Oil and Gas Archives • Wellsite Report

Posted on October 17th, 2023 Posted in Equipment | Management | Oil and Gas | Project Management

Mitigate the downsides of higher interest rates

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

Gain a competitive advantage over other service companies

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

Take job management to a higher level

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 […]

Posted on May 9th, 2023 Posted in HSE | Oil and Gas | Reporting | Safety | Service Quality

Provide a rapid response to disasters

Natural disasters such as floods, fires, tornadoes, and major storms can occur most anywhere and wreak havoc upon your company’s infrastructure and assets. That’s why you need to execute an effective rapid response that ensures continuity of operations and mitigates harm to people and property in surrounding areas. Wellsite Report helps make it happen. Prioritize […]

Posted on February 27th, 2023 Posted in HSE | Oil and Gas | Reporting | Safety | Service Quality

The easy-to-use field reporting software

Other companies tout how easy it is to use their field reporting software. But no competing product is simpler to learn — or easier to use — than Wellsite Report, which enables you to optimize your oil and gas operation. Here are four good reasons why you should make it an essential part of your […]

Posted on January 19th, 2023 Posted in HSE | Oil and Gas | Reporting | Safety | Service Quality

Reduce the Risk of Serious Incidents

Despite the greater emphasis placed on safety and mitigation procedures, serious incidents continue to plague the oil and gas industry. While major international players can absorb financial losses resulting from multiple breakdowns, structural and environmental damage, and litigation, just one incident of incorrect operation or equipment failure can put an enterprising small oil or gas […]

Posted on December 2nd, 2021 Posted in HSE | Oil and Gas | Reporting | Safety

The Importance of Securing Site Assets

Jodi Rell, who served as the 87th governor of Connecticut, said, “At the end of the day, the goals are simple: safety and security.” How very true. Yet while the goals may be simple, the means to achieve them can be complex and costly. The oil and gas industries require multiple insurances: general liability, […]

Posted on October 19th, 2021 Posted in HSE | Management | Oil and Gas | Safety

California Screaming

In a previous blog, we discussed pipeline safety and the main causes of pipeline leaks. While it did cite some statistics about spill incidents affecting U.S. waterways, the article focused more on leaks occurring at overland pipelines. Today’s focus is on offshore spills, specifically along the southern California coastline. What we know so far […]

Release Notes – 2.7.1

Big Change: Equipment to Files Our Equipment module has migrated to the brand new WSR Files Keep all the functionality of Equipment now in a more versatile module Files can be used for anything! Use it for inventory, equipment, personnel and more Keep everything organized and updated with our field associations Observation reports now […]

Posted on September 7th, 2021 Posted in HSE | Reporting | Safety | Tips and Tricks

How Wellsite Report Helps Environmental Engineers

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 […]

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