Oil & Gas

Time Is Money

Because time is money in the oil and gas business environment, halting operations because of inappropriate equipment allocations can potentially mean millions of dollars in idle time costs and lost revenues. Therefore, it is imperative to ensure that management of equipment movement and status is as effective and efficient as possible. Oil field theft costs millions of dollars every year and can endanger operations if a key asset is not available when needed. Equipment status needs to be constantly monitored to ensure smooth operations.

Using remote asset management solutions, oil and gas companies can tightly manage the flow of equipment to and from onshore rig sites via truck and offshore sites via marine vessels. An asset inventory or "site check" can be performed simply by reviewing all assets within a pre-defined geographic perimeter. A variety of sensors can be added to a solution to make the system even more powerful. These sensors can tell such things as whether a container door has been opened, if the temperature or pressure changes, how many engine hours have been logged on equipment and when containment vessel fill levels are reaching a critical point.

Using SkyBitz solutions, sensor data combined with locator information provides the most complete picture of assets available to the oil and gas industry, improving effectiveness and saving money in the following kinds of applications:

• Equipment Dispatch Management

  By improving crew and equipment dispatching operations, SkyBitz helps find and coordinate the movement of critical equipment and optimize equipment allocation and utilization in order to avoid down-time costs and lost revenue and reduce capital equipment expenses.

• Remote Monitoring & Control

  By centrally monitoring the status of remote equipment at far-flung onshore and offshore well sites, SkyBitz can help oil & gas companies better maintain critical operational equipment, continuously and inexpensively monitor operational metrics and reduce costs of transportation to remote sites for these purposes.

• Field Safety & Asset Security

  The location of high-value equipment can be known at all times no matter where it is, which gives you incredible protection against asset theft and misuse and rapid recovery of missing assets. Crew safety, rapid response to accidents and disaster recovery can all be improved immensely through satellite-based alerting.

Want to learn more? Call us at 1-877-2SkyBitz (1-877-275-9248) or click here  to set up a demonstration with a sales representative today.