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Industry · OILFIELD SERVICESFunction · Operations
UC-730

Improve Rental Fleet Utilisation to increase output and recover lost value

On hire days maximised across the fishing and remedial tool fleet, serial by serial.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate tools idle in a yard while another region rents in, utilisation reported by region rather than by fleet, and capital spent on tools already owned. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.

How It Works

  • Ingests rental contracts, dispatch records and serial level movement history.
  • Builds a live on hire and location picture for every serial number.
  • Flags idle tools for redeployment and challenges purchases that duplicate stock.

What It Removes

  • Tools idle in a yard while another region rents in
  • Utilisation reported by region rather than by fleet
  • Capital spent on tools already owned
Input Data RequirementsRental agreements, dispatch and return tickets, yard scans, asset register with serial numbers
Output FormatLive on hire view by tool, idle asset redeployment list, purchase challenge alerts
“What share of the fleet earned money this month?”
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