Pezhvak Energy Engineering Services Co., through the development of PRIMA, an intelligent assistant for drilling project management, has successfully earned the “Innovative Knowledge-Based Company” certification—marking a significant achievement in the development of homegrown technologies and the application of artificial intelligence in the management and execution of drilling projects.
PRIMA, short for Project Real-Time Intelligent Management Assistant, is an integrated AI-powered platform that transforms technical, operational, financial, and infrastructure data from drilling projects into actionable insights for engineering and management decision-making. The platform has been developed to reduce costs and non-productive time (NPT), improve drilling efficiency, and enhance operational sustainability.
PRIMA covers three key areas of drilling project management through specialized modules:
- Cost Control and Contract Management: Supports cost monitoring and contract management across drilling projects.
- Drilling Operations Analysis and Optimization: Analyzes technical and operational data to improve drilling performance.
- Risk Analysis and Management: Supports risk assessment and informed decision-making in the face of project uncertainties.
The platform has been developed over the past year by Pezhvak Energy’s specialists. Its modular architecture enables deployment within an organization’s internal network and the processing of a wide range of technical and management data. By combining engineering analysis, data-driven algorithms, and controlled and traceable artificial intelligence, PRIMA serves as a specialized tool for problem analysis, decision support, and the optimization of drilling project management and operations—going well beyond conventional data recording and the presentation of KPIs through management dashboards.
Achieving Innovative Knowledge-Based Company status represents another step in implementing Pezhvak Energy’s strategy of integrating operational experience with engineering expertise and digital technologies. The development of PRIMA follows the same path, with a focus on transforming project data into more accurate decisions and strengthening the company’s capabilities in managing and executing complex drilling projects.