On Budget, On Target: How Our Client Transformed Their Operations

Staying on budget is a top priority for resource owners, but drilling projects often encounter cost overruns due to inefficiencies, data inaccuracies, and delays.

Before adopting Krux, one of our clients faced these issues firsthand: “We were spending a lot of time manually creating and reconciling billing reports.” They explained how their drilling contractors would report hours worked, long after the fact—sometimes 10 or 20 days later—forcing them to review outdated paper shift reports, “The time taken to reconcile, combined with potential human error, created major inefficiencies”.

Krux helps prevent these unexpected costs through real-time cost reconciliation. Instead of waiting until the end of a project to spot discrepancies, Krux allows you to catch potential budgetary issues early, making quick adjustments that keep projects on track. This ensures that your project remains within budget, while also giving you a transparent, verifiable record of each activity and decision.

Once Krux was implemented, the client saw an immediate improvement in decision-making: “Now I can tell our drilling contractors, ‘We need to check this out—we're spending too much time on this project.’ We're able to [act] at the right moment to solve issues before they escalate.”

By automating key functions such as tracking drilling performance, budget monitoring, and billing reports, Krux ensures your teams stay informed and accountable in real-time.

As our client summarized: “Understanding project stats and focusing efforts on increasing drilling hours ultimately improves the daily drilling ratio, reducing the total number of days in a campaign.”

To learn more about how this client transformed their operations using Krux, download the full case study here.