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Well Integrity, Risk Management and Compliance for all Well Operations

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TORC Total Operations Risk And Control

Remain competitive, operate lean, and address Environmental, Social and Governance (ESG) with TORC. TORC is an operational oil and gas risk management software platform that provides a 360-degree view of all well operations with workflow, database and reporting functions addressing:

Well Integrity

Liability

Environmental

Risk Management

Regulatory Compliance

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SOLUTION SUMMARY

  • Drilling
  • Completion
  • SCVF/GM – Surface Casing Vent Flow/Gas Migration
  • Well Testing
  • Suspension
  • Packer Isolation Testing & Repairs
  • Abandonment
  • Downhole Work
  • Field Inspection Response Management
  • Asset & Inventory Management

Web based

Web-based, cloud-enabled well integrity management software that enables instant communication between all users, whether they be in the office, in the field or 3rd party service providers.

Organized workflow

Structured workflow and business process for all stages of the well life-cycle that ensures:
a. Compliance and audit documentation
b. Activities don’t get missed or slip through the cracks.

Structured database

Structured database provides permanent records throughout well life cycle that can be used for future analytics, AI and machine learning

TORC DELIVERS KEY FEATURES AND BENEFITS

Monitor multiple wells simultaneously using a single interactive interface that combines data from all sources.
Receive alerts when it matters by setting basic or condition-based alarms that deliver instantaneous notifications to global users
Use an intuitive interface that minimizes the effort to manage data sets and enables creating custom workspaces.
Reach maximum operational performance and team productivity by automating hundreds of real-time calculations and tasks through this oil and gas risk assessment platform.
Manages regulatory data submissions for all wells.
24/7 visibility by all shareholders.
Better decision making with timeliness availability of important data.
Best practices and consistent standards for data collection and reporting of information by vendors.
Automated processes reduce knowledge loss risks, including delays in re-training. Ensures better business continuity when experienced staff retire or become unavailable.
TORC is integrated with WMNG and can be integrated with other systems to help reduce data entry.
TORC dashboard improves management and planning of engineering and regulatory staff workload.
Dashboard shows all tasks to be done, completed, not assigned, overdue, pending, etc.
Ensures regulatory compliance through data validation, alerts, and status notices.
Compliance and audit documentation

TORC DELIVERS KEY FEATURES AND BENEFITS

This regulatory compliance software will support the oil & gas upstream industry throughout its entire life-cycle: mobilization, drilling, completion, production, interventions, maintenance, recompletions, re-purposing, suspension, and abandonment. Manage all aspects of well operations and well license applications, from a regulatory compliance perspective.

  • Well Life Cycle Asset Management
  • Well Life Cycle Integrity Management
  • Risk Management Environmental Management
  • Compliance Management
  • Liability Management
  • Higher Rate of Return (ROR) on Investments
  • Reduced Failures and Unplanned Repairs / Maintenance
  • Increased Shareholder and Stakeholder Value
  • Enhanced Industry Leadership

SOLUTION SUMMARY

  • Organize, plan, execute, report, inspect and make informed decisions
  • Manage all critical well operations from any location
  • One common regulatory reporting solutions for all operators
  • High-quality data to provide more cost-effective, enhanced solutions with better outcomes
  • Improved incident prevention and reporting
  • Well life cycle risk management
  • One solution to report to all regulators worldwide
  • Focus on underperforming assets
  • Incident prevention
  • No production interruptions or wells shut-in due to failures or blowouts
  • Reducing risk and continuous improvement for well operations
  • Better records and more accurate analysis leading to better decisions
  • Reduce risk of fines & penalties
  • Real-time efficient reporting
  • Improved KPI generation
  • Endless Operational efficiencies

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Case Study – English

 

RES – NuVista – TORC

NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. NuVista’s focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin.
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