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Benefits

All’s well that starts well.

P1™ provides a rigorous, standardised and systematic approach to many of the key elements of successful well construction such as:
 

  • Probabilistic time estimating
  • Probabilistic cost estimating
  • Risk quantification and mitigation
  • Statistically credible option selection
  • Mechanism to provide clear communication with all stakeholders
  • Forecasting time and cost outcomes
  • Standardisation across wells, projects and business units.



The P1™ tool and the complete process encompassing its use provide the basis for Performance Management including:
 

  • Operational look-ahead
  • Phase-by-phase analysis of Actual vs. Planned performance (Benchmarking)
  • Technical limit approach
  • Data Quality and Analysis.


Should you wish to find out more about P1™ and what it can do for you, please email p1@agr-software.com.

Built by well engineers, for well engineers.
 

Links

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