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Services

What will AGI do for Directional drilling intangible costs?

Intangible drilling costs include everything but the actual drilling equipment. Labor, chemicals, mud, grease, and other miscellaneous items necessary for drilling are considered intangible

The work itself

Grounded Work Profile

Tools

  • Authorization For Expenditure SoftwareserviceBlueprint
  • Cost Accounting SoftwareserviceBlueprint
  • Accounts Payable SystemserviceBlueprint
  • Tax Provision SoftwareserviceBlueprint
  • Financial Reporting SoftwareserviceBlueprint

Outputs

  • Intangible Drilling Cost ScheduleserviceBlueprint
  • Capitalized Cost ReportserviceBlueprint
  • AFE Reconciliation WorkbookserviceBlueprint

Measured by

  • Audit Adjustment RateserviceBlueprint
  • Reconciliation VarianceserviceBlueprint

Key steps

  • Gather drilling cost line itemsserviceBlueprint
  • Classify tangible versus intangibleserviceBlueprint
  • Allocate intangible drilling costsserviceBlueprint
  • Reconcile to field invoicesserviceBlueprint
  • Prepare IDC deduction scheduleserviceBlueprint
  • Review schedule with controllerserviceBlueprint
  • Deliver capitalized cost reportserviceBlueprint

How AGI delivers it

Four ways AGI delivers for Directional drilling intangible 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

Value flow

How Directional drilling intangible costs connects

measured by

  • Audit Adjustment Ratemodel
  • Classification Accuracymodel
  • Reconciliation Variancemodel
  • Report Turnaround Timemodel

optimizes

  • AFE Variancemodel
  • Close Cycle Timemodel
  • Cost Classification Accuracymodel
  • Tax Deduction Capturemodel

produces

  • AFE Reconciliation Workbookmodel
  • AFE Variance Reportmodel
  • Capitalized Cost Reportmodel
  • Cost Allocation Reportmodel
  • Intangible Cost Classification Schedulemodel
  • Intangible Drilling Cost Schedulemodel

Go deeper

Explore Directional drilling intangible costs

Read the deeper take on agi.asView as markdown