Corva Empowers Middle Eastern NOC to Set New AFE Benchmark
Transforming Well Delivery with Scalable Digital Drilling Intelligence
A major Middle Eastern national oil company (NOC) partnered with Corva to raise Authorization for Expenditure (AFE) benchmarks and accelerate well delivery. They needed a secure, in-country platform to analyze well performance and enable faster, data-driven decisions.
Corva deployed its first on-premise solution in the region, automating OpenWells' daily drilling report (DDR) ingestion and delivering advanced offset analysis, eliminating manual work and unlocking a 9% gain in drilling efficiency.
Key Results & Value Delivered
- Set a new AFE benchmark using multi-well offset analysis
- Unlocked 9% drilling efficiency improvement across the field
- Eliminated manual reporting through automated DDR ingestion
- Enabled secure, in-country deployment to meet data residency and compliance needs
- Advanced digital transformation and performance consistency for future wells
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