Planning Software helps manage complex drilling operations.September 11, 2008 -
Rig Activity Scheduler (RAS) v3.0 incorporates automated, interactive capability for scheduling complex drilling operations. Rig cost model allows multiple contract, availability date, day rate, and transportation cost information to be incorporated into drilling plans and schedules, while GIS integration supports rig transportation computations based on multiple factors, including available road network, transportation speed, and movement restrictions.
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Original Press release
Actenum Corporation
375 Water Street
Vancouver, , BC V6B 5C6
Canada
Rig Activity Scheduler 3.0 Improves Management of Complex Drilling Operations
Vancouver, BC September 3, 2008 - Oil and gas producers can now make measurable improvements in production output by using the latest version of Actenum Corporation's Rig Activity Scheduler (RAS) software, released today. RAS Version 3.0 takes the guesswork out of assigning rigs to wells, and enables upstream operations to utilize drilling, completion, and workover rigs more efficiently.
The new features in this release improve rig utilization and enable users to uncover improvements in efficiencies, even in the most challenging operational environments.
With new features that provide powerful decision support, Actenum RAS 3.0 incorporates an automated, interactive capability for scheduling complex drilling operations. Using RAS, rigs are assigned to wells with a drag-and-drop interface that links drilling activities to user-defined key performance metrics, such as production output, rig budgets, and well completion dates, making it easy to determine the impact of rig deployment decisions in real time. As operating conditions change and revisions are needed, users can develop and evaluate multiple scenarios, before selecting the most appropriate course of action.
New features in Actenum RAS 3.0 include:
An advanced rig cost model, allowing multiple contract, availability date, day rate, and transportation cost information to be incorporated into drilling plans and schedules;
GIS integration, to support rig transportation computations based on multiple factors, including the available road network, transportation speed, and movement restrictions;
Support for well availability/unavailability intervals, to accommodate restrictions because of weather and wildlife;
Enhanced auditing and security capabilities.
"Actenum RAS 3.0 is the most comprehensive planning and scheduling software available to oil and gas companies today," said Morten Irgens, Actenum's Chief Technical Officer. "The new features in this release improve rig utilization and enable users to uncover improvements in efficiencies, even in the most challenging operational environments."
About Actenum
Actenum is the leading provider of Asset Scheduling Management (ASM) software for the energy industry. Our solutions accelerate the creation of practical, reliable asset schedules that are linked to key operational metrics. In complex and changing production environments, Actenum provides value by enabling organizations to make rapid and effective scheduling decisions during daily operations, and to build better-quality and more responsive schedules that drive improvements in operating efficiency and profit.
For more information visit www.actenum.com.
Contact
Owen Plowman
Actenum Corporation
604.681.1262
plowman@actenum.com
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