Rental Tools

Simple Oilfield Software
For Growing Energy Companies

ASSET FEATURES


Fixed Asset Tracking

Managing your fixed assets is one of the keys to your company’s financial and operational performance. Designed from the ground up for real world oilfield operations Drakewell doesn’t force you into a system designed specifically for accounting or targeted at other industries. Drakewell helps you track all the key details about your assets, and works with your operations workflow to ensure you can think strategically about your assets.

Asset Maintenance & Repair Tracking

Knowing the life and service hours, repairs, relines, resurfacing, and rebuilds gives you the ability to make critical decisions about the life cycle of your assets. Drakewell lets you track the repair process of your oilfield business with easy to use software, giving you the ability to make data driven decisions which will set you apart from the rest of the industry.

Asset Assembly & Disassembly Workflow

You need to see the life cycle of both your top level assets as well as every sub-asset, at any level, on an assembly. Whether it’s motors, MWDs, or other assemblies Drakewell lets you track the life cycle of each assembly from job usage, including circulating hours, disassembly, individual asset repair, and then reassembly. Because it was designed with and for Oilfield companies Drakewell doesn’t force you into workarounds just to operate your business.

INVENTORY FEATURES


Shipping & Location Tracking

If your business has ever lost an asset because of poor tracking, Drakewell can help. With a robust but easy to use shipping and location tracking system, it’s easy for your warehouse and logistics personnel to move the right assets, with out mistakes, where ever they need to go. From customers, to job sites, to repair vendors, and between warehouses, you will always know the location and status of your assets, giving you the ability to make data drive decisions about your operations.

Inventory Management

To run the full operations of your rental business, you need accurate information on more than just your major assets. With Drakewell you can track inventory on serialized and non-serialized parts, build asset assemblies, track assets through custom workflows, out to repair, and through inspections, all with easy to use, intuitive tools.

Kit & Truck Tracking

Often parts and assets, such as MWD kitsand trucks, are shipped in groups. Drakewell helps you manage the movement of parts, even when grouped together. From building and updating kits to inventory on a truck, Drakewell makes kits easy to manage.

JOB USAGE FEATURES


Downhole & On Job Usage

Tracking asset usage is one of the most critical pieces of information you need to run your operations. From circulating hours to drilling fluid, managing failure resistant rental tools means gathering accurate on job usage. Drakewell let’s you track the full history of all your assets and any sub-assets on assemblies, such as every circulating hour, every job including play, mud types, and more. This information combined with powerful visualizations and reporting help you manage your assets effectively.

Failure Reporting

Failure reporting is critical to your customers. Without good asset failure tracking, you can put your customers and their operations in jeopardy. Drakewell helps you build failure reporting directly into the workflow of your operations. Combined with job usage and the assembly process, your failure reports build themselves, allowing you to give customers nearly instant information about the history of the asset.

BILLING FEATURES


Billing

Easily track your tool usage and create billing for those tools tied to the job, the customer, and the asset. See how much revenue a tool has generated over the life of the tool and see that revenue by customer, all at the click of a button or the touch of a screen in Drakewell.

Pricing Management

Keeping track of pricing can be a nightmare. Incorrect numbers from one job to the next or even one invoice to then next can cause customers to ask hard to answer questions. Drakewell gives you the tools to manage pricing with smart and easy to use software. From default prices across your organization to pricing by customer or region, Drakewell takes away your concerns about accurate pricing. With those worries behind you, Drakewell will help your organization look at pricing strategically through powerful and easy to see data analysis and visualizations.

Rental Tool Billing

With Drakewell, it’s easy to bill for your rental tools and tag specific serial numbers to those bills. With pricing flowing directly from the Price Management features in the system, your billing will be accurate and easy to do, even on the go from a mobile phone or tablet. Bills can be tied to specific jobs and wells, helping your customer know exactly where their costs are coming from, making it easier for them to do business with you.

IMPLEMENTATION & DELIVERY

Our implementation sets us apart because we focus on understanding your business and tailoring every aspect of the process to your users.

DRAKEWELL TECHNOLOGIES

GET STARTED TODAY

Stop wasting time and money on unusable software. Call or e-mail today to find out if Drakewell is the right solution for your company.

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