Challenge Timeline:
◦ Starts Feb 19th 2025 thru March 31st 2025
Objective/Goal:
◦ Are you outperforming offset operators nearby in all well phases (drilling primarily)
Rules of Play:
◦ Minimum 2 week access to 1 of your active rig(s) sensor data (via EDR provider)
◦ AKM team to compare results against similar type offset peers wells nearby in our ProINSIGHT platform and report results back to you on how many metrics you outperforming vs. underperforming.
◦ AKM team to also share results on max 1 underperforming metric in any well phase and why?
Eligibility:
◦ E&P company only and/or its employee
◦ You are primarily drilling in Permian, North Dakota, Eagle ford and Appalachian, Basin
◦ If no offset peer data nearby you will be informed.
Prize/Reward Structure:
◦ $25K awarded and wired to the charity of your choice in your name and special recognition of the individual and winning E&P company In all AKM marketing media.
Communication:
◦ Live event on Linkedin or zoom/teams call to reveal the winners.
World's First Market Intelligence Platform
Helping E&P operators benchmark performance against nearby operators using sensor data to drive significant reductions in Capex and Opex
ProACT helps E&P operators streamline Well Planning, Daily Operations, Post-Well Analysis, and Reporting in one platform to boost on and off bottom efficiencies.
ProWISE allows you to seamlessly capture and record human-generated data (observational data) on a “Well Wall” to improve accuracy of AI predictions in the future.
ProMARKET simplifies access to any specialized third-party planning, operations, and reporting applications (Desktop/Cloud).
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Learn more about how we simplify workflows during well construction for top 2% of the E&P operators in the US. For more information and general concerns about our data analytics software, send us an email.