Integrated Drilling Services

Product Description

The GumboNet Standard Integrated Drilling Services contract automates the calculation of pre-reconciled, invoiceable charges or invoices for a broad spectrum of services associated with the well construction process using a variety of data sources.

Features & Benefits

• Integrates with all industry standard Daily Drilling Report systems / Common operator systems
• Consumes daily drilling activities, sensor data and logistics information critical to calculate payments for day rates, meter rates, volume rates, lump sums, rentals, liquidated damages, equipment installation and performance payments
• Flags all mismatches between service provider and operator data nightly for quick dispute resolution; supports several NPT resolution mechanisms
• Configurable options to support Best Well or Planned Section time budgets, as well as various other macro and micro KPIs; can also incorporate IoT data as evidence of activities performed
• Services covered today include: Drilling Services, Mudlogging, Fluids, Cement, Electronic Wireline, Gravel Pack, Pumping, Data Processing and more include tools, personnel, consumables and reimbursables
• 20-40% reduction in operations personnel hours for approving and preparing invoices
• Automate or remove 60-90% of existing process steps
• Runs nightly to provide finality every 24 hours rather than every 2-4 weeks
• Outputs can be pushed to ERP and other enterprise systems via API