Rig Availability & Non Drilling plans for Drilling Schedules
Summary
This article explains how pForecast helps users model drilling schedules with rig availability and planned non-drilling periods. It shows how unplanned downtime reduces drilling efficiency and delays the start of subsequent wells. It also describes how users can define planned stops with uncertain duration using several probability distributions. The software can link drilling schedules to availability forecasts, generate multiple schedules, and automatically produce Gantt charts to visualize uncertainty across targets.
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SaaS
Simulation Software
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Powersim Software AS
$1M to $5M