Co-operation in Drilling & Wells - Collaborative Project

Co-operation in Drilling & Wells

Objective:

To have available to the wider indusry low cost information on probable plus possible development, major modifications, tie-back plans, decommissioning requirements and critical success factors relating to project viability.

Benefits:

2-3% savings through more efficient enterprise resource planning
An enabler for industry co-ordinated developments

To review the details of the CRINE initiative "Double the Value of Wells by 2000" click here.

Well Decision Navigator

A platform for joint industry knowledge sharing, and supply chain access

In June 1999 a joint industry group was established under CRINE with the objective of 'Doubling the Value of Development Wells'. This group moved under the umbrella of LOGIC in December 99.

The Development Well Group completed their work in March 2000 and delivered their output in the form of the beta version of a decision support tool called 'Well Decision Navigator' (WDN).

WDN provides a framework for capturing the key questions which need to be asked when planning wells. Additionally WDN has the capability of accessing the right supply chain resources at the right point in the decision process.

WDN is not a risk-based decision modelling package, but an experience and lessons-learned capture tool. Evaluation of the concept by 15 companies in two workshops held in Aberdeen in April generated extremely positive responses. LOGIC now propose to take WDN forward as a joint industry project.

The project launch is planned for 8-9 June at the LOGIC conference in Aberdeen.

In the longer term the concept is that the tool will develop as "shareware" under the auspices of LOGIC's not-for-profit enabling role.

Further information regarding the project is contained within the WDN Acrobat File.

To download a copy of the new Public version click here.

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	Collaborative Projects
Co-operation in Drilling & Wells Objective: To have available to the wider indusry low cost information on probable plus possible development, major modifications, tie-back plans, decommissioning requirements and critical success factors relating to project viability. Benefits: 2-3% savings through more efficient enterprise resource planning An enabler for industry co-ordinated developments To review the details of the CRINE initiative "Double the Value of Wells by 2000" click here. Well Decision Navigator A platform for joint industry knowledge sharing, and supply chain access In June 1999 a joint industry group was established under CRINE with the objective of 'Doubling the Value of Development Wells'. This group moved under the umbrella of LOGIC in December 99. The Development Well Group completed their work in March 2000 and delivered their output in the form of the beta version of a decision support tool called 'Well Decision Navigator' (WDN). WDN provides a framework for capturing the key questions which need to be asked when planning wells. Additionally WDN has the capability of accessing the right supply chain resources at the right point in the decision process. WDN is not a risk-based decision modelling package, but an experience and lessons-learned capture tool. Evaluation of the concept by 15 companies in two workshops held in Aberdeen in April generated extremely positive responses. LOGIC now propose to take WDN forward as a joint industry project. The project launch is planned for 8-9 June at the LOGIC conference in Aberdeen. In the longer term the concept is that the tool will develop as "shareware" under the auspices of LOGIC's not-for-profit enabling role. Further information regarding the project is contained within the WDN Acrobat File. To download a copy of the new Public version click here. Return to Index LOGIC Ltd \| 3rd Floor \| The Exchange 2 \| 62 Market Street \| Aberdeen \| AB11 5PJ Tel: 01224 577250 \| Fax: 01224 577251 \| Email: logic-info@ukooa.co.uk \| © Copyright LOGIC 2006

Collaborative Projects