Solution

Rig Commitment Planning

Rig Commitment Planning

Building Confidence in Long-Term Demand and Supply for National Oil Company
Building Confidence in Long-Term Demand and Supply for National Oil Company
Screenshot of computer simulation
Screenshot of computer simulation

From single-scenario planning to realistic demand and supply ranges - giving leadership the confidence to make long-term rig commitments.

Client(s)

-

Sector

Oil & Gas

Challenge

Supply & Demand Planning

Decision lens

Activity Planning

Product

AIS

Geography

Middle East

The challenge

The challenge

The National Oil Company (NOC) was preparing for a decade of growth, with significantly higher rig demand to support more wells. Leadership preferred to own rather than rent. But ownership required long-term commitments.


Historically, rig planning had been deterministic and single-scenario. When leadership requested multiple scenarios, planners generated low and high cases by toggling certain projects on and off. The result: extreme gaps between scenarios and limited confidence to commit.


What was needed was a realistic range of rig demand over 10 years, constrained by budgets and feasibility, and a supply plan that balanced owned vs. rented rigs while accounting for retirements, lead times, and uncertainty.

The National Oil Company (NOC) was preparing for a decade of growth, with significantly higher rig demand to support more wells. Leadership preferred to own rather than rent. But ownership required long-term commitments.


Historically, rig planning had been deterministic and single-scenario. When leadership requested multiple scenarios, planners generated low and high cases by toggling certain projects on and off. The result: extreme gaps between scenarios and limited confidence to commit.


What was needed was a realistic range of rig demand over 10 years, constrained by budgets and feasibility, and a supply plan that balanced owned vs. rented rigs while accounting for retirements, lead times, and uncertainty.

Solution

Dashboard interface showing multiple charts and graphs analyzing gas portfolio economics, including cash flow, net present value, CAPEX, and tax projections.
Aerial view of a large liquefied natural gas (LNG) processing and export terminal with storage tanks, pipelines, and multiple jetties extending into the water.
Dashboard interface showing multiple charts and graphs analyzing gas portfolio economics, including cash flow, net present value, CAPEX, and tax projections.
Aerial view of a large liquefied natural gas (LNG) processing and export terminal with storage tanks, pipelines, and multiple jetties extending into the water.
Dashboard interface showing multiple charts and graphs analyzing gas portfolio economics, including cash flow, net present value, CAPEX, and tax projections.
Aerial view of a large liquefied natural gas (LNG) processing and export terminal with storage tanks, pipelines, and multiple jetties extending into the water.

We worked with the NOC to develop an AI-assisted rig planning solution that brought clarity to both demand and supply.


The tool explored thousands of scenarios across exploration, unconventionals, and development projects - delivering a realistic demand range for rigs over the next decade. It then mapped that demand against rig retirement schedules and lead times for procuring or renting new rigs.


Planners could test strategies for ownership vs. rental, and even explore “over-spec” options that add flexibility to cover multiple rig types. The result was a transparent, scenario-based view of rig demand and supply that executives could trust as the basis for long-term commitments.

Results

Faster cycles

Portfolio decisions that previously took months could now be reached in weeks.

Confidence in investment

Clear visibility on project sequencing, milestones, and economics enabled leadership to commit with certainty.

Alignment secured

Cross-disciplinary teams collaborated on one transparent framework, reducing debate and accelerating agreement.

Results

Faster cycles

Portfolio decisions that previously took months could now be reached in weeks.

Confidence in investment

Clear visibility on project sequencing, milestones, and economics enabled leadership to commit with certainty.

Alignment secured

Cross-disciplinary teams collaborated on one transparent framework, reducing debate and accelerating agreement.

Results

Faster cycles

Portfolio decisions that previously took months could now be reached in weeks.

Confidence in investment

Clear visibility on project sequencing, milestones, and economics enabled leadership to commit with certainty.

Alignment secured

Cross-disciplinary teams collaborated on one transparent framework, reducing debate and accelerating agreement.

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Want to learn more about this solution? Get in touch and ask for a demo.

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Want to learn more about this solution? Get in touch and ask for a demo.

Contact us

Want to learn more about this solution? Get in touch and ask for a demo.

Contact us

Want to learn more about this solution? Get in touch and ask for a demo.

Contact us