Posted April 18, 2016
Did you know you can create a qualified vendor depth chart using the PVM service in Oilfield HUB? The oil and gas industry is heavily reliant on contractors and service companies to complete the vast majority of field project work yet most companies don’t have readily accessible vendor depth charts....Posted April 18, 2016
Did you know you can control your field project costs in Oilfield HUB? In a recent report by Ernst and Young most oil and gas projects exceed initial AFE budgets by 59% and in an industry survey by Alix Partners only 19% of respondents stated their projects finished on budget. ...Posted March 16, 2016
Did you know you can manage your daily field reporting in Oilfield HUB? For many Producers and EPCs transitioning away from using spreadsheets for daily field reporting has been hindered by significant 3rd party software costs, potentially leading to unnecessary project delays and unbudgeted cost overruns. Oilfield HUB now offers...Posted March 16, 2016
Did you know you can issue all your bid requests through Oilfield HUB? It is common practice for Producers and EPCs to issue 3 to 5 bid requests by phone or email for each major service type when selecting vendors for their upstream and midstream projects. Oilfield HUB enables buyers...Posted March 16, 2016
Did you know you can create multiple vendor lists in Oilfield HUB? Many Producers and EPCs are searching for a better way to organize and control their qualified vendors versus managing these lists in separate spreadsheets or via contacts in multiple Outlook accounts. Oilfield HUB offers the flexibility to work...Posted January 28, 2016
Did you know you can customize your vendor ratings in Oilfield HUB? Producers and EPCs who are using the Preferred Vendor Manager feature to better manage their Vendor Lists in Oilfield HUB are able to customize their own preferred vendor rating definitions. Five rating levels are provided to document and...Posted January 28, 2016
Did you know you can organize and rank your vendors by product type using the PVM service in Oilfield HUB? In addition to your regular Vendor lists in Oilfield HUB, Producers and EPCs can create multiple GoTo Vendor lists by specific product offerings for any number of service, supply and...Posted July 23, 2015
Holy Batman! As a Producer or EPC you are constantly tasked with providing daily drilling and other project reporting to let all constituents, including the Alberta Energy Regulator (AER) folks, know what’s happening out in the field on each of your leases…right? You have to make sure the Authority…
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Posted November 18, 2014
In my last Blog post I wrote about how our Operators (Exploration and Production) and EPC/EPCM (Engineering, Procurement, Construction, and Management) clients are using Oilfield HUB to manage their preferred vendors and organize their preferred vendor lists. Using building a new home as an analogy, this is like forming and pouring…
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Posted November 16, 2014
In 1992, the US Olympic Team featured something that had never been done previously. Not only did they send the best athletes available from their country to compete against the rest of the world, but for the first time the basketball team was comprised of professionals. It was known as…
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