Integrating with your existing system, EnergyFlow’s Drilling and Daily Cost Tracker allows for effective cost-control on a daily basis. Web-based and easy to use, the availability of synchronised information enables you to work towards a collaborative goal.
Complicated spreadsheets are replaced by real-time, automated reporting. As a result, actual and budget data as well as non financial data - such as time and depth – can be captured and charted. By tracking daily spend throughout any drilling campaign, users are able to identify potential cost overruns and put preventative measures in place.
EnergyFlow delivers accurate and auditable daily cost tracking of all drilling and AFE related activities.
Track and analyse your drilling and operational expenditure by monitoring daily costs using EnergyFlow.
EnergyFlow Drilling & Daily Cost Tracker Analysis & Reporting allows Cost Accountants to record and analyse operational expenditure and drilling activities on a daily basis.
EnergyFlow records, analyses and reports costs and activity against AFE budgets.
This provision of thorough information regarding operational performance will help your team make decisions with confidence whilst also delivering transparency to stakeholders.
The system tracks activity against each project phase or Work Breakdown Structure (WBS), providing vital predictive forecasting.
For all phases of a drilling campaign you can accurately analyse expenditure, predict your cost to complete and adjust budgets where necessary.
Sophisticated yet simple to use analytical functions allow you to interpret and report on all data in real time.
Clear reports, charts and graphs make it easy to spot trends and identify issues, so you can respond quickly to what the data reveals.
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What our clients say...
Hurricane Energy is an E&P focused on UKCS fractured basement exploration and development. The organisation is a new generation of oil company that exists to discover, appraise and develop oil from fractured basement reservoirs.