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Industry · OIL & GAS OPERATORSFunction · Drilling & Wells
UC-792

Watch Formate and Fluid Loss Against the Plan

Tracks expensive drilling fluid against planned consumption and flags loss while the section can still be managed.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

Formate and other high cost fluids are reconciled at the end of the section. Losses are known as a number after the fact, and the operational decisions that caused them are long past.

How It Works

  • The engine tracks fluid volumes against the planned consumption curve for the section.
  • It flags divergence as it happens and links it to the operations record for cause.
  • It reports recoverable volume and the operational change that would protect it.

What It Removes

  • Fluid loss reconciled after the section
  • Expensive volume treated as a consumable
  • Cause of loss unexamined once the section is cased
Input Data RequirementsMud and fluid volume records, planned consumption curves, daily drilling reports, fluid unit prices, loss and treatment records.
Output FormatLive fluid position against plan, divergence alerts with probable cause, and a recoverable volume report per section.
“Formate is too expensive to find out about at the end of the section.”
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