Whether the completion operation is in full swing or on standby, you’re still paying upwards of $100,000 a day, underscoring the need to minimize nonproductive time. That comes out to be about $70 a minute or a dollar and some change every second. This is why it can be so excruciating to watch the crew stand on the sidelines while your frac operation swaps over to wireline, a process that can take nearly an hour.
As we’ve seen on the drilling side, operational KPIs are something that should be tracked and constantly refined to drive performance higher and costs down for completions. We should challenge our frac and wireline operators to reduce swap over times. To do this, we need a way to track and compare performance across morning and night shifts, set goals, and trim down times. Fortunately, Corva has an app for that!
Set a Swap Over Goal, Save Big
Corva’s Swap Over Times app allows target goals to be created at a company or user level. A Corva customer recently set a goal to trim 25 minutes within two weeks. By leveraging our Swap Over Times app, the operator quickly identified areas to improve operational efficiency and implemented best practices during the huddle with crews at shift change. This enabled them to quickly cut swap over times in half within the first week and meet their overall goal of reducing times by 25 minutes within two weeks. Assuming 100 stages and a daily burn rate of $100,000, the operator saved 42 hours swapping over and approximately $174,000. And that was just one goal on one pad and the customer is already setting new goals companywide.
How It Works
Corva’s Swap Over Times app enables field and office personnel to visualize time spent transitioning between frac and wireline operations. Users can quickly assess the efficiency of swap overs as they occur in real-time and review previous transitions for the well or pad. The app helps users stay on track with their goals by showing a running average of swap over time and the target with chart color coding to indicate which stages have missed the target time.
As with our other completion apps, the Swap Over Times app leverages Corva Stream™, a breakthrough real-time hardware appliance that plugs-in to data aggregators in the frac van and wireline bus. The Swap Over Times app taps into Corva Stream’s automatically detected stage data, including rate, ISIP, and wireline activity.
By automatically tracking swap over times, the app equips the companyman and remote supervisors with a data-driven tool that can help crews understand where to improve.
Mar 19, 2024
