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5 Reasons the Oil and Gas Industry Should Embrace FSM

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Oil and gas are two of the largest and most lucrative industries in the world. For industries that are so prestigious, you’ll be utterly shocked to learn that only 16% of oil and gas CIO’s have implemented any sort of mobile Field Service Management strategies. Despite over 55% believing it would greatly enhance their oil and gas field operations. With so many reasons for these to industry vertical giants to embrace FSM technology with open arms – we’ve picked out our top 5 FSM uses to help them get started.


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1. Real-time monitoring and reporting

The oil and gas industry faces some particular challenges that are completely unique to their field. Whether you work in the administrative office or in the field, there are specific industry demands that must be met by all parties. It is important that all employees participate in asset and equipment tracking, as well as skill set and certification tracking. Monitoring these behaviors further provides your company with a visible representation of your profitability. When your entire company is using the same systems and standard for information sharing you begin minimizing the amount of time spent going back and forth between different forms and data spreadsheets. This insures that information is matching on all devices and begins to compile multiple data sets through a cohesive all-in-one solution. Oil and gas FSM streamlines ticketing, pricing, and billing while reducing admin labor hours. Allowing operators to easily comply with specific billing requirements and Site/Lease/Well/Rig/AFE data. It also removes physical paperwork from the process and replaces it with real time reporting via custom mobile sheets. This enhanced integration can help optimize the STO (shutdowns, turnarounds, and outages) process for oil and gas companies. STO’s require a vast amount of planning and implementation on both sides of the company. A single FSM solution can positively boost your business’s productivity by nearly 12%.

 

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2. Predictive Maintenance & Reporting (PMR)

When dealing with large oil rigs, pipelines, and derricks maintenance can be one of the most costly business expenses. Oil and Gas mobile workforce software covers two key issues plaguing the Oil and Gas industry. First, you must make sure your equipment is running at maximum efficiency and optimizing profit. FSM software can alert workers when both preventative and emergency maintenance is required. Workers are provided with timely scheduling of service procedures as well as the manpower that is required for each service. Second, when implementing the proper maintenance scheduling system you can reduce emergency and reactive work by 80-90%. Many Oil and Gas companies lost millions of dollars through reactive work that could’ve been prevented. FSM will perform predictive inspections based on historical data that ensures equipment is in good condition. Detailed information on performance and energy levels can be recorded whether workers are on or off site. Companies no longer need to worry over stressful maintenance management. Maintenance inspections are now more accurate and efficient using a proper FSM solution.

 

oil and gas3. Safety Culture

As we all know employees of the oil and gas industry frequently work in high-risk environments. With the safety of field service workers being a top priority, integrating oil and gas field management applications is necessary in ensuring the well-being of your workers.  GPS tracking of employees via their smartphones/devices is one of the most effective ways to monitor their safety. Whether you are trying to locate the closest worker to fix an emergency maintenance issue or tracking workers during an evacuation, knowing your employees location is a crucial safety measure. FSM provides a heightened level of communication and connection between both workers and equipment. When you are constantly being given real time alerts on your mobile device you are able to protect your field workers from job hazards with the ability to spot incidents before they occur. Equipment can be linked up with oil and gas field management app’s giving workers the ability to have up to date safety and productivity levels. Our utility workforce management solutions consistently minimize incidents and boost daily job completion rates by more than 40%. Real-time monitoring can enable your workforce to have access to environment, health, and safety (EHS) compliance support services. You will receive reports on all field activity and notify managers immediately when an incident occurs. Maximizing safety should be the top goal for every oil and gas company.

 

oil and gas 4. Multi-Site Inventory Management (MSIM)

When equipment is in need of repair having an efficient way of keeping track of the parts and inventory is crucial to maintaining business productivity. Field workers should have access to all materials needed in order to maintain operations no matter what issue they encounter. Whether a worker is looking to track inventory or assets a software-based system is ideal for efficiently tracking your product’s life-cycle. Oil and gas field service software allows for workers to check in and out materials, keep inventory and restock notes, record costs, and track items by number or bar-code across multiple yards or wells. MSIM keeps all field workers informed on inventory and equipment status helping teams at various different locations work in-sync and know exactly the right amount of materials needed for each and every job.

 


oil and gas5. Algorithmic Routing and Scheduling (ARS)

Large oil and gas companies can have between hundreds and thousands of employees. With so many workers it’s nearly impossible to make a productive, efficient, and profitable schedule that benefits both you and them alike by using an army of dispatchers. Implementing an oil and gas field management application allows you to leave scheduling and routing to an artificial intelligence system. When using algorithmic scheduling you can schedule workers at high performance without being subject to human error. It is important to schedule field service technicians with the right skill set for the right job. Location, expertise, ability, and availability are just a few of the factors that come into play when scheduling your employees. When rigs, drills, derricks, and pipelines need to be serviced you can bet that using ARS will deliver what you need and where you need it.

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