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Tag: oil and gas data management
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A success story in streamlining asset inspections and auditing processes
Ben Franklin was really onto something when he said, “An ounce of prevention is worth a pound of cure.” This statement is highly applicable when it comes to asset management. Undertaking regular asset inspections and audits ensures equipment is running as it should. Failure to do so comes at too great of a cost to…
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TrueContext fuels efforts to improve turnarounds and shutdowns
Many oil and gas companies share the goal to improve turnarounds (TAR) and shutdowns. These are complex undertakings with numerous moving parts that they must coordinate. With an abundance of complex repairs and mechanical adjustments that must be done precisely, safely, and across thousands of lines, these initiatives often rely upon the work of thousands…
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Field service productivity apps keep costs tight and revenue high
Feeling the sting of falling prices pre-Covid and the subsequent degradation of demand, thanks to fewer planes in the air and fewer vehicles on the road, gas and oilfield services are reeling. International behemoth Schlumberger cut roughly 21,000 jobs in July with reported second-quarter losses of $3.4 billion. Between March and August 2020, the oil…
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Eight steps to begin transitioning to a paperless rig
Investing in technology for a paperless rig – transitioning from paper-based to digital data collection – is a hot topic among oil and gas companies. And it makes sense. Transitioning from paper-based to mobile collection of environmental, health & safety (EHS) data has helped businesses improve productivity, quality of service, risk mitigation and compliance. Transitioning…