Rig Contractor Identifies 9% Higher Utilization Opportunities for Fleetwide Implementation
Maximizing Fleet Performance with Corva
A leading rig contractor needed to enhance fleet performance, standardize operations, and improve KPI tracking while reducing inefficiencies in trip speeds and connection times. By leveraging Corva’s real-time intelligence, they gained fleet-wide visibility, identified inconsistencies, and implemented standardized best practices to improve rig utilization.
Key Results & Value Delivered
- 9% rig utilization improvement, reducing inefficiencies and lost time
- $9.3M in incremental revenue opportunities through enhanced fleet performance
- 30% operator capital efficiency improvement by optimizing drilling operations
- 127 days optimized across four rigs, accelerating well delivery and production
By standardizing workflows and optimizing rig efficiency, Corva enabled the contractor to deliver measurable performance gains and strengthen its value proposition to operators.
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