Drilling Software for Drilling Contractors

Reviewed by Andrew Skender 3 May 2023
drilling software for drilling contractors

Drilling software is essential for drilling contractors to stay competitive and keep pace with the evolving drilling industry. With this in mind, the rapid innovation in software technology means new types of drilling software are introduced to the market almost every other week.

Before diving deeper into the types of available drilling software solutions, let’s first explore what drilling software actually is.

What is Drilling Software?

Drilling software refers to a broad range of software solutions designed for all aspects of drilling. For instance, it encompasses planning, scheduling, operations, data management, and data analytics. It is a vital tool in a drilling contractor’s strategy to boost efficiency and cut costs.

The software can be hosted on-premises or in the cloud. Moreover, some software can be integrated with other systems to provide better-processed information on the entire drilling process.

In fact, many Australian drilling contractors rely on various software solutions to improve their operations.

Types of Drilling Software for Drilling Contractors

When it comes to drilling software, there are two main solutions that are particularly useful for contractors: drilling management software and daily drilling report software. Let’s take a closer look at both.

1. Drilling Management Software

Drilling management software is a digital tool that helps drilling contractors manage all aspects of their drilling workflow. Specifically, it includes planning, drilling, billing, analysis, reporting, and data capture. Both field and office teams utilise this software. Field staff capture data, which is then sent to the office team for review, approval, analysis, and billing.

As you might imagine, keeping track of everything happening in the field can be challenging for a drilling manager. Drilling management software addresses this issue by centralising and standardising all drilling and activity data in one location. This ensures managers have a real-time view of business performance.

For example, with drilling management software, you can efficiently capture drilling data, create cost summaries, analyse performance, generate reports, and share data with clients. As a result, this tool helps drilling managers set performance benchmarks across the business and make well-informed decisions to improve operations.

2. Daily Drilling Report Software

Daily Drilling Report (DDR) is a digital solution for capturing and managing drill PLOD (Progressive Log of Drilling). Because of this, it’s sometimes referred to as PLOD management software.

It involves two main steps: capturing PLOD data in the field and uploading it to a web platform. Once uploaded, managers can edit and share the data with exploration clients in PDF format. The software also includes basic reporting and analytics to help managers monitor the number of PLODs captured and metres drilled.

Furthermore, the office team reviews, manages, and shares the data with clients, removing the need to manually search through folders or transcribe information from paper to spreadsheets.

Choosing the Right Drilling Software for Your Business

Drilling contractors face many problems, and the best drilling software for them is the one that solves most of these issues. Additionally, it should assist in anticipating future challenges. By doing so, contractors can narrow their search for software and avoid unnecessary features.

On the other hand, managing multiple systems and data sources can be cumbersome and make tracking business performance difficult. To tackle this, leading Australian drilling contractors are transitioning to cloud-based software that centralises and standardises data. In turn, this ensures everyone on the team has quick and easy access to the information they need, helping them stay on the same page.

iHub Drilling Technologies

Simplify Your Drilling Projects with iHub Drilling Technologies

Get the drilling management software that streamlines your drilling projects and simplifies your life! iHub Drilling Technologies is the cloud-based solution you need to manage everything in the drilling process, including planning, management, PLOD reporting, analysis, and capturing safety forms to billing clients, all in one place.

Our easy-to-use software supports collaboration between field users and office staff, helping you stay on top of every aspect of your project. Don’t wait – try iHub Drilling Technologies today!