Wellsite Report Blog
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Posted on June 3rd, 2024 Posted in Management | Oil and Gas | Software Update
Sync Wellsite Report to Google Drive Access all your data effortlessly in a Google Drive folder of your preference, eliminating the need for manual exports. From core application data to forms and files, everything you need is readily available. Stay up-to-date with the latest insights and information, conveniently at your fingertips. Core application data […]
Posted on October 17th, 2023 Posted in Equipment | Management | Oil and Gas | Project Management
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 June 19th, 2023 Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality
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 December 2nd, 2021 Posted in HSE | Oil and Gas | Reporting | Safety
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
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 […]
Posted on October 11th, 2021 Posted in Management | Oil and Gas | Reporting | Safety | Service Quality | Software Update
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
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 […]
Posted on August 17th, 2021 Posted in Equipment | HSE | Management | Oil and Gas | Tips and Tricks
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 […]
Posted on July 20th, 2021 Posted in HSE | Management | Oil and Gas | OSHA | Safety
With rig counts and drilling permits on the rise, pipeline construction and expansion isn’t far behind. According to the Bureau of Transportation Statistics (BTS.gov), the mileage of natural gas pipelines has grown from 1,377,320 miles in 2000 to 1,645,101 miles in 2020, a 16% increase. Likewise, miles of oil pipelines have increased from 158,248 in […]
Posted on July 6th, 2021 Posted in Management | Oil and Gas | OSHA | Tips and Tricks
With the prices of oil and natural gas increasing over the past year (up $34.62 and up $1.621, respectively, per the EIA), so are the number of new well sites. The U.S. rig count has increased by 182 rigs over the last 12 months per Baker Hughes. Additionally, the Railroad Commission of Texas issued 732 […]
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