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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 Wellsite Report software.
Wireline and fracking service companies are looking for a better way to do reporting, especially with regard to observing service failures and tracking safety incidents. Until recently, most companies filed reports using a printed form or a digital form designed with word-processing or spreadsheet software. These printed and digital forms, however, require more work to log and suffer from a lack of intuitive workflows.
Fortunately, Wellsite Report’s cloud-based software for mobile devices features a built-in reporting system.
Our innovative software makes it easy for field workers to capture and report incident data pertaining to:
Good reporting of SQ failures can lead to better performance of crews at the wellsite. Our software can be customized to include specific failures, but most wireline and fracking failure categories are already included in its standard version. In addition, our solution facilitates easy reporting of BBS observations and near-miss incidents to help reduce worker risk.
With field workers using Wellsite Report, wireline and fracking service companies can demonstrate their solid system of reporting to clients and potential clients. Failures and safety issues are always discussed at quarterly meetings between service companies and client management teams, and it’s imperative that contractors provide them with consistent incident reporting and proof of corrective actions taken.
Wellsite Report makes it all happen. We help keep wireline and fracking service companies on the job.
Wellsite Report’s stage-based updates can also be leveraged for process-intensive work. For example, our software’s stage-based updating tracks when a wireline is used to:
Next, our software can track when a fracking service company:
The wellsite’s operator can then consider the combined efforts of both service companies to be a completed stage.
Find out more about how Wellsite Report can improve your incident reporting, corrective action response, and updates when work is stage-driven.
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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 […]
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 […]
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 […]
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