Wellsite Report Blog
Your connection to Wellsite Report
Strategy firm Clareo and the Kellogg Innovation Network (KIN) reported on the E&P industry and its growing desire to create new digital solutions to increase production and reduce costs. Their paper, “The Oil & Gas Industry’s New Normal: Rethinking Innovation Priorities in the Age of Low Prices,” encourages the fast growth of innovation, commenting that digital solutions are one of the largest opportunities for the industry.
Sure, Goliath can pour all their money into Silicon Valley. But not everyone is a Goliath, and not everyone can turn to developers to create customized digital strategies. What’s the little guy supposed to do to stay not only in the black but still embrace digital solutions?
Companies can start with the basics: safety and management. Compared to re-designing your entire drilling system, implementing a new way to report incidents and manage projects is minimally invasive while still resulting in increased efficiency and savings. Goliath is utilizing data services, so why can’t you?
The beauty of Wellsite Report (besides its intuitive mobile app, easy-to-use incident management, and customizable forms) is its scalability. You pay based on users and the features you need. No fluff, just efficiency. Starting with a digital safety management program that puts the data into your hands and gives you simple ways to supervise incidents – oversee an entire project from beginning to end.
As Hurricane Ida made landfall on August 29, it hit Port Fourchon with 150-mph winds. According to portfourchon.com, the seaport is the base of operations for 250 companies: It’s home to the Louisiana Offshore Oil Port (LOOP), which handles 10 to 15% of the nation’s domestic oil, as well as 10 to 15% of […]
Did your inventory magically disappear? Or, perhaps the equipment that was due last week is still not in the field? Vinodkumar Raghothamarao, Director of IHS Markit EMEA states, “Oil and gas companies need to focus…on the non-hydrocarbon supply chains that handle the parts, materials and services required to run the business. The non-hydrocarbon supply chain […]
With rig counts and drilling permits on the rise, pipeline construction and expansion isn’t far behind. According to the Bureau of Transportation Statistics (BTS.gov), the mileage of natural gas pipelines has grown from 1,377,320 miles in 2000 to 1,645,101 miles in 2020, a 16% increase. Likewise, miles of oil pipelines have increased from 158,248 in […]
Questions? Contact Us at
Sales/Billing: 1-877-626-7552 EXT 0
for Sales, 1 for Billing
Tech Support: 1-877-208-6153