Use Cases / Compressed Natural Gas (CNG)
Compressed Natural Gas (CNG)
CNG Provider Streamlines Operations, Maximize Equipment Utilization, and Provide Precise Customer Billing
Industry
Oil & Gas – Compressed Natural Gas (CNG)
Product Category/Application
Rental & Equipment Operations
User
Operations Manager, Billing Team, Field Technicians
Objective
Optimize asset utilization, improve internal coordination to fulfill demand, bill customers accurately for CNG supplied.
Summary
A CNG provider wanted to seamlessly manage its assets, maximize utilization, and ensure precise customer billing to avoid disputes and delayed payments. With innovative development and implementation, the company was able to start utilizing Equipt’s Rental & Equipment Operations Integrated Module in a matter of weeks. With live IoT data they were able to monitor and accurately track CNG consumption, hence optimizing resource usage. Efficient fleet routing, especially with third-party tractor providers, minimizes unnecessary trips and enhances operational efficiency. The inclusion of predictive maintenance, derived from sensor data, safeguards against potential issues and minimizes service interruption. This customized module goes beyond others by utilizing data from completions programs, including stage count, to predict costs and maximize asset utilization, providing a comprehensive solution for the CNG provider.
The BD teams are able to do the following tasks:
Live IoT Data Monitoring
Enables real-time monitoring of CNG consumption, optimizing resource usage and ensuring precise billing for customers.
Efficient Fleet Routing
Manages fleet routing to minimize unnecessary trips, especially with third-party tractor providers, enhancing operational efficiency and reducing costs.
Predictive Maintenance
Utilizes sensor data for predictive maintenance, safeguarding against potential issues and ensuring uninterrupted service for customers.
Predictive Cost & Utilization
Utilizes data from completions programs, such as stage count, to predict costs and optimize asset utilization, providing a comprehensive solution for the CNG provider.
Outcome
The CNG provider achieves
Streamlined asset management and billing processes, enhancing customer satisfaction and loyalty
Improved operational efficiency through optimized resource usage and fleet routing
Enhanced reliability and service uptime through predictive maintenance measures
Cost savings and revenue optimization through predictive cost and utilization analysis
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