Oil & Gas Product News Logo

Producers Rev up Growth and Competitiveness

In oil and gas, enterprise resource planning (ERP) systems must be implemented not in months, but in weeks.
In oil and gas, enterprise resource planning (ERP) systems must be implemented not in months, but in weeks.

Company info

10343 Sam Houston Park Dr., Ste. 210
Houston, TX
US, 77064

Website:
axonep.com

Read more

10 New England Business Center Drive
Andover, MA
US, 01810

Website:
visibility.com

Read more

In the oil and gas industry, when manufacturers require an Enterprise Resource Planning (ERP) system, they often need it implemented within a month or two – not a year or two – to minimize disruption and maximize their competitive advantage.

While many large ERP systems can take years and millions of dollars to implement, including consulting and customization costs, that does not need to be the case.

Some of the savviest players in the North American oil and gas market, in fact, are implementing robust, full ERP systems customized to their enterprise in as little as a month for just tens of thousands of dollars per location.

Fast ERP implementation

AXON Energy Products is a new company that is rapidly growing, with a total growth of over 600 percent in the first two years, acquiring 14 companies in that time and 23 companies to date. Based in North America’s two oil and gas hubs – Edmonton, Alberta and Houston, Texas – the oil and gas industry leader has expertise in drilling, downhole products, pressure systems, well intervention, as well as rig concept and design. AXON depends on a powerful yet flexible ERP system to help optimize the business processes of its acquisitions, while helping the newly acquired company integrate into AXON’s way of doing business.

“Once we acquire a company, we want to integrate it as quickly as possible into our process and culture,” says Chad Bowers, CIO of AXON Energy Products. “We can’t have companies running different, incompatible systems.”

Bowers has experience in how expensive and slow implementation can be with some of the larger ERP systems including set up, configuration, training and customization across many locations.

“My previous company’s implementation of a large ERP system took over five years, with costs exceeding $60 million after 10 years,” says Bowers.

There was no way AXON could go through a five-year implementation cycle at that level of cost and with all the disruptions to business.

Instead Bowers and a core group of AXON senior managers reviewed their requirements for an ERP system including power, flexibility, implementation speed, and total cost.

They chose a fully integrated ERP system for complex and mixed-mode product manufacturers called Visibility. net from the developer Visibility Corporation.

As an enterprise class application designed from the ground up on Microsoft .NET architecture, it supports Oracle and Microsoft SQL Server databases, and is one of a new breed of ERP products that have been designed as an Internet application.

“Visibility.net offers us full ERP functionality at less than one-sixth the cost of big, traditional ERP systems,” says Bowers, who has implemented their ERP system at over 14 locations, for hundreds of users, for about $900,000 in the last three years. “Compared to larger ERP systems, it actually has a better manufacturing suite of software that allows us to stay on top of everything from work in process and inventory turns to forecasting and cash flow management.”

Four weeks start to finish

According to Bowers, AXON’s standard process for implementing the ERP system at a new location takes just four weeks from start to finish.

This minimizes business disruption and allows managers to act on ERP data much faster than they could with larger, slower to implement systems.

Even though the ERP software is powerful enough to give AXON the data analysis and reporting it needs to optimize its business processes across its 35 locations in Canada, Europe, the U.S. and the Middle East, it is streamlined enough to avoid over-complexity.

This expedites employee training and change management.

“There’s a lot of power in the ERP system, yet it’s intuitively structured, which minimizes training time,” says

Bowers. “For instance, creating a work order takes only three screens, and receiving a product just two screens.”

Bowers also appreciates the flexibility of his ERP system. In fact, Visibility continues to support AXON even though it has access to its own back end processes of the system.

“We can write our own custom applications to interface with our ERP system,” says Bowers. “We’ve integrated our document management system with it, and will soon integrate our engineering system with it as well.”

More from Drilling & Production

Cenovus delivers strong performance through Q1 of 2019

Cenovus Energy Inc. delivered strong operating and financial performance in the first quarter of 2019, generating more than $1 billion of adjusted funds flow, $731 million of free funds flow and cash from operating activities of $436 million. The company's excellent financial results were driven by strong operating performance, a significant narrowing of light-heavy oil price differentials in early 2019 and Cenovus's low-cost structure and continued commitment to capital discipline.

Single Phase Power Solutions introduces single phase pump solutions

Single Phase Power Solutions (SPPS), the world's only manufacturer of high horsepower single phase electric motors, introduces single phase pump solutions which do not require a phase converter or Variable Frequency Drive (VFD).  The company incorporates their Belle Single-Phase Motor which uses Written-Pole technology to deliver up to 100 hp to power standard suction end centrifugal pumps, rotary gear pumps, and turbine pumps in both horizontal and vertical configurations.  

