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Deepwater Operator Cuts Drilling Costs by $2.7M Per Year by Optimizing Connection Times

  • Connection Time Optimization

    For capital-intensive offshore drilling, even the smallest decrease in NPT and invisible flat time can add up to massive cost savings on rig time, however manual timekeeping and 12-hour report cycles limit visibility into performance across shifts.

    A deepwater Guyana operator deployed Corva’s Metrics app to automatically capture day and night shift connection times and implement a 2-minute target reduction Company Goal using the Rig Operations app.

    Key Results & Value Delivered

    By tracking crew KPIs and setting goals to safely operate faster, the operator reduced connection times by 2 minutes and saved more than $8M on a multi-well drilling program.

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