RichTerra Project Management provides a comprehensive package of well construction services with all operations performed in strict accordance with internationally recognized standards and procedures supported by RICHTERRA’s tested & proven Well Engineering Management System.
The essence of RichTerra Well Project Management is that we perform the function of a fully integrated well engineering department for our clients. RichTerra’s intention in every project is to maximize the value delivered to the client by consistently providing top quality solutions fully aligned with the overall project objectives.
A critical element of the RichTerra philosophy is focus on the total project delivery, not solely on the component part that we may be accountable for. This philosophy gives the client confidence that their interests are always at the heart of what we deliver.
RichTerra provides the complete spectrum of project management services ranging from full-scale well construction through to small integrated project teams. There is full flexibility in the amount of contract management and cost control required by the client and RichTerra has a continuum of examples to draw upon from operators globally.
productive time and increase safety by eliminating operational vulnerabilities and distancing people from hazardous equipment & work areas.
RichTerra is providing Wellsite Consulting Services for oil & gas companies on high speed drilling projects. Our core business in North America is providing Wellsite Geologists, Drilling Supervisors (Company Man), MudLogging Specialists, Operations Geologists, Pore Pressure Specialists, Geophysicists, Petrophysicists and Reservoir Engineering specialists. Our well site operations group offers a wide variety of services in Canada, USA, Middle-East & India. We have a strong reputation based on quality trained personnel and we now play a key role in high speed drilling projects of Canada & USA.
We are active in:
Canada
BC/Alberta/Saskatchewan/Manitoba
USA
Texas/Colorado/North Dakota/Oklahoma/Louisiana
Asia & Middle East
India/Kurdistan/Oman/Albania/Bahrain/Qatar
Our main focus currently is India, where we are expanding our work in the following regions:
Rajasthan/Gujrat/Andhra Pradesh/Assam/Maharashtra
We provide services in the following disciplines:
OPERATIONS GEOLOGY
Supervision of geological operations
Monitoring of non-operated wells
Management and supervision of contractor services
Reporting to management, partners and authorities
Preparation of well programs, reports and post-well evaluations
Preparation of final well reports/logs
Logging program design & contractor selection
Pre Spud meetings
WELLSITE GEOLOGY
Geological supervision on site
Correlation with offset wells and regional geology
Formation/Show/Sample evaluations
Core point/casing point selection, core processing, description and evaluation
Geo-steering operations
Deep water & HPHT operations
Geological Striplogs & Log interpretation
Wireline Log QA/QC, Petrophysics & Log analysis
RichTerra’s technical staff has extensive experience with complex structural and stratigraphic fields throughout the world, including many with unconventional reservoirs such as fractured basement, tight oil, and heavy oil. RichTerra has performed field characterization and reserve assessments that range from exploration areas and early appraisal drilling to fully developed fields. Our cumulative experience covers some of the best producing basins like Williston, Permian and Western Canadian Sedimentary basin and our team has worked in a wide range of sedimentary depositional environments including continental, fluvial, deltaic, marine, and deep-water. So when we work with you, we like to ensure that your investment gets the right returns. Our typical FDP starts with:
RichTerra’s PMO team can provide timely and objective reporting, from evaluating the performance of the exploration/drilling/completions and production divisions, by monitoring schedules, analyzing costs, and identifying and managing your project risks.
RichTerra’s PMO Team will include specialists in all phases of your field development, so that the numerous events that occur on your project can be assessed and evaluated in a timely way by the right experts. RichTerra’s staff includes experts who can oversee multiple fields. Clients as partner can benefit from strong recommendations that are both technically and financially sound.
Considering Staff Augmentation: RichTerra’s experienced project managers, operations managers, drilling engineers, geologists, production managers, contract administrators and other professionals are available at a moment’s notice and Clients can benefit a lot by proper use and right matrix of staff that is not a burden on the company’s resources. Our professionals will take a results-driven yet cooperative approach to meet Clients goals. This two-pronged methodology effectively complements existing permanent staff at Clients office.
Performing Troubled Project Turnaround: RichTerra offers remedial services to turn troubled projects into productive investments. RichTerra has successfully rescued projects from poor management and planning, work stoppages, regulatory intervention, labor issues, and countless other factors which resulted in extensive delays, cost overruns and expensive unproductive adventures.
Implementing Project Controls: RichTerra provides proven project controls systems as part of our project management services. Our systems incorporate schedules, spending management, budgets, and contract administration meeting the needs of today’s clients for successful control of the project with timely, accurate information on cash flow needs, costs, schedules, changes, progress (status), claims, material, equipment, and contractual services.
RichTerra provides, a comprehensively integrated operation with a single interface for all services including project management, hiring of right consultants, procurement of products, and streamlining of administrative procedures, implementation of simplified work processes while maintaining and exceeding quality and safety requirements. RichTerra’s integrated field development package of services is supported by a full suite of energy services that we can provide through various subcontractors who have proven expertise and have worked with us before.
