A Business performance can be continuously assessed by the use of Data Analytics. On the O&G industry, the data cycle begins in the field, where it is acquired, then recorded and at times jobs are streamed in real time to allow for better and more accurate decision making. As Data is gathered from each and every job, location, district, basin, customer or vendor, the operational parameters are recorded and data is fed to the Business Intelligence System, enabling for the following analytics to be generated:

• Business Analytics
  • Comparison between fields and basins
  • Total number of operations performed vs cost over time
  • Statistics: best, average, medium, worst performing business unit
  • Operation cost vs NPT, efficiency rate
  • Well specifics and effect on execution time:
    • Well directional survey
    • Completion
    • Tortuosity
• Vendor Management
  • Comparison:
    • Rig up/down time
    • Total operation time
    • Cost per well/hour/vendor
  • Equipment utilization by vendor
  • NPT analysis by:
    • Basin/field
    • Frecuency
    • Root cause
    • Vendor
    • Equipment failure
    • Cost associated