Understanding risks will reduce their cost impact.

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.