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DrillSuite® Standard
DrillSuite® Standard: Business Support System

NOV's DrillSuite® Standard business support system is software that helps ensure your organization is running at its highest performance as it maintains its compliance to the latest corporate governance standards. Basic RigSense® reports and DrillSuite generated business reporting tools are included in our standard offering that enables the timely and accurate consolidation and delivery of information to and within the office for faster, more effective decisions.

DrillSuite Standard consolidates report data electronically from every rig into a central database. Standard reports are generated and are instantly available to any user having security rights to the information. With DrillSuite Standard and just a few mouse clicks, you can consolidate, query against and pre-arrange data to highlight meaningful relationships, improve focus on trouble spots and improve overall operations.

Consolidated Reporting

At a glance, consolidated morning reports allow drilling contractor management to view summarized data for the day for the entire fleet of rigs. Individual and consolidated rig directions reports reduce confusion for vendors, emergency services or other third parties searching for rig locations.

Automation saves you time and money

  • Single source of data entry at the rigsite improves accuracy.
  • Automatic imports significantly reduce time spent completing tour sheets, morning reports, payroll reports and other required daily or weekly reports.
  • Less time spent on data entry allows personnel to increase focus on drilling operations rather than administration.
  • Reduce billing and payroll cycle times by automating the manual IADC reporting process.
  • Electronically integrate with critical business systems through the automated transfer of information.

 

Operations analysis

Detailed subcodes let you analyze operational trends, benchmark activities and rigs. For example, utilizing downtime subcodes allows you to focus preventive maintenance efforts on the component generating the most downtime. Another example would be an analysis of rig move time by rig type or length of move.

Customer Invoicing Efficiency

Built in system controls over data integration provides an audit trail ensuring customers are invoiced for only those hours approved by both companies on the tour sheets.

Reduce Compliance Effort and Risk

Reduce the cost of Sarbanes-Oxley compliance and the risk of non-compliance by both reducing the number of controls required and replacing manual controls with system controls. System controls are by nature more reliable, less subject to error and provide electronic audit trails for compliance. DrillSuite Standard eliminates repetitive data transfer and information keying to decrease necessary controls and ultimately ease the burden of compliance. Our DrillSuite Standard solution leverages efficient processes driven by today's most rigorous accounting standards to enhance internal control and extend it to the rig site. We then take that validated source data and transform it into meaningful information so you can make better business decisions. The DrillSuite Business Support System offers reporting features and controls not available in other data acquisition systems.

Features Include:

  • Consolidated Reporting
    - Executive Morning Report
    - Consolidated Rig Directions
  • Customer Invoicing Analysis
  • Operations Queries
  • Oil-Based Mud Report
  • Activity Reports
  • Downtime Analysis
    - By Well
    - By Rig
    - By Division
    - By Subcode
  • Consolidated Invoicing of NOV Services

System Prerequisites:

  • NOV Instrumentation
  • RigSense Drillsite Information System
  • WellData Website Information System
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Customer Billing Review, which provides detailed breakdown of billable operations, is derived automatically from tour sheet data approved by both operator and contractor.
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Individual rig information files are compiled into a Consolidated Rig Directions report, making it easy to provide up to date, consistent rig location information to service companies, emergency responders, and other third parties.
Body Images Graphical time summary reports provide easy to interpret information at a glance.
Body Images Focus maintenance efforts based upon downtime reports that are driven by subcodes to provide a detailed percentage breakdown by key rig systems.