ONTIME SOFTWARE SOFTWARE
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The ability to fulfill customer needs, by delivering goods at the right place and time, determines the efficiency of a delivery business. – Emerging out of the Pandemic Supply Chain Report, Reuters Events, Oct 2020 We have experienced huge interest from the market in this tool and will be presenting the solution at the SPE/IADC International Drilling Conference and Exhibition event in Stavanger this week.Amongst shippers, 51% told us that a lack of clarity on customer demand was the biggest bottleneck emerging as a result of COVID-19. “P1ANS™ is the latest addition to our expanding portfolio of industry-leading software, iQx™. “P1ANS™ gives operators the ability to unify data streams imported from other programs while standardising the well time and cost estimation output, such as AFE or time/cost curve for quicker decision-making.

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“This eagerly anticipated release of the next-generation drilling time and cost estimation software helps to further AGR Software’s ambition of digitising the well delivery process, unlocking an array of workflow efficiencies.

ONTIME SOFTWARE LICENSE

As a result, it offers enhanced collaboration features to license partners, service companies and stakeholders at all levels.Ĭommenting on the launch, Øystein Andersen, VP of Software at AGR, said: P1ANS™ was developed in close consultation with AGR’s users and partners. With the option to import historical data and input from other digital solutions, users can seamlessly integrate time and cost outputs in their overall software network without the risk of data duplication or guessing errors. The software also offers greenhouse gas emission prediction, helping companies achieve low carbon ambitions. Users benefit from a learning curve feature which enables greater forecasting over the duration of a campaign. The software integrates seamlessly with a range of other widely used technologies and is compliant with all modern software architecture requirements, including cybersecurity compliance, Single Sign On (SSO) and OpenAPI. Designed for drilling and well engineers and managers, digitalisation leads and cost controllers, P1ANS™ helps ensure time and cost for single wells and drilling campaigns are thoroughly planned and consider all risks. P1ANS™ employs Monte Carlo probabilistic simulation techniques to analyse thousands of data points, before predicting a range of possible outcomes. P1ANS™ combines trusted techniques with improved technology and new features, including rig campaign time and cost modelling, auto-distribution from historic reference data, company specific tagging and templates increasing standardisation in well construction. The next-generation P1ANS™ application builds on the global success of AGR Software’s field-proven and industry-leading P1™ application. Global energy engineering consultancy and software provider, AGR, has launched new software that gives drilling professionals unrivalled understanding of time, cost and risk when planning wells. AGR launches next-generation software to give certainty on time, cost and risk

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