Day 3 Wed, November 14, 2018 2018
DOI: 10.2118/192969-ms
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Invisible Lost Time Initiative ILT in Drilling-Toward More Efficiency, High Performance and High Profitability-Do More with Less

Abstract: Dropping of oil price has significant influence in Oil & Gas industry in term of cost saving. A lot of efforts and initiatives were made in order to sustain with the current situation and to facilitate the Oil and Gas industry to lead the market. Existing of alternative energy is another challenge which threats the market. ILT initiative was introduced in the Drilling Function to Drill Wells in more efficiency and high performance considering the priority for safety and integrity. The main o… Show more

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“…Each KPI will give focus activity in time and look forward in how to improve performance. This process will help to lead on reducing wasted time in drilling as known as ILT (Figure 1) [1,2,3,7].…”
Section: Introductionmentioning
confidence: 99%
“…Each KPI will give focus activity in time and look forward in how to improve performance. This process will help to lead on reducing wasted time in drilling as known as ILT (Figure 1) [1,2,3,7].…”
Section: Introductionmentioning
confidence: 99%