We officially released the first version of our Well Pad Planning tool on August 30, and on September 11, we invited our customers to come down and see what this new product was all about.
We weren’t sure what to expect, but we thrilled to see such a great turnout. It was a packed house. We’ve been working closely with geophysicists for over 20 years, and the industry continues to change. We were excited to show them our new product and talk to them about why we built it.
Why did we build it?
Last fall, we met with a number of geophysicists and learned that there weren’t many solutions available for planning well pads and field development in unconventional plays. While there are some tools available, they’re expensive and very complicated to use, so many people are still manually planning well pads. We built a really intuitive, affordable product, so teams can eliminate manual well pad planning and field development and optimize their unconventional assets. Besides the time savings, it reduces risk and can save a lot of money on completion costs.
Why is this important to our geophysicists?
Collaboration between planning teams, engineers; geologists; and geophysicists, has become increasingly important. We designed this tool to be intuitive, so it’s quick to learn for anyone. This means teams can now work together to integrate data within this tool, design multiple what-if scenarios and complete their plans in much less time.
As the interface is familiar to geophysicists, this helps them more easily communicate and demonstrate important input to the well pad planning process.
Thanks to everyone that attended our session yesterday!
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