IADC Well Control Conference
15th and 16th of October in Stavanger
IADC Well Control Conference 2024
On October 15-16th, the International Association of Drilling Contractors (IADC) Well Control Conference took place in Stavanger, bringing together industry leaders and professionals dedicated to advancing well safety and control. As part of this influential gathering, Presight Solutions highlighted a critical message: true well safety goes beyond just what happens in the well itself.
Last week, Petter Johnsen, CEO of Presight, presented on operationalising safety barriers in well operations.
His main point?
Effective well control requires more than just technical knowledge – it demands a holistic approach that includes the entire crew, the environment, and the operational ecosystem. Johnsen’s presentation showcased how Presight’s Barrier Management software offers an interactive, visual overview that integrates both technical and human elements, creating a more robust approach to operational safety.
Leveraging Data for Barrier Management and Risk Reduction
In high-risk industries, making informed decisions means having real-time, data-driven insights. Johnsen illustrated how big data, drawn from multiple digital sources, can enhance Barrier Management processes by integrating insights on human, technical, and organisational factors. This multi-dimensional view equips leaders with the knowledge to make risk-based decisions that address potential major accident risks effectively.
Presight Operations Management: Visualising and Centralising Operations
At the conference, Presight also introduced its Operations Management solution, designed to consolidate essential data into a single, clear visualisation. By integrating information from Daily Vessel Operational Reporting, maintenance records, ESG data, and HR systems, Presight enables completion engineers to optimise business management across strategy, safety, and operational risk.
This interactive visualisation empowers teams to make informed decisions, manage risks effectively, and benchmark performance against key operational goals.
Optimising Well Performance with the Planning Module
A standout feature of Presight’s Operational Daily Vessel Operations Reporting is its Planning module. This tool enables completion engineers to schedule well activities in a structured sequence, aligning tasks to optimise well performance.
- The Planning module provides estimated, actual, and ideal times for each activity, identifying cost-saving opportunities by highlighting where tasks can run in parallel. Engineers can track time spent on each activity, monitor progress in real time, and make schedule adjustments as needed.
- The module’s real-time updates also improve transparency by allowing seamless communication with clients, ideal for enhancing trust and operational clarity.
- When it comes to rig activation, the Planning module provides full control and detailed insights, contributing to more confident decision-making and better project outcomes.
Beyond the Well
Presight’s presence at the IADC Well Control Conference underscored a vital message: well safety is about more than just controlling the well. With tools like Barrier Management and Operations Management, completion engineers can achieve a comprehensive, connected view of their operations. From managing safety barriers to visualising complex data, Presight is committed to supporting safe, efficient well operations by empowering engineers to care for everything around the well.