Case Study: a major US operator achieves $100 million in free cash flow with Actenum DSO/Upstream

AI-powered drilling scheduling software generates $100 Million in Free Cash Flow

A major US operator was facing significant inefficiencies in its drilling operations due to a reliance on complex, manual MS-Excel spreadsheets. This outdated method lacked visibility into key performance indicators, made it difficult to determine cycle times, and resulted in the inefficient scheduling of assets and personnel. To overcome these challenges, the operator turned to Actenum and implemented its DSO/Upstream AI-powered drilling scheduling software.

Actenum delivered a phased implementation of DSO/Upstream, which provided the operator with powerful decision support and advanced analytics to rapidly identify optimal schedules. The solution enabled the creation and evaluation of multiple "what-if" scenarios, allowing management to see the impact of decisions in real time. As a result, the operator generated $100 million in free cash flow in a single year by optimizing rig reductions and saved an additional $10 million by selecting the best well sequence scenarios. Actenum's software also delivered major time savings for schedulers and decision-makers.