The oilfield and energy service sector plays a crucial role in powering economies worldwide. However, in recent years, the industry has faced a significant challenge – a labor shortage. The shortage of skilled workers has put immense pressure on businesses, impacting...
The construction & energy sectors are fast moving and unforgiving, staying ahead of the curve is paramount for success. As the industry undergoes continuous transformation, it is crucial to navigate the future by identifying key trends and understanding the...
How often do you hear "Let me get back to the office" or “Sorry, we can’t do that out in the field?" The saying "time is money" is an old one, yet it holds true more than ever in the hyper-efficient business world of today. Although the idea of software as a service...
Between a widespread labor shortage, ever-changing Covid-19 restrictions, and the price of oil finally rising above $80 per barrel...it seems we're still living in "unprecedented" times. As much as we're tired of hearing about the "unprecedented" times, it still rings...
We've seen it all when it comes to dispatching: Complicated whiteboards, sticky notes pinned to a wall, and text messages flying around at all hours. You name it, we've seen it. What do all of these "processes" have in common? You're losing out on revenue if you're...
Looking for a downloadable sample field ticket template? You've come to the right place. Here at Aimsio our number one priority is making service companies more efficient, and part of that is ensuring you're capturing the right data while in the field. To date, our...
Critical Need for New Pipelines Oil production in the Permian Basin has passed 4 million barrels a day, but because of pipeline constraints, it’s selling at a discount. Transport bottlenecks are also to blame for low natural gas prices, resulting in reduced production...
Upstream oil and gas companies rely on data to shed light on what can’t be seen. Details about a formation, bit location, flow, composition — producers know just how valuable this information is and what it can contribute to future projects. However, without adding...
Cash. The most basic success metric for any kind of business. Stakeholders often focus on profits to measure success, but for recession-tempered oil and gas service companies, cash flow is king. In volatile commodity markets, effective survival strategies are built...
Managing the labour force of a boom-and-bust industry is challenging by nature, but critical for maintaining profitability. Capitalizing on the opportunity of increased demand requires finding large numbers of qualified workers in a tight labour market. Shortages can...
Image courtesy of F&T Water Solutions The trade off The newest, most efficient methods of oil and gas extraction require more water than conventional drilling. Fracking for oil and shale gas, along with SAGD to recover bitumen, have allowed operators to access...
Exciting changes are happening as upstream companies make the transition from manual processes to digitization and automation. Let’s take a look at some of the most recent tech innovations as well as what’s next for the industry. Nabors Nabors RigWatchⓇNavigatorTM...
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