Do you have to jump from one system (or spreadsheet) to the next to see relationships between wells, rigs, and pads? Are you spending hours in your day creating and updating spreadsheets just so you can see the total costs of drilling and completing the wells on a pad? If you are depending on these methods to bring information together, then you are more than likely only seeing a partial and inaccurate view of your operational data.
Instead of an incomplete picture, wouldn’t it be nice to pull up a map and see your pads, the wells associated to those pads, and the drilling rig that is scheduled to move to the pad? Wouldn’t it be even nicer to drill down into the data and see that you are still not finished with constructing the site but the rig is scheduled to move onto the pad in the next 15 days?
E&P operations are complex and made up of a lot of moving parts and process dependencies. There can be multiple wells to a pad, multiple completions for a well, sites that need to be constructed, and tasks that have to be completed before you can even think about scheduling a rig. A tiny breakdown in one department can result in a big (costly) mistake. Even for operators using world-class drilling and well data software like Peloton, it can be challenging to capture and align data with data-dependent processes. Too often, getting a picture of your pre-production operational data requires workarounds and manual intervention.
However, seeing a complete picture of your pre-production operational data is possible with a little time and effort in setting up your data properly, leveraging the Peloton product suite, and putting a little reporting on top of MasterView or the applications themselves. Here’s a structured approach for getting started.
First, create data standards within the Peloton suite. Without those relationships, your reporting becomes a spreadsheet nightmare. As such, it is important that you define data standards, system ownership, people ownership and hierarchies for your operations (i.e., pads, wells, rigs and facilities).
Second, apply those standards to your existing data and clean it where possible. Trust in your data is imperative to bringing together information required for a complete picture of your operations.
Third, leverage integrations across the Peloton suite to make those data relationships between your pads, wells, rigs, and facilities. Peloton’s Well Lifecycle Solution – WellView, SiteView, RigView, ProdView, and MasterView – is the only integrated suite of drilling and well data products on the market that enables you to effectively master, relate, and track your data throughout the well lifecycle, from well inception to site construction to rig up to flow back.
Finally, expand your reporting capabilities with tools such as map-based interfaces and dashboards that sit nicely on top of the Peloton suite. These tools can bring you insights into your data that are normally hard to find.
By following this structured approach, you can optimize your Peloton data, make more informed, faster decisions and spend less time hunting for the information you need to manage your assets.
NOTE: Peloton, WellView, SiteView, RigView, ProdView, and MasterView are registered trademarks of Peloton Computer Enterprises Ltd.