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February 5, 2024

Unlocking the Cash Flow Trapped in Your Surplus Oilfield Inventory

An operating company’s supply chain is complex with oilfield inventory that includes thousands of pieces of OCTG components, wellsite equipment, and materials.  Without an intimate understanding of the oilfield supply chain and markets for disposition, monetizing surplus can be like looking for a needle in a haystack. Yet holding on to surplus oilfield inventory poses...
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The Urgency for Better Physical and Digital Oilfield Supply Chain Management

The past 3 years have been brutal to the oilfield supply chain, from the havoc caused by COVID-19 to the war in Ukraine and massive inflationary pressure that sent consumables and equipment prices through the roof. Accenture estimates that these disruptions placed more than 20% of the energy sector’s CapEx growth plans at risk and...
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