In a move to take lead in delivering advances in digital rig scheduling, we announced today the acquisition of the Deloitte Digital portfolio application, ‘RIG’. As a result, the acquisition will expand the portfolio of applications within our Software business unit.

AGR Software has a number of plug-and-play applications available on its iQx™ platform which enable game-changing efficiencies in the energy exploration and production sectors.

This acquisition supports the ambitions of AGR Software to become the driving force in standardising and simplifying data management related to well delivery and rig scheduling.

RIG was developed to optimise rig scheduling and to give users complete visibility of their rig portfolio, helping avoid downtime and delays. The application is already proven, having been successfully rolled out on the Norwegian Continental Shelf.

Alongside RIG, AGR software applications enable our users to accelerate digitalisation within well delivery process by delivering bespoke tools:

• P1™ – probabilistic well time and cost estimation
• CT™ – actual time and cost tracking
• D2 – collaborating through increased automation in drilling related document generation
• Ex™ – knowledge management and learning from experiences.

“RIG is an important supplement to iQx™ users, enabling innovation and supporting transparency of well data. The platform enables drilling engineers to simplify their workflows. AGR Software is a rapidly growing business unit within AGR and we are very pleased with the recent addition to their drilling software products,” said Svein Sollund, CEO of AGR.