Processes

What will AGI do for Evaluate well costs?

A drilling prospect is prioritized and its preliminary well design is completed.

Trigger
A drilling prospect is prioritized and its preliminary well design is completed.
Outcome
A finalized well cost estimate is generated and submitted for Authorization for Expenditure (AFE) approval.

The work itself

Grounded Work Profile

Measured by

  • AFE VarianceprocessProfile
  • Cost Estimation Cycle TimeprocessProfile
  • Cost Per Foot EstimatedprocessProfile

Key steps

  • Receive well trajectory and completion design specificationsprocessProfile
  • Determine required materials, rig time, and specialized servicesprocessProfile
  • Source current market rates for equipment and contractorsprocessProfile
  • Model financial scenarios including non-productive time risksprocessProfile
  • Compile total estimated costs into an Authorization for Expenditure (AFE) documentprocessProfile
  • Compare projected well costs against economic viability thresholdsprocessProfile

How AGI delivers it

Four ways AGI delivers for Evaluate well costs

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Evaluate well costs connects

automated by