Project Management Archives • Wellsite Report

Posted on October 17th, 2023 Posted in Equipment | Management | Oil and Gas | Project Management

Mitigate the downsides of higher interest rates

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 August 11th, 2023 Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality

Gain a competitive advantage over other service companies

Although oil and gas producers are trying to get more out of existing wells than from drilling new ones, 2023 is on pace to be a record year for domestic oil and gas production. In this period of reduced exploration but peak output, wireline service companies and fracking service companies could greatly benefit from using […]

Posted on June 19th, 2023 Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality

Take job management to a higher level

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 July 20th, 2021 Posted in HSE | Management | Oil and Gas | OSHA | Safety

Pipeline safety news

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

Make sure wellsite developments go well

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 […]

Posted on June 8th, 2021 Posted in Management | Project Management | Software Update

Release Notes – 2.7.0

Latest addition: Managed Operators Manage your list of approved operators company-wide. Add, update or remove any time Working on a project? with Manage Operators all employees select from the pre-approved list Find Operators within WSR’s system and outside Quickly search projects by selected operator(s) Also, maintain project consistency throughout the app New Incident subcategory […]

Posted on October 7th, 2020 Posted in Management | Project Management | Software Update

Release Notes – 2.6.8

Newest in Custom Forms Mathematical Expressions Similar to Excel’s math formula options, the new field type calculates the value you’re looking for Apply them on any Forms, Equipment or within fieldsets Select any and multiple numeric value fields on the Form to use in the formula How does it work? First, get in touch with […]

Posted on June 15th, 2020 Posted in Management | Project Management | Software Update

Release Notes – 2.6.7

New Features for FormBuilder Automated Tasks In the past, in order to create a General Task, our clients would have to do so within the Task & Action Items workflow and this could not be done from the Mobile Application. With this release General Tasks can now be automatically generated from any form submission; Desktop […]

Posted on March 17th, 2020 Posted in Management | Project Management | Software Update

Release Notes – 2.6.6

New in Custom Forms Dynamic Fields and Fieldsets Forms and equipment can implement our new dynamic “repeating” feature. This allows you to add or remove selected fields as many times as needed All forms can incorporate customizable fieldsets built specific to your needs So, why use Fieldsets? Group and section-off any fields to organize your […]

Posted on August 13th, 2019 Posted in Management | Project Management | Software Update

Release Notes – 2.6.5

Improved WSR Email Alerts Have a contractor or operator who needs to be kept in the loop but not part of Wellsite Report? Send automated email alerts to people who do not use WSR Email alerts now allow for formatting including bold, italics, underline, and more Email alerts now can include the value submitted on […]

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Tag: Project Management