Streamlined Chemical Inventory Management and Ordering Process for a Leading E&P Company in Texas

Our client is a well-known Texas-based exploration and production (E&P) company that specializes in identifying, acquiring, and developing high-potential upstream oil and gas assets. With a strong commitment to data-driven decision-making, the company constantly refines its strategies through comprehensive data analysis. 

Our client was seeking an application capable of capturing and analyzing the necessary data, mapping inspection routes, monitoring tank levels, and ordering processes from suppliers. Their primary objective was to gain greater control over their chemical inventory and ordering processes, as they heavily relied on a chemical supplier for inspections and information on fuel and chemical levels. By insourcing tank-level inspections and taking charge of the chemical ordering workflow, our client aimed to achieve higher accuracy in inventory management and cost control.

Our client had several key requirements from the field service management software for managing their chemical inventory workflow, including:

• Insourcing tank levels inspections and taking over the ordering of chemicals from suppliers
• Gaining more accurate control over the required chemical inventory and associated costs by insourcing tank-level inspections and the chemical ordering process
• Obtaining more accurate data for forecasting volumes and costs by gaining control of the chemical ordering process
• Utilizing company resources to inspect tank levels, preventing over-purchasing of inventory, and reducing the number of deliveries required
• Managing the entire workflow, including mapping inspection routes for field personnel, capturing tank levels by chemicals, and placing orders with the supplier.