Drilling engineering software enables campaign cost modeling

Drilling engineering software enables campaign cost modeling

Hold on as we have some exciting news! Our field proven iQx software will soon release new functionalities in its time and cost estimation application.

When launched, you'll be able to do campaign modelling! As a user, you'll benefit from the new feature possibilities to:

• Develop an #AFE for the entire drilling campaign - handy when you have many wells planned after each other with the same stakeholders
• Add a learning curve to the model - improvement in performance as the first wells in a campaign often tend to be slower than the later wells.

Naturally, you are still able to simulate time and cost models for individual wells as part of the campaign.

Collaboration and intuitiveness are at the centre of the campaign time and cost modelling functionality. And without saying, iQx is built on the latest architecture and connects through openAPI to any other software.