AFE Nav 2017 Update: Estimates
Discover the new enhancements made to the Estimates function in AFE Nav 2017. Keep better track of your estimates for long-term projects with enhancements to our estimates function. Costs can now be broken up by year by adding a time period to an AFE, and add additional configurable columns to organize estimate data by phase (i.e., pre-drilling, drilling, completions, etc).
This allows companies to track their spending to toward their budgets throughout the time period, rather than just the entire project. Thus budgets can be estimated for a time period or phase and then tracked to see if a project is progressing as intended, and report against that time period.