P1™ provides a rigorous, standardised and systematic approach to many of the key elements of successful well construction such as:
- Probabilistic time and cost estimating
- In the cloud resulting access to the latest version
- Risk quantification and optimisation
- Standardisation across wells, projects and business units
- Operational look-ahead
- Phase-by-phase benchmarking of Actual vs. Planned performance
- AFE reporting
- Quick decision line with the management.
