What Makes RIMBase the Ideal Well Operator Performance Measurement Tool?

If you’re looking to measure geothermal well operator performance as effectively as possible, it’s time to consider investing in RIMBase. RIMBase is a groundbreaking well lifecycle reporting solution that boasts several features to help geothermal well operators measure and compare the performance of wells against pre-determined baselines.

Read more: What Makes RIMBase the Ideal Well Operator Performance Measurement Tool?

It provides clear visualizations of everything from flowback operations to KPIs and can be set up to automatically transfer data to other enterprise software for greater data handling efficiency and accuracy.

Read on to learn three reasons why RIMBase is the ideal well operator performance management tool.

1. RIMBase Offers Clear Comparisons Between Financial Data Such As AFE and Actual Costs

One of the best ways to measure well operator performance is by comparing its AFE and actual costs. This is where RIMBase comes in.

RIMBase uses performance data inputted by well operators during daily reporting to help them visualize and compare data such as authorization for expenditure (AFE) and actual costs. If a well has performed strongly, but its AFE costs are too high, RIMBase can alert users to its inefficiency (seeing as the budget has been compromised in the process of achieving performance KPIs). Well operators can gain further insights into the operational efficiency of a well by comparing its performance with similar wells using RIMBase.

2. RIMBase Is Available As Both an Affordable Cloud Service And a Fully Licensed Solution

RIMBase is the ideal tool to measure well operator performance, irrespective of your operational budget. It’s available in two variants—as an affordable cloud service and as a fully licensed solution.

Cloud Service

There are numerous reasons why the cloud-based version of RIMBase is one of the most cost-effective well operator performance measurement tools around. Firstly, the cost of using the RIMBase cloud service depends on usage frequency. In other words, if you’re thinking of measuring performance for a small-scale well operation, you can pay as you go using this version of RIMBase as opposed to settling a fixed fee.

It’s designed to be up and running within a day and requires minimal management/maintenance/troubleshooting because you aren’t required to install an application. All you have to do is access this version of RIMBase remotely through an internet connection, and you’ll be well on your way to measuring the performance of your well operators.

Licensed Solution

The licensed version of RIMBase gives you full control over well operators’ performance data and allows you to share it with other systems. This is useful if you want to gain an in-depth view of what’s causing your well operators’ performance to rise/fall.

The licensed version of RIMBase also works with low-quality communications links.

3. RIMBase Provides Complete Flexibility for Users to Track a Wide Range of Well Operator Performance Metrics

One of the main reasons why we measure well operator performance is to check how efficiently they can perform repetitive tasks while delivering quality assurance and control. Fortunately, RIMBase’s Insights feature gives users the flexibility to measure performance using a wide variety of metrics.

RIMBase lets users track the time it takes to move rigs between locations. It also provides metrics on the time taken to position/cement casings and retrieve oil from the well (flowback). These metrics indicate the performance of the well operator and how operations may be improved in the future.

Lastly, RIMBase gives users the ability to configure their own performance analytics. This makes RIMBase one of the most customizable tools for measuring well operator performance on the market.

Summary

RIMBase is a well operator performance measurement tool that allows users to check how efficiently tasks have been performed by monitoring metrics on a customizable dashboard. Its Insights feature enables users to track numerous metrics and financial data. RIMBase for Well Operators is available as both a cloud-based and fully licensed solution.

Keen to measure the well operator’s performance using RIMBase’s fantastic features? We invite you to reach out to our team at Infostat Systems, inc. for a free demo. We’ll guide you through all the features discussed above and answer any questions you may have. We also provide plenty of support and training to help our clients use RIMBase to its full potential.

Contact us now to learn more about RIMDrill for Drilling524 Contractors.