Analysis of Operational Results in CK Field

The provided table and chart showcase the remarkable efficiency gains achieved through Zagros Drilling Company’s software in the CK-24 well, compared to the field’s previous best performer, CK-22, across a 2168-meter drilling interval from 185m to 2353m.

Table Insights: CK-24 recorded a cumulative rig time of just 312 hours, a substantial 25.02% reduction from CK-22’s 416.12 hours. This optimization yielded 104.12 hours in time savings and €173,533 in cost reductions, with the meter-per-hour rig time surging from 5.21 m/hr in CK-22 to 6.95 m/hr in CK-24—demonstrating superior rate of penetration (ROP) and operational streamlining.

Chart Insights: The cumulative rig time vs. depth plot visually reinforces these results, with the green line (CK-24 Actual Drilling Time) progressing below the white line (CK-22) at all depths. This steeper trajectory for CK-24 highlights accelerated drilling without plateaus or delays, underscoring the software’s ability to mitigate risks and optimize parameters in real-time.

Overall, this operational project validates our platform’s impact: leveraging empirical learning, advanced analytics, and scientific optimization to outperform benchmarks by 25% in rig time, all without new equipment—paving the way for cost-effective, high-performance drilling in challenging fields.