A major in the Oil & Gas industry in Qatar noticed they needed some hardware and inventory management upgrades. The large steam drive oil field consists of over 8,500 active rod-pumped wells. These rods are the heart of the artificial-lift system, an essential piece to the oil field. Both the pumps themselves and the entire inventory management system needed upgrades to improve output and save money.
Our MetaExpert was brought on board to implement these technical improvements as well as improve the inventory management system. VOC data was collected from the leaders at the senior and middle management levels. Our MetaExpert took the following steps:
By improving and reorganizing the pumps and inventory management system, our MetaExpert helped save $654,000 from cash-flow release and interest on working capital.
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