Infill Thinking Lifting the O&G knowledge curve
In US onshore markets, pipe has long been approached as a cumbersome consumable by the E&P industry. Suppliers haven’t historically provided much hand holding along to go with tubes sold, and many operators have found themselves practically in the pipe business themselves.
In the conventional model, operators are invoiced when pipe is delivered to their own storage yards instead of their rigs. Then they must store the pipe in their yards, ship the pipe to rigs when needed, and incur the financial burden that comes with the inventory.
There’s a new approach though, and it’s like advil for operators. The Tenaris Rig Direct™ is being adopted rapidly by US operators. We break down the business logic, talk about how the supply chain is being re-shaped, and provide some thoughts on the future of the business in this update.
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