Inactive Well Management
Managing liability is a critical part of an E&P company’s business. Typical challenges involve having the right data to make decisions, knowing which wells need action and ensuring the required inspections and tests are being completed on time. Companies also need to manage the capital required to execute work associated with the inactive well program. ESP provides a central location to manage your data along with a structured process to ensure nothing falls through the cracks, allowing you to spend your money on your best locations.
Service Features
Central Database for Inactive Wells
Workflow Tracking and Execution
Inactive Well Review & Approval
Capital Management
Document Control
Reporting and Analytics Dashboards
Central Database for Inactive Wells
Manage data related to inactive wells from all departments involved and pull from the public data to provide one source of the truth.
Workflow Tracking and Execution
Design the correct process for your organization to manage key activities like inspections, tests, surface casing vent flows, scheduling abandonment & reclamation activities or any other necessary workflows.
Inactive Well Review & Approval
A typical challenge with inactive well management is ensuring the proper people review wells for viability and make decisions on the best actions. ESP provides a fully configurable approval process so due diligence is maintained.
Capital Management
ESP allows you to manage the capital spend associated with your abandonment and reclamation program by connecting to key systems and providing projections based on the scheduling of jobs.
Document Control
ESP includes a full document management system that can store all key documents for easy access by the people that need to see them, manage inspection documents, tests, well data sheets and regulatory documents in the same system as your abandonment and reclamation program.
Reporting and Analytics Dashboards
Our powerful reporting and dashboard engine allows companies to leverage many standardized metrics and tracking dashboards. Use this toolset for visibility, capital and expense management and to manage your risk level and exposure.
Learn More About Our Solution
Learn More About All Our Operations Solutions
Well Servicing
Save time evaluating wells with down production and quickly identify with a high degree of confidence the most economic wells to allocate money towards. As prices change, update and recalculate quickly to see which well-down requests become economic. ESP provides a complete process for managing the well servicing process plus the analytics to make improvements.
HSE
Energy Success Platform approaches HSE differently than other HSE products, as we have managed HSE processes ourselves. We realize that an HSE process needs to be dynamic and adjust to the needs of your organization. Collection of Incident Reports, Near Misses and Hazard ID’s are important. However, you need to be able to see what the data is telling you and use those learnings to make improvements to how your company manages the risks it is faced with. You need to engage field personnel, as well as the managers and executives that are responsible for the organization. ESP can handle all of this and so much more.
Asset Integrity
Protect your assets by ensuring that you have the proper processes in place to manage the integrity of your investments. ESP provides a central database for all data related to managing your assets with a workflow process that allows you to track and schedule risk assessments, mitigation work, management of change and maintenance.