UC-083
Best Composite Well Time Benchmarking
Segments every well into 40+ activities to set a best composite well time and shows which sections lose days against that target.
14-20Build Duration
6-28xIndicative ROI
The Challenge
Each well is planned off the previous one, so times already proven in the portfolio never become the target. Activity durations sit inside daily drilling reports that nobody re-cuts by hand across 30 fields.
How It Works
- Ingests daily drilling reports, rig activity logs and well cost records across the portfolio.
- Segments each well into 40+ activities and heatmaps best times by section and hole size.
- Well planners set the schedule and AFE against composite best times before spud.
What It Removes
- Planning the next well off the last one
- Time savings proven on one rig and then lost
- Section-level slippage nobody can quantify
Input Data RequirementsDaily drilling reports, rig activity logs, well cost records, casing and hole-size data, well programmes
Output Format40+ activity heatmap, best composite well time by section, cost-per-foot and NPT benchmark report
“I can point at the section where we lose the days and show the best time we have already drilled.”