Monday, February 06, 2012

Oilfield Services

The oilfield services industry is under increasing pressure to maximize the profitability of mature declining assets, replace reserves, reduce costs, accelerate cash to cash execution, and improve return on capital employed (ROCE).  AX4energy provides the oilfield service industry with tools that promote visibility over schedules, resource allocation, project success, and corporate performance. Using Microsoft Dynamics AX solutions from AX4energy, executives will know which projects can best achieve their goals by determining in advance the projects that can be properly capitalized, equipped, and staffed for success.

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AX4energy can boost the odds of project success for oilfield services organizations by using Microsoft Dynamics AX to:
  • Improve productivity by matching workers to suitable projects
  • Increase efficiency by avoiding equipment and capital conflicts
  • Flexible Rental terms with individual rental prices per item of contract assist with customer specific invoice requirements. Multiple rates also help keep your invoicing process seamless to the business.
  • Prevent assignment conflicts, which can lead to reduced profitability and project delays using resource management tools to track capital equipment and workers across an entire enterprise by utilizing the systems visibility to rental quotes by serial number
  • Evaluate projects against corporate objectives and manage portfolio investments and work status using portfolio management tools

Today’s oilfield service and equipment providers need ways to reduce costs and better manage the business. AX4Energy Rental provides streamlined operational support for your rental asset fleet.
  • Track cradle to grave asset activity, asset costing, and asset revenue for your equipment
  • Reduce capital expenditures on equipment based on detailed analysis of rental utilization, item life cycle tracking and historical demand for assets
  • Increased automation of transactions and better real life analysis of assets provides the capability to grow a rental fleet without adding staff
  • Integrated maintenance management extends the life of assets and assists with decisions to rebuild or end of life an asset
  • Track required standby/maintenance time and allocate the costs and labor to the overall cost of the asset for accurate costing

 

 

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