Wellsite Report Blog
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Posted on August 22nd, 2018 - Posted in Management | Reporting | Software Update
Managing equipment is hard. Keeping track of what needs to be done quickly becomes overwhelming. Wellsite Report knows how important it is to keep tabs on your equipment and that’s why we’ve created Equipment Module – the best way to use equipment management.
To track usage and certifications, Equipment Module was made with your unique needs in mind. Wellsite Report can now track your:
Your account manager here at Wellsite Report will help you with the initial set-up of your equipment management. Find out more or contact us now to start using Equipment Module!
Posted on October 17th, 2023
Posted in Equipment | Management | Oil and Gas | Project Management
First, the good news. Since the height of the pandemic in 2020, exploration and production companies (E&Ps) have reduced their net debt from a high of $316.74 billion to $178.66 billion at the end of 2022. According to CreditSights senior analyst Charles Johnston, most independent E&Ps refinanced and now pay less than the double-digit interest […]
Posted on August 11th, 2023
Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality
Although oil and gas producers are trying to get more out of existing wells than from drilling new ones, 2023 is on pace to be a record year for domestic oil and gas production. In this period of reduced exploration but peak output, wireline service companies and fracking service companies could greatly benefit from using […]
Posted on June 19th, 2023
Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality
Oil exploration is expensive, and not without its risks, but it can be quite lucrative for a production company when a substantial reserve is identified. However, many oil fields are in remote, hard-to-reach locations. Before upstream activities like drilling and extraction can take place, a service company is contracted to construct one or more roads […]
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