Well Integrity, Risk Management and Compliance for all Well Operations

TORC Total Operations Risk And Control

Remain competitive, operate lean, and address Environmental, Social and Governance (ESG) with TORC. TORC is an operational oil and gas risk management software platform that provides a 360-degree view of all well operations with workflow, database and reporting functions addressing:

Well Integrity

Liability

Environmental

Risk Management

Regulatory Compliance

SOLUTION SUMMARY

Introduction Video

TORC Web Desktop Version

Introduction Video

TORC App Tablet Version

Web based

Web-based, cloud-enabled well integrity management software that enables instant communication between all users, whether they be in the office, in the field or 3rd party service providers.

Organized workflow

Structured workflow and business process for all stages of the well life-cycle that ensures: a. Compliance and audit documentation b. Activities don’t get missed or slip through the cracks.

Structured database

Structured database provides permanent records throughout well life cycle that can be used for future analytics, AI and machine learning

TORC DELIVERS KEY FEATURES AND BENEFITS

Liability software
Monitor multiple wells simultaneously using a single interactive interface that combines data from all sources.
Receive alerts when it matters by setting basic or condition-based alarms that deliver instantaneous notifications to global users
Use an intuitive interface that minimizes the effort to manage data sets and enables creating custom workspaces.
Reach maximum operational performance and team productivity by automating hundreds of real-time calculations and tasks through this oil and gas risk assessment platform.
Manages regulatory data submissions for all wells.

24/7 visibility by all stakeholders.

Better decision making with timeliness availability of important data.
Best practices and consistent standards for data collection and reporting of information by vendors.
Automated processes reduce knowledge loss risks, including delays in re-training. Ensures better business continuity when experienced staff retire or become unavailable.

TORC is integrated with Wellman NextGen (WMNG) and can be integrated with other systems to help reduce data entry.

TORC dashboard improves management and planning of engineering and regulatory staff workload.
Dashboard shows all tasks to be done, completed, not assigned, overdue, pending, etc.
Ensures regulatory compliance through data validation, alerts, and status notices.
Compliance and audit documentation

TORC DELIVERS KEY FEATURES AND BENEFITS

This regulatory compliance software will support the energy industry throughout its entire operational life-cycle: drilling, completion, recompletions, re-purposing, suspension, and abandonment. Automate compliance tasks with our workflow solution that digitally orchestrates a series of compliance checks to verify adherence with regulator requirements.

  • Well Life Cycle Asset Management
  • Well Life Cycle Integrity Management
  • Compliance Management
  • Compliance Related Liability Management
  • Reduced Failures and Unplanned Repairs / Maintenance
  • Increased Stakeholder Value

Solution Overview

  • Organize, plan, execute, report, inspect and make informed decisions
  • Manage all critical well compliance related operations from any location
  • One common regulatory reporting solution
  • Improved incident prevention and reporting
  • Well life cycle risk / compliance management
  • Incident prevention
  • Reduce production interruptions or wells shut-in due to failures or blowouts
  • Better records and more accurate analysis leading to better decisions
  • Lower risk of fines & penalties
  • Real-time efficient reporting
All of these operational efficiencies help to bring down costs, with a more efficient and streamlined workforce making better use of the resources at hand. TORC is a cloud-based compliance software also helps to reduce costs by saving office space and storage costs; everything is digitalsly held, so there’s no need to dedicate a room to filling cabinets, or to upgrade the on-premises server on a regular basis to ensure data integrity remains intact.

Empowering you with your information

TORC
Case Study

RES - NuVista

NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. NuVista’s focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin.