RigER presentation at PTAC
April 2018, Calgary AB
Finding Efficiencies in Oil & Gas Equipment Rentals and Energy Service Operations Using the Power of Information Technology
The latest economic challenges in the Alberta Oil & Gas sector have increased the pressure on industry to look for efficiencies in operations management. The ripple effect on the Equipment Rentals & Energy Service sub-sector of the industry was significant, leading service providers to embrace the move from traditional whiteboard-and-paper to a Digital Oilfield operations management approach. Mostly small and medium size businesses, Oil & Gas equipment rental companies are now faced with a challenge of finding a solution that fits both their internal processes and budget.
Rig Equipment Rentals (RigER) – a Digital Oilfield Rentals Software as a ‘Solution’ (SaaS) provider – started as a project to solve a real-life problem of spending countless hours reconciling spreadsheets with rental jobs that were complicated by inconsistencies in rates, sites, locations, equipment details, etc. From that pain emerged the vision of RigER to “Connect Oilfield and Office.”
Fast-forward five years and the RigER Digital Oilfield Platform is making oilfield equipment rental operations a better experience for everyone involved – from accountants who are able to issue invoices 10 times faster with correct information about job details, to operations managers who have dashboards and reports and now can see full picture of their business, to field technicians who are no longer using paper and spreadsheets to keep track of job details but instead are equipped with a RigER Mobile Oilfield app to enter and sync operational data with the back office with a click of a button.
In the presentation delivered at PTAC Calgary on April 10 2018, the RigER team shared the insight about typical issues faced by oilfield rentals businesses and outlined the RigER solution framework demonstrating how it helped several of its customer to increase efficiencies of their daily operations, boost revenue, and grow their business 10x using RigER.
Who Should See the Presentation
Oil and Gas Equipment Rentals business reps with responsibilities that fit the following roles
- Chief Financial Officers/Controllers
- General managers
- Operations managers