Rigs in yard

When choosing a rig for an upcoming drilling campaign, an ill-informed decision has the potential to cost millions of dollars in downtime if the rig reaches location and doesn’t operate as designed.

How do you mitigate the financial risk during the rig tendering phase?

4 rigs 4 contractors ADC’s Technical Rig Audit Management System (TRAMS) has been developed to capture and analyse the findings from every inspection carried out over the last 10 years of our operations. Armed with this data, we target known areas of risk by conducting a trend analysis on everything from Drilling Contractor, Rig Type/Design, Operational Status, Equipment and Systems on board. Identifying non-conformance trends, allows us to maximise the short period of time on board each rig option to conduct a transparent and consistent inspection - providing the Operator with a comparative analysis of the rigs, underpinned by the potential financial risk of each option.

TRAMS historical data known areas of risk

Each section of the TRAMS Rig Selection Checklist carries a weighting based on potential financial risk. The sections include:

  • Rig Capability Requirements
  • Client Specific Requirements
  • Management Systems and Operational Status
  • Equipment
  • 3rd Party
  • Modifications

Upon completion of each rig visit, ADC produces a report on the suitability of the specific rig for the planned operations before then comparing all rig options on suitability and Potential Financial Risk based on the inspections findings.

graph of potential financial risk

TRAMS DELIVERS

The most intelligent, data driven integrated rig inspection service available anywhere in the world; designed to proactively meet the ever changing demands and high standards in today’s Oil & Gas Industry. TRAMS provides ADC clients with:

  • Standardised - A global standard for reporting based on classic audit procedure in accordance with ISO 19011 with the ability to create company specific standards​
  • Traceability & Transparency - A streamlined reporting environment for completion of all workscope related tasks, collection of data, and delivery of interactive visual reports.​
  • Interactive - Web enabled; online access to the ongoing project; allows YOU to be present at the inspection or audit from behind your desk anywhere in the world​
  • Intuitive - Fleet-wide or individual rig audit management; sharing improvement opportunities and closing out corrective actions as they happen

TRAMS - click here to watch the video

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