Benefits:
Client has a Single Point of Contact to simplify Client/RichTerra/Third Party Sub-Contractor Relationships
Greater accountability and improved output from individual units by combining operational services and project management under one umbrella
Client gets proven experience of unified services for best outcomes and results
Client gets a highly resourceful team having strong experience in implementing latest EOR technologies where reservoirs have low permeabilities and porosities
Client benefits from strong relationships with suppliers of OCTG & Drilling Consumables in selecting the best equipment and accessories at the most reasonable rates
Deliverables
Complete project management from exploration to production and well tie in to batteries
Unified operation window directly dealing with contractors & sub-contractors
Alignment of client and service company goals through performance based contracts
Better utilization of contractor expertise with clearly defined roles working under one umbrella
Delivery of successful productive wells and high quality work
Reduced delays on service delivery and project execution
Reduced lost time on injuries by giving high priority to safety
Successful drilling program completed in shorter duration
Successful implementation of latest EOR technology to increase production
Cost efficient operation increasing profits for client
Our experience working with projects in oil and gas suggests that while best practices and experienced talent are essential, they are not enough. Successful management of large projects follows a coherent, consistent reference framework that guides our decisions and processes. RichTerra’s Large Project Management Framework includes:
Formalized project phases and checkpoints
Clear accountabilities within an integrated project team
Checks and balances between central functions and project teams
Continuous review to measure project value and monitor risk
RichTerra has developed a Well Operations Management System that provides a framework for safe, efficient and consistent management of drilling operations. This is achieved by defining the roles and responsibilities of the key positions involved in managing and executing our well engineering projects, and the operational procedures and policies relating to those activities.
The Well Operations Management System assures:
Clear assignment of responsibilities;
Sound risk management and decision making;
Efficient and cost-effective planning and operations;
Legislative compliance throughout all operations;
A systematic approach to well design and operations; and
Continuous improvement
Where applicable, the Well Operations Management System can be bridged to the Client’s existing technical and HSE management systems to provide a unified and consistent management framework.
Our Drilling Project Management Processes
The first stage of our Drilling Project Management process is the opportunity realization process which covers the defining and understanding of an opportunity in a structured manner. We use multiple pathways to align the various strategic contributors of a project to the overall top level highway which brings profit to an operating company.
To ensure we have structure, direction and consistency in this process we apply control processes and work processes. Our Drilling Project Management processes are all covered in detail within our Planning and Operations Management Process (POMPs).
Complete Drilling Project Management
The complete Well Management of drilling projects, including Drilling Engineering & Well Engineering design, planning, operations execution and review, the management of drilling rig contractors and the management of all services involved in drilling, completions, well testing, work-overs, abandonment and site restoration.
Project Delivery Process
Our well delivery process associated with our drilling project management service includes the following elements
Project Organization & Management
Front End Engineering Design (FEED)
Assess & Define Phase
Project Planning & Scheduling
Risk Assessment & Management
Procurement Management
Contractor Management
The Design & Plan Phase
The Execute Phase
The Review Phase
Operational Benefuts:
Only the elements actually required in terms of personnel, equipment and services are utilized with no unnecessary add ons
Waiting on equipment or services is reduced as a result of a more integrated and focused approach
Back up plans and contingency plans are always in place and an integral part of the overall project plan
Drilling Project Management experience coupled with expertise in the relevant fields and improved efficiency leads to cost and time savings for the Client
Drilling Project Management creates a single point of communications with regards to operations management, overall well costs can be reduced significantly with all parties in town and the field aligned to the plan and objectives
Centralized reporting and data gathering
Improved communication between different disciplines
A retained learning curve for management & contractors
Implementation and savings for future projects
A centrally focused team bridging all interfaces addressing potential hazards and errors
Spending Managment and Fee Generation
Our Integrated Spending Management Framework (ISMF) covers all key procurement and spend processes. Based on our deep insight into the individual processes, we evaluate potential initiatives to optimize our clients’ cost base, organization and overall processes in the areas of:
Strategic and Operational Procurement
Supply Chain Management & Transportation Logistics
Working capital optimization (e.g. inventory management, payment terms and process)
Spend and Supply Strategy, which covers aspects such as in- and out-sourcing and shared services strategies
Spend Transparency and Savings Diagnostic
Spend Control & Compliance Management
The best part of entire program management is that we are able to extract our consulting fee from the project optimization itself. This motivates us to work harder and more efficiently, while the project is operating as a Self Sustaining Fee Model (SSFM) for the operating company and saving money.
In summary, RichTerra offers its clients:
Methodical, scientific and safe approach in our operational system and work procedures while maintaining healthy relations with inside and outside team members
We employ time tested operation plans and effective strategies for optimal manpower utilization, inventory management and quality of work
We have been delivering niche services to many small & mid size enterprises by providing maximum flexibility and optimum results
RichTerra’s success is based not only on the high standards of our consulting work and approach, but also on our Self Sustaining Fee Model that share the risks and rewards of projects with our clients