What should services companies do to fix the rig & equipment rental process?

What should services companies do to fix the rig & equipment rental process?
0

With the complexities of multi-well pad drilling and sophisticated hi-spec rigs, we’ve seen big problems in tracking component inventory and availability. In some cases, runners have to bring paperwork to drillsites to finalize rental details. This is extraordinarily inefficient and creates bigger problems, like unexpected downtime and lost production.

What can services companies do to fix this problem? Real-time inventory tracking is an obvious win… but beyond buzzwords what are practical solutions you’ve seen in the field?