3 Essential Ways to Track Drilling Operational KPIs

August 17, 2017

Monitoring drilling operations such as slip-to-slip connection time and weight-to-weight time can offer significant improvements in identifying sources of ILT and NPT. Operators and drilling contractors are able to compare real-time performance against pre-defined best practices and collaborate to achieve operational improvements. Organizations that actively monitor drilling KPIs are able to capture trend analysis and continuously improve operations.

Corva’s ability to provide concise visual optimizations validates the importance of live production feeds. Collectively sharing instant data streams with Engineers, Field and Operations personnel stabilize sourcing capabilities on current and future events.   

1.  The following illustration offers a simplistic comparison of last week’s drilling connection times against the last 24-hours. Utilizing comprehensive and accessible data enables operations to follow trends and triggers that may determine root-cause effects.   

2.  Combining effective data solutions with performance visualizations can provide insights into successful processes while identifying possible failures. Corva’s technology offers convenient, safe, and accessible solutions to O&G operations.

3.  Days vs. Depth allows for easy visibility of flat time analysis and general observations along with in-depth production scopes. Additionally, well-to-well comparisons add opportunities for engineering teams to perform queries and trend analysis based a variety of predictive statistics.

The Corva platform is an innovative design model created to maximize operational efficiency and serve as an engineering tool, technical support, and big-data reporting solution. Learn more at corva.wpengine.com.