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P1 - well time and cost planning

Conditioning

End users & utilisation

Geoscience and reservoir

Hydrogen

Liquified natural gas

Oil & Gas

Platforms, floating production systems and onshore plants

Production

Productions operations

Subsea systems and marine operations

Transportation, distribution & storage

Well construction and operations

Technology readiness (TRL)

Value proposition

P1 is a Probabilistic Time and Cost Modelling software developed to schedule time and uncertainties in any well operation.

P1 applies Monte Carlo simulation to derive Probabilistic Time and Cost estimates that generate a deeper understanding of well construction risks – both operational and financial. P1 helps to quantify and visualise project time, cost and risks.

Building a model is intuitive, easy and requires minimal training. By clicking the “run simulation” you will get valuable insight in how the well might come out in terms of time and cost as function of different risk scenarios and input variables.

This plug and play software give immediate results and will improve your time and cost estimations both short term and long term.