petroleum software


All posts for petroleum software

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 1 month 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 1 month agoPress > E&P Softwarepetroleum softwareOil software +8

Deterministic vs Probabilistic Planning Method

The ability to show the management that the calculated well costs are based on realistic operations and prices for services is important as this allows them to see that the risks have also been identified and quantified. Clearer overview of costs' division gives a higher level of confidence for t ...

Maria Djomina - AGR


Posted 1 month agoPress > AGR SoftwareE&P SoftwareOil software +6

AGR Software Warns: Technological Solutions Are As Good As People Using It

Present day E&P software has significantly improved and is able to produce extremely accurate predictions, however the old adage of Garbage In-Garbage Out (GIGO) holds more true than ever. Petter Mathisen, VP of Software division at AGR, recently participated in a panel debate of an international ...

Maria Djomina - AGR


Posted 1 month agoOpinion > E&P SoftwareAGR Softwaredigitalisation +5

Replacing a Financial Management System (FMS) Is One Of The Most Significant Projects An Energy Sector Business Will Undertake

Replacing your Financial Management System (FMS) is one of the most significant projects a business will undertake. Add into the mix the emerging importance of Business Intelligence and the process of change can appear quite daunting. Not sure where to start? If you are a Finance or IT Profession ...

Marcus Kelly - TouchstoneEnergy


Posted 1 month agoPress > TouchstoneUnited KingdomLondon +8

Dana Gas to use AGR software for deep water exploration in Egypt

AGR Software team have signed a SaaS (Software as a Service) contract with Dana Gas PJSC to supply the latest version of its P1™ software . AGR's P1™ software helps its users to improve the accuracy of well time and cost modeling and can be applied for all drilling and well related operations, i ...

Maria Djomina - AGR


Posted 4 months agoPress > AGR Softwarepetroleum softwareCost cutting +6

AGR’s software is now used to create efficiencies in Aker BP’s Drilling & Well department

Our software portfolio is now in use in Aker BP's Drilling & Well department for drilling activities on the Norwegian Continental Shelf (NCS). Aker BP has been a long standing client of AGR's software solutions, having used both the P1 ™ and iQˣ ™ on its projects for a number of years. The ...

Maria Djomina - AGR


Posted 5 months agoPress > AGR Softwarepetroleum softwareE&P Software +6

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 operat ...

Maria Djomina - AGR


Posted 5 months agoPress > AGR SoftwareE&P SoftwareDrilling +3

AGR moves P1 software to cloud to enable the O&G industry’s digital transformation journey

AGR's time and cost modelling software, P1™, will now be provided as a cloud-based, Software as a Service (SaaS) solution. Moving P1™ to a cloud-based platform will not only allow users of the tool to access the very latest version of the software on demand, but also supports unlimited user regis ...

Maria Djomina - AGR


Posted 6 months agoPress > AGR SoftwareDowntime ReductionCosts +6

Linking finance and operations with a single view for Upstream Oil and Gas Companies

TouchstoneEnergy has carried out more than 200 successful upstream oil and gas projects in 40 countries across 5 continents TouchstoneEnergy's dedicated consultancy professionals have more than 400 man year's experience in the upstream oil and gas sector. They are able to bring industry knowledge ...

Marcus Kelly - TouchstoneEnergy


Posted 7 months agoPress > Touchstoneoil priceexploration +8

Well Abandonment - Accurate Costing

Below, AGR's Senior Technical Consultant discusses how probabilistic planning can solve key abandonment challenges. In recent years there has been an increased focus on the field decommissioning and well abandonment with the associated costs for carrying out the operation. There seems to be a ver ...

Maria Djomina - AGR


Posted 11 months agoOpinion > petroleum softwareAGR Softwarewell abandonment +5

AGR Software Helps Unlock 50 years of UKCS Data

Aberdeen: Global services and software company, AGR , has used its innovative software to help mine 50 years of North Sea exploration data, as part of a Data Challenge set by Common Data Access (CDA) -  a subsidiary of Oil & Gas UK which was established to facilitate the sharing of well and seism ...

Maria Djomina - AGR


Posted 1 year agoPress > North SeaAberdeenAGR +5