Energy & Renewables
Palantir’s energy and renewables solutions provide integrated data insights to optimize resource allocation, improve operational efficiency, and enhance sustainability efforts.
With advanced analytics, energy companies can make decisions on supply, demand forecasting and environmental impact in the transition to renewable energy.
With advanced analytics, energy companies can make decisions on supply, demand forecasting and environmental impact in the transition to renewable energy.
Use Case 1AIP for Dynamic Rig Scheduling
Create efficient schedules with optimal asset allocation that consistently meet production and capital targets while managing the complexity of rig operations.
Overview
Efficient rig scheduling is critical for achieving production and cost targets in the constantly changing oil & gas industry. AIP powers the Dynamic Rig Scheduling app to bring AI to scheduling and resource management for drilling, completions, and well work. It enables operations teams to effectively create and manage their schedules in the context of their organization and adapt to real-time changes to their environment. The app streamlines work order management, maintenance, and personnel allocation, optimizing asset utilization and enabling teams to quickly respond to evolving plans.
Efficient rig scheduling is critical for achieving production and cost targets in the constantly changing oil & gas industry. AIP powers the Dynamic Rig Scheduling app to bring AI to scheduling and resource management for drilling, completions, and well work. It enables operations teams to effectively create and manage their schedules in the context of their organization and adapt to real-time changes to their environment. The app streamlines work order management, maintenance, and personnel allocation, optimizing asset utilization and enabling teams to quickly respond to evolving plans.
Comprehensive rig scheduling
AIP integrates structured and unstructured data automatically to facilitate the organization of drilling, completions, and well work, ensuring production targets are met.
Activity and personnel management
Drill down and schedule specific tasks, such as maintenance. AIP suggests the assignment of personnel to those work orders for efficient workforce allocation based on certifications and current allocation.
AFE creation and approval process
Supports the creation of Authorization for Expenditure (AFE) documents and streamlines the approval workflow, simplifying financial management. Automatically releases approved AFEs for Rig scheduling.
Schedule monitoring and improvement
Provides timely notifications to planning teams about schedule adjustments and offers AI-driven recommendations for enhancing operational efficiency.