|Date Published||April 27, 2017|
|Article Author||Dave O’Connor|
|Article Type||April 2017 Issue|
|Category||Articles, Oilfield HUB|
|Tags||Cost Efficiency, E&P, FCM - Field Cost Manager, Oilfield Expenses, Oilfield HUB Suite, ORM - Operations Report Manager, PVM-Preferred Vendor Manager, S&S, SCM-Supply Chain Manager, VRM - Vendor Relationship Manager|
Which vendors are left today?
All well documents are contained in one location for easy access and reference
Create a master list of all your vendors that are qualified and appropriate for the entended service
What product/services do they provide?
All vendor information is available during all phases of the operation while tracking daily costs
Visible audit of all bid winners and reasons why
How well did each service provider perform?
Should they be used again?
Who is #1, #2, #3, etc., in each service category?
Better information means better results
Oilfield HUB is designed to assist E&P companies throughout the complete lifecycle and project management of their wells. Operations are streamlined and both AFE and G&A costs efficiencies are realized through the identification and optimization of vendor relationships, organization of field projects and centralization of supply chain activities for procurement of services, supplies and rentals.