UC-684
Optimise Uptime and Workover to reduce downtime and extend asset life
One board: every well against its own decline, the deferred barrels, the ranked workover queue.
TBDBuild Duration
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The Challenge
The opportunity is to eliminate a barrel lost to nobody's cause, a workover ordered by price alone, and a pump that fails the same way. 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 an expected rate per well from its own decline, compares it to SCADA daily, splits curtailment from unplanned loss, ranks the workover queue on barrels and payback at today's strip, and scores lift signals for days to failure.
- Engine 01 prices the gas and NGL a restored well makes, so $5.5M is deducted here and held there.
- Engine 04 prices a permit driven area curtailment; this one prices well level loss.
What It Removes
- A barrel lost to nobody's cause
- A workover ordered by price alone
- A pump that fails the same way
Input Data RequirementsAsset register, telemetry, work orders, inspection history, failure records, parts usage and operating schedules
Output FormatOne board: every well against its own decline, the deferred barrels, the ranked workover queue.
“Which barrels did we lose yesterday, which we chose, and which workover goes first?”