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Industry · OILFIELD SERVICESFunction · Operations
UC-713

Improve Tool Utilisation to keep the right items available

Every fishing and rental tool tracked by serial so idle stock is placed before more is bought.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate tools idle in one yard while another district rents in, utilisation counted by yard rather than by fleet, and capital spent on tools the business already owns. 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, yard scans and serial level movement history.
  • Builds a live utilisation and location picture for every serial number.
  • Flags idle tools for redeployment and challenges purchases that duplicate existing stock.

What It Removes

  • Tools idle in one yard while another district rents in
  • Utilisation counted by yard rather than by fleet
  • Capital spent on tools the business already owns
Input Data RequirementsRental agreements, dispatch and return tickets, yard scans, asset register with serial numbers
Output FormatLive utilisation view by tool, idle asset redeployment list, purchase challenge alerts
“Which tools earned nothing this quarter, and where are they?”
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