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Tag: Oil&Gas

Augmented Reality Glass

Augmented Reality: For the Oil and Gas Industry, It’s Not a Mirage

Augmented reality is defined as a technology that superimposes a computer-generated image on a user’s view of the real world, thus providing a composite view. Augmented reality, or AR, is finding a place in a variety of fields, not the least of which is in the military. Tests conducted for the military have […]

Angry man in bed with phone

Waiting, waiting….It’s been a week and still waiting and I am still waiting. The value of Value Stream Mapping

I was recently a part of a Value Stream Mapping project for a company. During my discussions with process owners, one of the main complaints was time. More specifically, time to close out certain business activities. From purchase order creation, approval for expenditures, item master/material number creation through the accounts […]

Things to Consider When Conducting Year-End Physical Counts

We’ve looked at ways to improve inventory accuracy for oil and gas projects, such as increasing transaction discipline, labeling items clearly and using the latest technology. Yet inventory control is a constant challenge. There are many parts involved, and each one is important. Tracking each part is critical to rig success. Recently, […]

Is It Time You Implemented Consignment Inventory Management ?

Effective inventory management is critical to the profitable rig operations. In many cases, consignment inventory is a practical solution to inventory challenges. Let’s look at the benefits of consignment inventory as well as some things that tend to stand in the way of exploring this option. Typical consignment inventory agreements allow […]

Mobility

Why Should an Energy Company Consider BPO for Supply Chain Functions?

In today’s environment of low commodity prices and reduced earnings, oil and gas companies need to be more innovative than ever in optimizing the efficiency of their supply chains. Unfortunately, many firms overlook the possibility of outsourcing their supply chain management. Business process outsourcing, or BPO, for supply chain functions, […]

Rig Beach

Oil and Gas ERP’s – Will One Size Fit All?

ERP Oil and Gas ERPs – Will One Size Fit All?   When the term “ERP” is used, many flavors and functionalities come to mind. Unlike an organization like The American Kennel Club, there are no “breed standards” for an Enterprise Resource Planning system. As a matter of fact, with […]

Key Logistics Trends Shaping the Oil and Gas Industry

Logistic Trends- Oil and Gas Key Logistics Trends Shaping the Oil and Gas Industry in 2017 and Beyond   After a period of low prices and slowing demand, oil and gas providers are cautious about the future. The worldwide downturn exposed decades-old weaknesses: few cared about logistics improvements as long as […]

RigServ Shipping Container

5 Questions That Saved Us Hundreds of Thousands of Dollars in Shipping Costs and Fees

Shipping Costs Shipping Container Align Business Processes and Data Analysis to Improve Value Delivery   What a day — out of the blue, my motherboard decided to quit on me. Dead. Gone. Kaput. Before taking out the hard drives to send the computer back for service, I cleaned out some […]

Has 3D Printing Been Tested In The Real World On A Rig? 

Dials and gauges aren't enough anymore! 3D Printing for Parts Replacement at Remote Sites   In the oil and gas industry, remote drilling and extraction sites present a unique set of challenges. Not only are these facilities dependent on complex pieces of machinery, but they are also difficult to service […]

Augmented Reality – The Best Way to Keep Your Rig “Online”

Dials and gauges aren't enough anymore! Augmented Reality – The Best Way to Keep Your Rig “Online” Virtually reality has been all the rage over the past few years. The reason has to do with what markets it serves. It has become very popular with gamers, for instance, as well […]