Managing the addition of new wells to your asset inventory involves a long checklist of regulatory and internal approvals, updates to systems, accounting, notifications and partners.
By formalizing this process in a project template with the various steps, actions, documentation and approvals each new well follows the same process. Your team will define who the specific action owners and approvers are as each new project is initiated. Leveraging the tracking, email notifications and My Actions views allows your team to move all of the open projects ahead and highlight those that are falling behind. Bottlenecks are easily visible.
Regular project meetings can be focused on exception handling rather than status of work in progress.
