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Industry · OILFIELD SERVICESFunction · Commercial
UC-640

Improve Offset Run Bid to win more work and protect margin

Fills the Crews and Bids page: what this county and formation actually cost Patriot last time.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate Hot-hole work quoted like cool work, promises the offset record will not keep, and a win that costs more than it earns. 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 assembles the bid from Patriot's own record: for this county, this formation and this temperature, how many runs the interval took, how many hours, how much slide, which BHA, how often a motor came back early, and what the ticket finally carried.
  • It gives the rate, the run count to promise and the risk the hot hole adds, with the offset wells attached.
  • The Sales and Marketing Manager owns it, the COO signs it.

What It Removes

  • Hot-hole work quoted like cool work
  • Promises the offset record will not keep
  • A win that costs more than it earns
Input Data RequirementsQuotes, estimates, contracts, cost history, labour and material rates, actuals and win-loss outcomes
Output FormatDashboard showing what this county and formation actually cost Patriot last time.
“I quote the run from what it took us here last time, and I can show the wells it came from.”
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