How it works

[Placeholder copy] Every unit moves through the same lifecycle, and every move is a ledger event that both sides see.

The lifecycle

  1. Refill orderedProvider orders stock to meet the minimum
  2. On handAt a yard, provider-owned
  3. AllocatedEarmarked for a well
  4. POOwnership transfers to the operator
  5. InstalledRun in the well
  6. ScrappedPulled and scrapped

Allocation can happen before or after the PO.

Each side's role

Provider

  • Maintains the parts catalogue, failure data, lead times and minimums.
  • Raises refill orders and records shipments and receipts.
  • Moves stock between yards.

Operator

  • Raises purchase orders for a well, which transfer ownership.
  • Allocates, installs and records pulled and scrapped units.
  • Sees the same stock position the provider sees.

The paper trail

Emails, PDFs, photos and approvals are attached to the order, transfer or well they belong to. One document can support several records, and both sides can search it.

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