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The AssureLens Briefing
October 2026
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From the AFE to the outturn.
Evidence your team can check.
Every well outcome makes the next well smarter, but only if the evidence behind each insight can be trusted. This issue follows that thread from cost to integrity.
In this issue
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| 01 |
Product deep dive
AFE Intelligence
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AFE Intelligence: catch cost drift while decisions can still change
Cost overruns are often discovered at close-out, when it may be too late to make a difference. Keeping track of budgets, estimate revisions and invoices across the well delivery process can make it difficult to see where costs are heading.
AFE Intelligence by AssureLens brings cost visibility across every phase of well delivery, comparing budgets and actual spending against benchmarks to improve forecasts and identify opportunities to optimise costs.
It reviews AFEs, estimate revisions and invoices, flagging variances and items that need closer attention, with people making every decision.
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AFE Intelligence workflow
From submission to close-out
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Ingest
AFE parsed from PDF, Excel or API
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Validate and predict
Line items scored, total range predicted
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Review
Analyst checks flags and evidence
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Monitor
Revisions tracked, invoices reconciled
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Close out and learn
AFE vs actual updates benchmarks
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| People decide. Agents organise the evidence; analysts approve, query or escalate every flagged item. |
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What every invoice is checked for
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Typical today |
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With AFE Intelligence |
| Cost surprises |
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Typical today ⚠︎ Overruns discovered at close-out |
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→ |
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With AFE Intelligence ✓ Drift monitoring and early overrun alerts |
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| Billing accuracy |
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Typical today ⚠︎ Manual invoice matching, quarterly audits |
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With AFE Intelligence ✓ Continuous automated reconciliation |
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| Audit trail |
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Typical today ⚠︎ Expensive, periodic third-party audits |
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With AFE Intelligence ✓ Every agent action logged; audit-ready evidence |
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| Ask it in plain English. “Which line items are overestimated on this well?” “Which wells have billing anomalies?” The planned assistant answers from the same evidence the agents use. |
Explore AFE Intelligence
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| 02 |
Launch, October 7
ExpertHub is live
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ExpertHub is live with rp² and Drillers.com
What if the energy industry’s best minds were available when you needed them most? That’s the idea behind ExpertHub, launched by SwarmLens, rp² and Drillers.com. ExpertHub connects organisations with verified energy professionals for project-based, contract and permanent engagements. As part of the AssureLens ecosystem, it also brings specialist expertise into AI workflows, helping teams review and validate AI-generated insights with real-world engineering knowledge.
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Hire by the hour, day or month
Verified specialists on demand
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Contracting, verification, payment
Handled on the platform if you prefer
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Builds on Drillers.com legacy
Industry network established in 1996
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| 03 |
Recap, Houston
Knowledge graphs for drilling
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685 documents in. About 447 engineer-approved insights out.
At Oil & Gas AI USA 2026 (October 8), Ram Pillai, Co-Founder and Solution Lead at SwarmLens, showed how historical drilling reports become verified, reusable knowledge for planning the next well.
Harish Pillai, Ram Pillai and Matt Lewis at Oil & Gas AI USA 2026, Houston.
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Case study: from drilling history to approved insight
| 20,000+ |
raw insights, each traceable to source |
| 1,400+ |
after automated de-duplication |
| ~447 |
decision-ready, each approved by a named engineer |
Time to result
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“Most AI tools are built to sound and look right. On a rig, sounding right is not enough.”
Ram Pillai, Co-Founder and Solution Lead, SwarmLens
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Read the press release
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| 04 |
Coming soon
Introducing WellLens
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Introducing WellLens, our upcoming well-integrity solution
Proving wells are safely sealed is critical for carbon storage and decommissioning in the UK North Sea. Yet, vital evidence is buried in decades of fragmented records, and critical knowledge remains in the minds of experienced engineers.
WellLens by AssureLens brings the evidence together to help operators assess well integrity, identify gaps and make informed decisions.
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£1.3bn
spent on UK well decommissioning in 2025
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1,400+
legacy wells on current UK carbon storage licences
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Sources: NSTA, UKCS Decommissioning Cost and Performance Update 2026; SPE Aberdeen, CO2 Storage 2024 (as cited in the WellLens Opportunity Overview, October 2026).
From well files to checked, linked evidence. Multi-agent AI supports engineer judgement; engineers and the operator keep all accountability.
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WellLens assurance engine
From well files to checked, linked evidence
Every step logged for audit. Engineers approve, edit or reject each finding.
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Want to help shape its development? Reach out for collaboration opportunities.
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| 05 |
Research and reading
Worth your time
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Time is the budget: our first research paper
A well can finish under its AFE and still lose time. Hari Menath and Mini Mathachan Alappatt reconcile drilling hours and well-cost variance exactly, as a bridge from the AFE to the final number. The catch: the benchmark decides how a variance splits between a generous plan and slow execution. Open access (CC BY 4.0), with reproducible scripts.
Read the preprint | LinkedIn post
Welcome to the advisory board, Gordon Duncan
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Gordon Duncan
Advisory Board, Well Integrity 45+ years of global oilfield experience
“I joined SwarmLens to turn real-time collective data into actionable, high-impact insight. SwarmLens brings order to the noise. The ability to harness real-time collective data and turn it into clear, actionable, high-impact predictive insight is easily its best feature.”
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More than 45 years of global oilfield experience in barrier standards, risk management and well interventions, now helping shape AssureLens well-integrity capabilities.
Read the announcement
From our channels
Meet us in November
We will be in Oslo, Stavanger, Aberdeen and London. Know more
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Bring one AFE. We will start there.
Provide a recent well where the cost story is still unclear. We will walk through the estimates, revisions and invoices with you in AssureLens, with your specialists in the loop.
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