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Industry · OIL & GASFunction · Finance
UC-648

Improve Capital per Lateral Foot to protect margin and reduce cost

One board: every pad drilling now, cost per lateral foot against plan, live.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate a foot priced at month end, an NPT hour nobody costed, and an AFE nobody re-forecast. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.

How It Works

  • The engine holds live cost per lateral foot per pad against plan, decomposed to drilling days, non-productive time, vendor rate and design choice, from WellView daily reports, Aucerna Execute AFEs and SAP actuals and commitments.
  • The variance is flagged while the rig is on the pad rather than at month end close.
  • This engine stops at rig release; engine 03 takes first stage to drillout.

What It Removes

  • A foot priced at month end
  • An NPT hour nobody costed
  • An AFE nobody re-forecast
Input Data RequirementsRelevant operational records, contracts, transactions, schedules, documents and outcome history named in the source proposal
Output FormatOne board: every pad drilling now, cost per lateral foot against plan, live.
“Tell me what this pad costs per foot today, not what it cost after we finished it.”
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