digital Drilling Risk Evaluation Tool
with a 100% rate of success
Services criteria following: ISO 9001, 16530-1:2017, 29000, API Q1, API Q2
Just like a TRAFFIC LIGHT of drilling projects
Security is something that is not negotiable, there are no other options
A drilling project is more alike a journey with….a road map. The road map has milestones and destination targeted. Several crossroads are encountered along the road. To reach the final destination you need to know all about the road.
START or STOP, WAIT and WATCH
Turning to Possible when it’s comes to Probable
We provide solutions to keep the projects in a safe & certain Area
Experience with 100% success rate of drilling downhole tools risk evaluations of 50+ wells (exploration, appraisal, sidetrack, infill, production, injection) from 10 countries worldwide. Drilling projects well depths between 1500 and 7000m;
Crude oil, gas, gas storage and geothermal well projects (onshore and offshore);
We announce that 12 DRILLING VISA reports were already delivered successfully with no complaints to 9 worldwide clients.
Due the confidentiality reasons, being an independent reviewer were not allow to expose drilling project data or clients name.
Included in decision-tree analysis, digital tool Drilling Visa developed by Drilling Risks Services is the only one currently focusing on two major outcomes that need to be predicted for drilling operations include the following:
• cost and risk versus value of additional information;
• likelihood of dril pipe or logging tools getting stuck, and other nonproductive rig time.
Less obvious to many oilfield professionals, perhaps, but also important to estimate in cases that lend themselves to decision-tree analyses, are eventualities such as government legislation and stability, company mergers, court cases and health, safety and environment (HSE) issues. Despite other software products Drilling Visa is based on statistics, probabilistic and track history. Numerous software products are available that facilitate decision-tree analysis for oil and gas E&P and other industries.
Pre-Spud Independent Digital Review for Drilling Projects.
Service provided by Drilling Risks Services company powered by the digital application “Riskovery Drilling”
Independent review is a chance to receive feedback from individuals with expertise and perspectives that may not be represented in the development group. Independent review includes review by peers, experts (e.g. with methodological or technical expertise) and others (e.g. consumers, expected users and other stakeholders). It presents an opportunity for specialists in relevant fields, including non-experts, to comment on a full draft guideline, including recommendations, before it is published.
The calculation algorithm is based on:
Statistics and probabilities
Standards in the industry: API, IWCF, IADC, NORSOK and ISO
The recommendations brought after the analysis of the data provided, provide an overview of the viability of the project and implicitly a list of objectives that if implemented will bring an improvement both operationally (safety and environmental parameters) and financially (cost optimization implementation and / or insurance)
added value and benefits
- increases the speed of decision;
- best accuracy;
- prove the existence of risk, certifying and rank it;
- eliminate lack of human failure;
- eliminate lack of responsibility;
- helping quantifying and calibrating contingencies and AFE;
- increases the risk awareness;
- not dealing with amounts but percentages
- opposable to banks and insurance / re insurance companies;
- opposable to funding / financial institutions;
- opposable to authorities;
- funding/financial institutions
- project managers
- stock holders
- share holders
- board members
IMPORTANT NOTE: our risk evaluations are proactive and are made in pre-spud phase of drilling projects
- Drilling Risks Services is authorized risk evaluator. Successful jobs for Lloyd’s cover holders;
- Accredited Evaluator / Expert by ANRM (National Agency for Mineral Resources);
- UPGP (Ploiesti University of Oil and Gas) partner.
Energy for good!
Concept of skill and mastery
Since the company foundation in 2019, Drilling Risks Services, using in-house software tools (developed in collaboration with the most important evaluators in the drilling environment) has applied the DRILLING VISA concept for more than 50+ oil & gas and geothermal wells across 2020, beneficial for 20 customers from 10 countries.