AGR has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply its latest version of P1 software.

AGR’s P1 software is said to help improve the accuracy of well time and cost modeling and can be applied for all drilling and well related operations, including completions and interventions.

P1 is to be implemented on Dana Gas operated North El Arish (Block-6) concession area in Nile Delta with the first exploration well spud in Q4/2017 or Q1/2018.

Petter Mathisen, VP at AGR Software added, “Dana Gas is the latest in a number of leading E&P companies to select P1 and we look forward to working with them. Collaboration, flexibility and the generating of robust decision-making information is the key to software solutions in the oil and gas industry today, and that’s what we hope to deliver with our cloud-based version of P1 to Dana Gas.”