Oil & Gas Companies Prefer TabWare Asset Management

Greenville, SC – May 31, 2012 – AssetPoint’s TabWare CMMS / EAM (Computerized Maintenance Management System / Enterprise Asset Management) has achieved vast success in the Oil and Gas industry with an impressive list of customers.

The oil and gas industry is constantly challenged with effectively maximizing asset performance, increasing uptime, controlling costs while at the same time maintaining high environmental and safety standards. Drilling and exploration operations have additional concerns due to their need to manage movable assets and supporting inventory, further complicating equipment tracking and maintenance. AssetPoint, in partnership with our Oil & Gas Drilling and Exploration customers, continues to provide specific functionality addressing the complex asset management needs of this industry.

New customers are choosing TabWare because it is easy to learn and easy to use for the maintenance team leading to rapid user adoption and maximized wrench-time, minimized keyboard-time and improved regulatory and safety compliance, and two recent examples include Whiting Petroleum and Wyoming Refining. TabWare provides robust functionality specific to the Oil & Gas industry and its stringent regulations, and it helps exploration, drilling and refining companies maximize asset performance, increase uptime, and control costs, while facilitating regulatory compliance. TabWare was designed by maintenance professionals (whose roots were in the oil and gas industry) for maintenance professionals so it is easy to learn and easy to use, leading to rapid user adoption of the solution.

AssetPoint has been a leader in CMMS / EAM solutions for over 30 years, and TabWare, a Best-in-Class CMMS / EAM solution designed by maintenance professionals for maintenance professionals, is utilized by organizations of all sizes and in many industries, such as Oil & Gas, Discrete and Process Manufacturing, Food & Beverage, Chemicals and Mining & Metals. TabWare maximizes asset performance and improves maintenance efficiencies, resulting in reduced operating costs and higher profit margins. TabWare is easy to learn and easy to use, so organizations are able to get up and running in days. AssetPoint offers three flexible deployment options: Software as a Service (SaaS), Online (hosted) and On-site for organizations who want TabWare on their own servers. TabWare is the leading CMMS / EAM solution for organizations that want full functionality without the expense, resources and time other solutions demand. 

AssetPoint Vice President of Solutions Management, Jay Ratliff said, “TabWare offers a robust solution that captures necessary asset data, manages maintenance activities and approvals for all asset transfers, while maintaining asset visibility, detailed history including location, work orders and current status. TabWare includes detailed tracking of rig cycle time with cascading metering and a parent/child relationship of all assets to ensure required inspections and maintenance is performed based on operating days as well as calendar days. TabWare also tracks make/model variations of all tubular inventory such as drill pipe, collars, and historical maintenance activity and costs.” Jay continued, “Additionally, refineries, due to the high cost of downtime, cannot afford unplanned outages, and strive to manage planned shutdown projects with the least amount of time and cost. TabWare assists refinery operations in dealing with process safety management issues by delivering the functionality specific to the stringent regulatory requirements which refineries now face.”

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