Time is Money
Non Productive Time is estimated to be
15 - 40% of the drilling and completion cost.
Phoenix RDS offer a drilling optimisation service based on extensive in-depth theoretical knowledge backed up with decades of practical field experience.
This service combines the benefits of full independence, objectivity, flexibility & an extensive sectoral knowledge.
Risk Reduction – Key to Success
Take measures to reduce the frequency and/or severity of losses
Phoenix RDS can help reduce the risk of going over budget by identifying the causes of NPT and ILT (Invisible Lost Time).
Once these are known they can be reduced or removed from the project.
How do we Reduce Risk
Identify the causes of NPT and ILT
•Holistic, independent analysis of offset wells
•Benchmark past and current performance
•Model optimised performance
•Identify potential hazards and risks
Reduce or remove them from the project
•Recommend corrective actions
•Revise well design