Wellsite Report Blog
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Posted on September 19th, 2017 - Posted in Big Data | Oil and Gas
As we’ve met more companies and gotten to know their processes, the same question comes up: Is your company utilizing analytics? The answer varies from company to company but there is a consistent pattern to all their answers. While many companies are using some kind of analytics, they’re not using the right analytics; or worse, they aren’t even collecting the proper data in order to make their analysis beneficial. As big data sweeps into the oil and gas industry, it’s clear that those companies who are slow to incorporate data and analytics into their process will be the companies who fall behind.
We’ve put together a comprehensive white paper explaining this issue and how to solve it. It’s time to ask yourself, before it’s too late, Are you ready to compete in the age of analytics?
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 August 11th, 2023
Posted in Management | Oil and Gas | Project Management | Reporting | Service Quality
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 […]
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