Saudi Aramco Selects Actenum Software for Enhanced Rig Scheduling
- Pipeline
- Saudi Aramco News
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Author: Actenum Press Release
Released 17 September 2006
Actenum Corp. has been awarded a contract by Aramco Services Company—a subsidiary of Saudi Aramco, the world’s #1 oil producer—for customization and deployment of a rig fleet scheduling application
Using Actenum’s proprietary optimization and scheduling software, the application will enable Saudi Aramco schedulers to automatically generate rig fleet assignments for any given period. The application’s interactive capability will also provide for rapid and effective response to operational disruptions. As rigs are added to the fleet in support of Saudi Aramco’s plans to raise production capacity, schedulers will use Actenum’s software to assess and rank rig/well assignments to determine optimal pairings for production target achievement.
Deployment is expected to be in early 2007.
"Maintaining production targets while controlling costs and responding effectively to complex, changing operational conditions is critical for our customers" said Actenum’s CEO, Paul Maurer. "Saudi Aramco recognizes the value that our ASM applications can bring to their operations, and we are excited to be working with them."