USE CASES
Managing a complex asset base of over 50,000 pieces in the oil and gas sector created significant challenges in accurately tracking each asset’s location, condition, and availability, which in turn resulted in lost job opportunities and costly operational delays.
Equipt.ai offers an integrated SaaS platform that seamlessly combines equipment tracking, field service management, and automated certification updates into a single, intuitive solution specifically designed for oil and gas asset management.
By enhancing operational efficiency and asset utilization through a connected oil and gas equipment and field service ecosystem, the company was able to significantly boost profitability, eliminating up to 40% of revenue costs.
A leading oil and gas equipment service company headquartered in Midland, Texas, with a rapidly growing presence across multiple major oil basins in the U.S. and Canada, including Alberta and the Permian Basin. The company employs between 200 and 500 skilled professionals, including equipment managers, field technicians, reliability and maintenance managers, schedulers, and inventory control experts. Known for its tough, reliable pressure control equipment and exceptional field services, they operate one of the largest pressure control fleets in North America, managing over 50,000 assets, ranging from frac valves to missile systems and flowlines. The company is recognized for its “get it done” culture, emphasizing grit, innovation, and responsiveness to support its large, geographically dispersed customer base across the oil and gas sector.
This company specializes in lifecycle asset management for critical pressure control equipment used in complex oilfield operations. Their services include real-time tracking of asset location, condition, and availability to ensure seamless deployment and maintenance across widespread sites. They coordinate extensive field operations including rig-up/rig-down, torque and testing, repairs, and certification management. Their inventory control focuses on consumables and intercompany equipment transfers to optimize resource usage and reduce costs. By integrating advanced pressure control technologies and automated workflows, they help operators increase efficiency, reduce nonproductive time (NPT), and accelerate production timelines. Their commitment extends to deploying innovative automation solutions such as their Birdseye View system to improve operational transparency and decision-making across multiple basins.
Previously, the company struggled with inefficient manual processes, relying on spreadsheets and paper-based systems that led to errors, slow response times, and lost job opportunities. A lack of real-time visibility made it difficult to track asset status and job progress, creating operational blind spots and inefficiencies. Recognizing the need for automation and compliance, the company sought to automate workflows, improve compliance with certification requirements, and gain better control over consumables and inventory spending in oil and gas asset management.
With Equipt.ai, the company now benefits from a connected ecosystem. The platform seamlessly integrates equipment tracking, field service management, and automated certification updates, connecting all stakeholders in a single digital environment for oil and gas services. This transformation has resulted in significant operational efficiency: automated scheduling, inventory management, and real-time insights have eliminated up to 40% of revenue costs and maximized asset utilization. Today, the company enjoys enhanced visibility and control, with greater transparency, faster response times, and improved compliance, empowering their teams to deliver higher value and drive profitability.
New real-world scenarios are on the horizon, each showing how to cut costs, streamline workflows, and deliver more value.
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