United States : TOTAL STREAM SYSTEMS launches new drilling and wellwork program under TAM platform.
Under the company's Total Asset Manager (TAM) oil and gas software platform, Total Stream Systems, LLC has announced the launch of Total Drilling & Wellwork, a new drilling and wellwork program.
The new program can collect daily information on drilling, completions, and wellwork directly from the field and update the central TAM database to allow complete daily reporting.
Wellbore diagrams and horizontal plots tracking the path of the well, plus daily facility building and maintenance tracking, allow for a complete approach to operational activities.
The software enables users to capture daily costs on projects and reconcile them against budgets and actuals from any accounting system, due to the full consolidation with the AFE component of TAM.
Total Drilling & Wellwork is the latest addition in complete range of upstream oil and gas software products produced by Total Stream Systems, LLC as part of their TAM platform.
With this launch, their applications now cover the complete operational well life cycle, which includes generation tracking, field data collection, AFE management, rig scheduling, equipment management, financial analytics, and SCADA alerting.
Dyk said, "The exciting thing about this program is that it is a completely integrated solution to your AFE workflow. It gives you seamless integration on estimated and actual costs coming from the field, compared to what comes from accounting. Since it s integrated with the entire well life cycle, it gives better visibility for how your total asset is performing over time. All of this gives you tighter control on your budgets."
[c] 2015 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).
|Printer friendly Cite/link Email Feedback|
|Date:||Oct 23, 2015|
|Previous Article:||United States : Niagara Falls Memorial Medical Center announces plans to extend WOUND CENTER.|
|Next Article:||United States : TOTEX acquires General Motors research-and-design facility across Lomita Boulevard.|