire value chain in real time from oilfield service and rig providers, to supply chain and logistics partners, as well as regulatory authorities, with the industry’s first open and integrated well operations solution. All phases of delivery from the subsurface through to completion are connected, providing you with a complete and integrated suite of Halliburton software and services to efficiently manage your well operations.
It is built on open architecture enabling plug and play capabilities, flexibility and choice across each layer of the architecture, helping to ensure that you are ready to go and do not incur delays and additional integration costs.
Most importantly, Digital Well Operations provides you with a centralized Live Plan that connects your well design, activity program, finance and contracts, and vendor and service schedules into a single digital repository to create an evergreen digital twin of for well operations.
Deliver to Plan
Even when your plans have to change, Digital Well Operations can help you deliver to plan. By being able to monitor the implementation of your well program in real time, you are able to see updates and adjustments across the value chain as they happen, so you can optimize your well operation so you can still deliver a safe, reliable, and cost effective well.
Real-time advisory and monitoring applications provide timely alerts to help mitigate ILT and NPT to help enhance performance.
As the Live Plan is updated, automated workflows run revised engineering models and update your activity program on the fly enabling you to re-engineer in minutes, helping to relieve the burden on your engineers, optimize ROP, and maximize trip time.
The complete and integrated activity programs provide consistent planning visibility and agile barrier validation, to help save time, avoid unnecessary risks, optimize performance, and lower costs through consistent and repeatable results.
Enhanced Asset Management
Because of the real-time connections you can rapidly identify and apply lessons learned to the well being drilled, as well as future drilling campaigns Through this process of continuous improvement you can help reduce your overall well construction costs.
By leveraging data analytics, you can start to better understand NPT and high-grade risks which can be applied to future well programs, converting lessons learned into tangible savings.
These lessons learned can ultimately be applied to yield better results that can help you increase production and ROI across the full lifecycle of the well.
Digital Well Operations together with Digital Well Program provides you end to end well engineering, well construction process efficiency, and analytics to accelerate your drilling and completions learning curve. This continues in the rich tradition of Halliburton Landmark’s EDT™, EDM™, and OpenWells® software the industry trusts, and delivers the innovations in a modular, flexible fashion to deliver lowest total cost of ownership.
Check out Digital Well Operations in action. Watch now!