Well Data Technologies - Delivering Performance Through Knowledge

		RMX - Probabilistic Time and Cost Estimation RMX delivers a standardized, systematic approach to understanding, quantifying and communicating the impact of project risk to all stakeholders. RMX templates take your existing Excel process into a robust, user friendly system with fast simulations and customized reporting. more...
		CTX - Cost Tracking/Procurement CTX helps companies track and control complex project costs by providing reliable and accurate reports in real time. Over the past 16 years it has proven indispensible to a number of organizations including BP, NATO, Apache Corporation, TAQA and Senergy. more...
		WellKnowledge - Lessons Learned WellKnowledge is an advanced lessons learned and knowledge management system for use in drilling. Fully searchable and easy to use, it also allows companies to retain and exploit the collective wisdom that exists within their teams. more...

RMX Probabilistic Time and Cost Estimation
Within the business of drilling wells, Monte Carlo based probabilistic time and cost estimation has become a common solution to the problem of communicating the risk in AFEs to project stakeholders.

Unfortunately engineers often have to rely on complex Excel based solutions that are cumbersome to use, error prone and lack auditing and revision control.

RMX provides a robust solution, allowing the drilling team to understand and communicate the risk and impact on possible project time and cost outcomes to project stakeholders.

RMX emulates rather than replaces your current process, with all inputs and reports unique to your own template(s). This means you can model any type of project in RMX the way you want to do it.

Contact us to find out more.

We deliver performance improving results across the globe

Well Data Technologies have developed and continue to support software in over 30 countries, providing real results to hundreds of drilling operations.

With decades of hands-on software and well engineering experience, we are uniquely positioned to provide the right solution to our customers.

WDT Clients

"I can truly say that the system has surpassed my expectations and has been a source of pride to our management and admired by our clients. Thank you again for the development of such a valuable system!"
Dave Wilkinson
Drilling Engineering Manager
KCA DEUTAG

"Because the database is straightforward to use, it has been quickly adopted by all who use it. It is user friendly and fast."
Iain Dawson
Performance Consultant
BP Magnus