Providing Resources to Improve Business Decisions

Well Lifecycle Reporting, tracks all stages of the well’s life from initial Well Planning, Daily Drilling Reports, Completion Reports, Workover Reports, Facilities Reports and Plugging and Abandonment Reports. This data is critically important to the Operator and Partners for a variety of reasons such as keeping all parties informed of well progress and to ensure that Well Costs are kept in line with the original AFE. For analyzing equipment and personnel performance, tracking costs vs. AFE, future equipment selection and well planning. The aim of drillingreports.com is to help identify the value of capturing data in a logical and consistent manner and to identify some of the ways in which quality data can be used to improve your business.

By analyzing the business workflow, identifying individuals who impact performance and ultimately influence the results and then furnishing them with the knowledge they need to maintain and improve the process at the time they need it and in the format they can use, has a profound impact on the result.

Purpose of Field Reporting

Originally the purpose of creating daily reports was to keep the office informed of the daily activities on the well site, including such things as TD, well cost, mud weight, equipment run, any problems, etc. Typically this was compiled on a one page report and faxed or emailed to the office. Now with better communications tools such as the Internet and mobile computing devices, dynamic transactions and central databases, data can be automatically manipulated and routed to specific personnel. Engineers can instantly evaluate bit performance, effective rig time, cost variance, drilling curves, etc, while partners can be kept appraised of well progress, costs and general operations for example. Data is entered once at the well site and used many times in many different ways.

Did you Know?...

• You Can Get Real-Time Reports?
• Get Full Encryption Data Transfers?
• You Can Analyze Your Equipment?
• Improve Service Performance?

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