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Tag: Oil&Gas

Challenges of Doing a Physical Count

Is Your Inventory Control System "Rigged" For Success?   John couldn’t believe what he was hearing from his OIM. “We are going on downtime for not having WHAT?” he asked.  Apparently, his company had run out of VX Gaskets (metal gaskets for the wellhead) after the last few were used […]

Free Packaging and Sorting Checklist to Reduce Shipping Costs

Packaging Sorting Checklist Trimming the Fat from Shipping Costs During Christmas, my wife recalled the unique way her father packaged certain gifts. Each child would receive a small gift that was placed inside a box, which was placed in a larger box, which was in turn placed in a larger […]

Rig Reactivation Planning

Stop, Reactivate and Listen   The medical definition for reactivation is “to restore the ability to function or the effectiveness of.”  For hundreds of rigs in the world waiting their turn to be brought back online the question remains as to what that cost could be; depending on the age, […]

Lean Process Management

Words of Process Improvement Wisdom During times of financial stress and heightened market volatility, we often hear these words being used in efforts of reducing overhead. Words such as “Lean, efficient, cost control or reductions, and so on.” When the market pendulum swings back from a bull market, we often […]

Inventory Criticality – What Are Your Critical Spares?

Truly Critical? Figure – Example of Shaffer Style Annular Ring..Ring.. It was early Saturday morning when Joe got the call from the rig telling him the upper annular had failed a pressure test and that they would need to disassemble it to see what the problem was.  Joe quickly called […]

Free Rig Warehouse Checklist

Rig Warehouse Checklist for Managers Bobby said goodbye to his family late one night and got on a plane to a distant city.  The next morning, he woke up at 3:30 AM to meet the helicopter departure time of 7:00 AM, leaving him bleary-eyed and a bit tense. Bobby’s phone […]

What Do Materials Coordinators Do?

  What do materials coordinators do vs. what others in oil and gas think they do?   Materials Coordinator= Storekeeper, Offshore Materials Administrator, OMC, Materialsman or similar.

Free Rig Warehouse Checklist

Rig Warehouse Checklist for Managers Bobby said goodbye to his family late one night and got on a plane to a distant city.  The next morning, he woke up at 3:30 AM to meet the helicopter departure time of 7:00 AM, leaving him bleary-eyed and a bit tense. Bobby’s phone […]