PLANS - the next-generation time and cost management

iQx PLANS application builds on the global success of iQx field-proven and industry-leading P1 well time and cost estimation tool. PLANS combines Monte Carlo simulation technique with advanced modelling technology and features to accelerate digital well planning.

Overhead, symmetrical view of industrial pipes and walkways above dark water, with a white circle overlay containing the word ‘PLANS’ in bold letters.

In today’s low-cost, low-carbon drilling landscape, well teams need time and cost estimates they can defend.

PLANS is cloud-based software that supports drilling time and cost estimation workflows, equipping drilling engineers and well planners with deeper insights to improve budget precision, make smarter decisions, and reduce schedule uncertainty.

A single deterministic estimate may look tidy, but it does not capture the real spread in non-productive time (NPT), flat time, hole conditions, or tool performance.

Modern drilling software tackles well time and cost uncertainties with probabilistics

Instead of relying on single-point estimates, probabilistic modelling gives a range of outcomes so the drilling and wells teams can see both expected performance and worst-case downturn.

That makes it easier to stress-test scenarios, set realistic AFE and schedule contingencies, compare well designs and well delivery strategies, and communicate well construction risks clearly to management and partners.

From initial scoping through detailed planning for AFE generation

PLANS supports every phase of well planning, gives well engineers a data-driven planning environment, requires zero lead time, and is already proven in global use.

Key PLANS features
  • Campaign modelling for portfolio optimisation
  • Task management for aligned execution
  • Tagging for concept comparison and parameter impact analysis
  • Automated distribution curve for consistent modelling
  • Tracking for early deviation control and resource management
The PLANS Value

  • Faster well planning through standardised workflows
  • Potential savings from more informed insights enabled by selective simulations
  • Higher budget accuracy to support better decisions on well scope and risk mitigation
  • Stronger AFE confidence from data-rich forecasting with up to 10,000 simulations
  • Higher forecast reliability by converting historical data into distribution-based inputs
  • Clearer reporting with standard and customised reports and charts
  • Better rig and resource allocation through real-time actuals-vs-plan tracking

PLANS is future ready

Get seamless data integration while planning with real field data, not guesswork.

PLANS converts historical performance into distribution-based inputs, improving confidence in time, cost, and risk forecasts.

Its open architecture supports local deployment, third-party integrations, and enterprise-scale use.

The result is one connected workflow that improves collaboration across departments and team members and maximises value in well construction performance across the well lifecycle.

Real impact from real operators

How teams improve accuracy and performance with iQx™.

Operators worldwide use iQx™ to plan faster, reduce uncertainty, and improve decision-making through connected data and probabilistic modelling.

USE CASES

Proven results for operators who rely on AGR Software

Leading energy companies across offshore, deepwater, and complex drilling environments use iQx™ applications to improve planning accuracy, reduce uncertainty, and align teams around a single, trusted source of truth.

Built by engineers for engineers, iQx™ supports critical well decisions where time, cost, and risk truly matter — helping operators move from assumptions to data-driven confidence.

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YOUR iQx JOURNEY

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