New Release in Time and Cost Tracker (CT™) - AGR - Well Management | Reservoir Management | Software | Consultancy
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Well Management & Well Engineering
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Operations & Wellsite Geology
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Carbon Capture, Use and Storage

New Release in Time and Cost Tracker (CT™)

Published: 11.11.19

AGR Software recently released CT™ from testing with its latest updates, thereby fully incorporating it with our cloud-based platform iQx™.

CT™ can be used both stand alone or together with the other applications of our iQx™ platform. If used within the platform, a CT™ project will automatically be generated from the time and cost simulations in P1™. This allows the user to compare the approved AFE data to real time operational performance.
CT™ lets the user invite team members, both internal and external. In this way, all key personnel can easily follow the latest progress of the project enabling a more streamlined operation.
The instant benefits of implementing CT™ cover:
  • data input to the cloud application from both offshore and onshore team members of the project resulting in increased accuracy and overview
  • ability to push out updates through e-mail with autogenerated attachments such as Lookahead, Time Tracker, Cost Tracker and various charts
  • smooth forecasting of time along the project development ensuring no surprises at the end
  • auto-generated visual graphs, e.g Time vs Depth with accumulated cost, Phase times vs AFE times, Time vs Cost, Cost vs Depth. 

With recorded operational data stored safely in iQx™, the information can automatically be transferred to D2™ for End of Well reporting. The data can also be reused in the next P1™ simulation, increasing the accuracy of future planned wells.

Would you like to find out more how CT™ can help you? Please contact one of our team members.

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