Alto Drill™
reviews
3
• Develops a meaningful company inventory of all “prospects”.
• Ensures the sequence of regulatory and licensing requirements are met every time.
• Enables management to easily view, in real time, progress for each application.
• Captures and maintains all relevant data to be transferred to capital and financial management systems, improving accuracy and reliability.
How was it developed?
Alto Drill™ was developed to address a real need within operations and finance, and was created within a mid-size O&G producer, here in western Canada.
The producer was not satisfied with their overall process for drilling applications. They engaged ICG to conduct an assessment, engage the organization to formalize a standardized overall process and then use technology to help facilitate that process to better manage the movement of information, and to capture
and maintain key data.
The ICG team worked with the producer to assess the current workflow, identify gaps, and develop a recommended plan to standardize, and then use technology to better facilitate, manage and monitor the overall process. The result is Alto Drill™.
What benefits does it deliver?
The O&G producer is very satisfied with the results!
They report:
• All licensing and regulatory compliance needs are met, every time, prior to drilling
• Improved teamwork and communication across functions and departments.
• Easy access to inventory of prospective drilling inventory
•Easy measurement of performance vs. plan through look-back.
• Better alignment and speed of work across operations and finance.
• Reduced errors and delays through automated transfer of data to other systems.
Is it easily adaptable to other O&G producers?
The simple answer is yes.
Alto Drill™ was developed to enable each O&G producer to define their own specific processes, and effectively marry them with the industry regulatory and licensing processes required.