
KPI - Real Time Drilling Analytics - Bardasz
Software solution systematically measures and interprets Key Performance Indicators (KPIs) during drilling. Application that identifies non-productive time and areas of improvement. Make decisions quickly and optimize operational performance.
7 KPIs for Enhanced Drilling Operations - FinModelsLab
2024年11月22日 · To effectively improve the Rig Utilization Rate, companies can implement several strategies: Regularly assess and maintain rig equipment to reduce downtime; Develop detailed project schedules to optimize rig assignments; Invest in training for personnel to enhance operational efficiency
2019年12月9日 · Impact of Integrated Approach Way Forward. Achieved the best ever cost/meter, through very efficient operation with an improvement of 4% time to drill a meter and lowest NPT record of 8.5%. Multiple visualization options (Bar, Pie, …
Deconstructing invisible lost time: KPIs, analytics, standardization ...
2017年9月5日 · Nabors’ rig data software consolidates near real-time drilling, tripping PVT and measurement-while-drilling (MWD) data, which are automatically filtered, analyzed and converted into KPIs. The KPIs, in turn, are compiled into user-friendly dashboards and reports available to field and office personnel for both the operator and contractor.
How to Enhance Performance with Key KPIs
2024年12月10日 · In the drilling business, tracking the right Key Performance Indicators (KPIs) is essential for optimizing operations and driving profitability. These metrics provide insights into various aspects of the drilling process, enabling stakeholders to make informed decisions that enhance performance and sustainability.
Measuring drilling performance with suitable KPIs - Hart Energy
2008年11月1日 · Appropriate KPIs reflect all of the major influences on final performance. To be useful, KPIs must also be easy to gather and cross reference to provide a true benchmark of current performance. Only then can performance goals be set realistically so that progress can be measured against them and providers can be benchmarked against one another.
RigMetrix - Petrolink
RigMetrix™ (RMX) is an analytics solution for measuring and improving drilling, tripping and casing performance. It offers operators with actionable insights to improve operational efficiency across the rig fleet. With over 150 KPIs, operators can monitor key operations in a user-friendly, web-based application.
How to Achieve Business Success with KPIs
2025年3月21日 · Key Performance Indicators (KPIs) provide necessary insights into financial health and operational efficiency. Here are some essential financial KPIs that every drilling business should monitor: Cost Per Foot Drilled - This metric calculates the total cost involved in drilling a foot of well, including labor, materials, and equipment.
Transforming Drilling Operations with AI-Driven Analytics
By tapping into your drilling Key Performance Indicators (KPIs) and real-time data, AIDE offers a unique conversational interface that makes complex data accessible and actionable. Real-Time Data Integration: Stay ahead with up-to-the-minute analysis and recommendations.
Driving Rig Performance through Real-Time Data Analysis
2015年3月3日 · Effective key performance indicators (KPIs) play a critical role in optimizing drilling processes. By advanced data examination, new technology enables analyzing data from the rig-site to generate rig and drilling KPI statistics and the results can be used for extended understanding of the rig operations and advanced reporting.