Drilling and Well Work Case Study

Primexx needed to track increasingly complex drilling operations, manage AFEs, track field costs, and distribute professional drilling reports to its partners.

About Primex energy partners

Based in Dallas, Primexx operates approximately 200 wells in the Permian, where it maintains a multi-year inventory of drilling acreage. In 2017, the E&P drilled 12 wells and has increased drilling activity in the region.

W Energy Software optimizes our time across the board on exploration and drilling, allowing our drilling team to spend more time on the job site and less time in the office.

Drilling Manager

key report types

  • Daily Drilling Summary
  • Cost vs. Budget
  • Well History

Areas of Operation

  • Permian Basin

Who benefits?

  • Engineers
  • Technicians
  • Field staff
  • Accounting
  • Management
  • Partners

supported workflows

  • Drilling project management
  • AFE/LOE management
  • Field cost tracking
  • Partner data sharing
  • Contractor data sharing

INSPIRATION FOR CHANGE

INCREASING DRILLING ACTIVITY

Primexx maintains three active rigs in the Permian Basin, which are primarily engaged in horizontal drilling at depths up to 21,000 feet. The E&P wanted to optimize rig utilization and improve the way it managed drilling and completion projects.

AFE AND FIELD COSTS

With its sustained drilling activity, Primexx needed to expedite the partner AFE process, compare ongoing field expenses to budgets, and track recurring costs from rentals and consumables.

DAILY DRILLING REPORTS

Primexx staff spent hours each day collating data, formatting reports, and distributing to partners. The company wanted a faster method for preparing professional drilling reports.

DISPRATE E&P SYSTEMS

Drilling and production operations teams used separate software tools, which created barriers to data and productivity. A unified solution was needed to track production and well work, such as workovers and repairs.

BENEFITS FOR DRILLING & WELL WORK

MANAGING OPERATIONAL COMPLEXITY

Primexx uses W Energy Software’s cloud-based drilling and well work solution to manage its complex drilling operations and track critical project, well, and rig data.

OPTIMIZING FIELD SPENDING

The W Energy Software solution allows Primexx to easily setup AFEs and automatically route for approval. The software gives field staff powerful tools for tracking expenses, comparing costs to approved AFEs, identifying overpayment and eliminating unnecessary costs.

CREATING & SHARING REPORTS IN MINUTES

W Energy Software effectively reduced the time needed to create daily drilling reports from hours to minutes, resulting in an estimated 80% timesaving compared to traditional software. Field staff can easily record key data then instantly share drilling reports with internal teams and partners.

INTEGRATED SOFTWARE SOLUTION

W Energy Software provided a complete solution to manage both drilling and production operations, reducing redundancy and improving productivity in the field and back office.