Saturn provides operational update, reports more than 1,400 bbl/day production

Saturn Oil & Gas Inc. is pleased to announce finishing successfully the drilling, completion, equip and tie-in of its nine (9) wells in Q1 2019. Saturn has achieved an average production rate in March 2019 of over 1,100 bbl/d with all twenty-nine (29) wells producing by March 25th. The Q1 2019 peak production rate was over 1,400 bbl/day. The Company forecasts its Q2 2019 production volumes will average over 950 bbl/d. 

free-paper-airplane

Get our newsletter

Learn more

Tourmaline adds reserves through 2018

Tourmaline Oil Corp. is pleased to report very strong total reserve growth, liquids reserve growth and a continued reserve value increase in the current depressed natural gas price environment.  The Company executed on the 2017-2018 plan to concentrate almost entirely on internal EP growth and has produced the best reserve metrics in the Company's 10 year history over the past two years.

Netzsch adds xLC stator adjustment to triple service life of pumps

Another component has been added to the product portfolio of the NEMO progressing cavity pump from NETZSCH: the xLC unit. This unit triples the service life of the pump, particularly when conveying difficult, abrasive media. When wear occurs in the rotor-stator system, the new xLC unit allows the performance of the pump to be re-established by adjusting the preload between the conveyor elements. 

Rockwell, Schlumberger start joint venture to create integrated automation solutions provider

Rockwell Automation, which is dedicated to industrial automation and information, and Schlumberger, a leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry,  have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.

free-magazine-subscription

Get Our Magazine

Paper or Digital delivered monthly to you

Subscribe or Renew Learn more

Deteriorating investor confidence in Canada causes cut in PSAC 2019 forecast

In its first update to the 2019 Canadian Drilling Activity Forecast, the Petroleum Services Association of Canada (PSAC) has revised the number of wells drilled (rig released) across Canada for 2019 to 5,600 wells. This represents a decrease of 1,000 wells, or 15 percent, from PSAC's original 2019 drilling Forecast released in November 2018 and reflects the deteriorating investor confidence in Canada.  

Interventek launches Revolution PowerPlus safety valve technology at Subsea Expo

Subsea oil and gas engineering firm Interventek will unveil the development of the industry's first subsea shear-and-seal safety valve powered by an integrated gas accumulator at next week's Subsea Expo show in Aberdeen, UK. This innovation builds on Interventek's existing, award-winning, Revolution valve technology by adding a gas accumulator within the valve, close to the cutting and sealing mechanism. It increases the power and speed of the valve's functionality and provides a failsafe mode triggered in the event of an emergency. 

free-paper-airplane

Get our newsletter

Learn more

Subsea Integration Alliance receives EPCIC contracts offshore Australia

Subsea Integration Alliance has announced the award of integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts. These awards, by Esso Australia Pty Ltd, represent the first integrated subsea project for Subsea Integration Alliance in Australia combining OneSubsea and Subsea 7 expertise in subsea production systems (SPS) and subsea umbilical, riser and flowline (SURF) systems.

Suncor Energy provides fourth quarter 2018 operations update

Suncor has provided an operations update for the fourth quarter of 2018, highlighting total upstream production of 831,000 barrels of oil equivalent per day (boe/d), which is a quarterly production record and represents an increase of 12% from the third quarter of 2018.  This record-breaking quarter reflects the results of the significant investment developing Fort Hills, and Suncor's ongoing operational excellence focus across its assets, particularly at the Syncrude joint venture.

CPC-Cryolab announces 5000 Series cryogenic valves

CPC-Cryolab, a CIRCOR International brand, offers the 5000 Series Cryogenic Valves, ideal for use in ultra-cold cryogenic storage tanks, transportation trailers, and vacuum jacketed and non-jacketed piping systems. The 5000 Series valves feature bellow sealed and non-bellows sealed designs, redundant packaging seals, and all stainless-steel construction, trusted the most common, most reliable LHe valves used on ISO helium containers world-wide.

Pulse Oil Corp. announces second well drilling operations completed at Queenstown Light Oil Field

Pulse Oil Corp. announces that on December 27th, 2018, drilling of Pulse's second exploration well, PUL HZ QUEENSTN 12-9-19-21 W4 ("12-9"),  reached a total measured depth, as planned, of 2957m (TVD 1389m), including 1237m of lateral section within a highly porous Mannville-aged Lithic sandstone channel. The 12-9 well was Pulse's second well successfully targeting a new 3-D seismic interpretation intended to focus on the highest porosity / permeability lithic deposits within the Mannville channel trend in the Queenstown area of Southern Alberta.

free-magazine-subscription

Get Our Magazine

Paper or Digital delivered monthly to you

Subscribe or Renew Learn more