Press

Maersk Oil selects AGR’s P1™ as preferred Well Delivery software


Maersk Oil has awarded a Software as a Service (SaaS) contract to AGR Software to deliver its P1™ software.

As a result, P1™ will play a key role in screening, planning and tracking of performance in Maersk Oil well operations, allowing the oil company to maximise their communication of operational performance as well as supporting well time and cost planning.

The philosophy behind P1™ is that the value of a project is enhanced when E&P companies plan correctly and understand risk and opportunity. The system allows informed decisions to be made on all aspects of well operations and generate instant reports for management approval.

AGR's P1™ uses Monte Carlo simulation method and can be used for all different types of drilling and well operations, including completion, well intervention, slot recovery and abandonment.

To find out how P1™ can be implemented in your wells, please contact our AGR Software team.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://agr.com/news/maersk-oil-selects-agr-s-p1-a...

AGR SoftwareE&P SoftwareDrillingwell managementpetroleum softwareMaersk Oil

More items from mariadjomina


AGR to deliver reservoir modelling support on Draugen field

AGR, the global wells and reservoir consultancy provider, has announced it will be assisting Norwegian operator OKEA by building a new full field reservoir model for the Draugen asset in the Norwegian Sea.  Commenting on the latest assignment, André Sæthern, AGR's VP of Reservoir Management, said: ...

Maria Djomina - AGR


Posted 1 month agoPress > North SeaNorwegian North SeaOKEA +5

Andrew Stannard assumes the role as Chief Operating Officer for AGR’s UK and Africa business

AGR announces that Andrew Stannard will lead its business unit in the UK and Africa and will become a member of the company's global Management team . Andrew succeeds highly respected, long term region manager Ian Burdis who will continue as EVP of the UK & Africa region with the main responsibili ...

Maria Djomina - AGR


Posted 2 months agoPress > North SeaAGRAppointments +3

MOL Norge Selects AGR for Well and Drilling Engineering

AGR has been awarded a Frame Agreement with the Hungarian Operator MOL. The agreement covers the supply of technical support within drilling and well engineering to the Operator's Norwegian arm. The award adds to the ongoing collaboration the two companies have been enjoying in the recent years. ...

Maria Djomina - AGR


Posted 2 years agoPress > AGRwell managementreservoir modeling +5

Digital Knowledge Management leads to Cost-Effective Field Development

Stimulating the engineering teams to make “lessons-learned” recording an automated and standardised process? Huge amounts of data are being created and captured throughout the asset life. While there has been an exceptional evolution in developing software technologies for digitalising and stan ...

Maria Djomina - AGR


Posted 2 years agoOpinion > E&P SoftwareOil softwarepetroleum software +6

Real Time Data for Well Design Optimisation, Not Just Drilling Optimisation

AGR Software participated in SPE Intelligent Energy presenting a paper that focussed on using available and recorded data for improving well design, resulting in improved operational performance of new projects. SPE Intelligent Energy (IE) aims to bring together the global E&P industry to discu ...

Maria Djomina - AGR


Posted 2 years agoPress > E&P Softwarepetroleum softwareOil software +8
All posts from mariadjomina