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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 is very critical to deliver…equipment and services. Procurement and supply chain strategies are set to be in the forefront of critical issues plaguing oil and gas companies.”
We’ve all heard the saying, “Time is money.” Well, so is inventory. A well-managed supply chain will:
At a minimum, an oil rig will employ 50 workers and at least double that number for an off-shore rig. That’s a lot of people to manage. Now, consider all the inventory on the move (i.e., vehicles or units and all other equipment and materials) — inventory required for those workers to do their jobs. While there’s actually nothing magical about it, you may feel as if you need to be a wizard to keep track of it all.
You need to track:
Off-the-shelf solutions are rarely a good fit for any operation. Fortunately, we have a few tricks up our sleeve. Have unique equipment you need to track? We can customize that. Wish email notifications could be automated? We can make that happen, too — and more.
At Wellsite Report, we can customize:
Contact Wellsite Report today to make your inventory problems disappear.
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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, […]
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 […]
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 […]
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