WellCycle offers the leading Web-based well portfolio & lifecycle management system for natural gas and oil companies. WellCycle automates the essential business processes of the well lifecycle, delivering governance and visibility throughout the process, and optimizing the drilling and rig scheduling function.
WellCycle’s well portfolio & lifecycle management solution provides natural gas and oil companies with a comprehensive system to manage their entire portfolio of wells. The system provides easy access to a central repository of well-related data, facilitating visibility and collaboration between functional disciplines, including: geology, development, mineral land, surface land, regulatory, drilling, construction and midstream. All wells are managed through a consistent workflow, automating a repeatable process from planning through abandonment, to enforce sound governance and project management discipline throughout the well lifecycle. WellCycle provides a single, centralized solution to govern the entire well planning and regulatory process. All data is stored in a central repository to eliminate redundancy across applications and provide a single source of the truth. The system offers a holistic view of all critical drilling activity, governing the relationships between process stages and offering an accurate representation of the state of each well. Current and past activities are monitored to help identify and implement process and productivity improvements.
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The WellCycle system offers the following functions:
WELL PORTFOLIO MANAGEMENT - Manage all well-related data in a Web-based repository offering visibility and collaboration between the various disciplines involved in the well planning process.
WELL LIFECYCLE MANAGEMENT - Govern all wells through a consistent workflow to enforce a repeatable process and facilitate handoffs between the various functional disciplines involved in the well lifecycle.
DRILLING AND RIG SCHEDULING - Oversee the scheduling of rigs and drilling activities to optimize the use of valuable resources and expedite the drilling process.
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