IFS, the global enterprise applications company, said Dec. 3 that Midland, Texas-based Endeavor Energy Resources LP has purchased IFS Applications as the new ERP system of record for its oilfield services division.
Endeavor Energy Resources is one of the top 10 oil and gas producers in the Permian Basin, and the Endeavor’s energy services division provides steady access and stable pricing to support Endeavor’s hydrocarbon exploration production operations. With over 350,000 net acres in the Midland Basin, Endeavor holds the second largest land position in the Permian sub-basin.
After a rigorous selection process, Endeavor chose IFS Applications in the Microsoft Azure cloud, according to the company press release.
Endeavor’s hydrocarbon production has increased significantly over the last 12 months and IFS Applications was chosen to streamline services in the field to enable the energy services division to deliver more value while containing operational cost. To do this, the energy services division needed to unite its various business operations—including well services, vehicle maintenance, manufacturing, facility construction, cased hole work and facility maintenance and other miscellaneous work—on a single enterprise system, running in the cloud. Endeavor’s energy services division needs to support both internal asset management as well as billable field service as it performs work for Endeavor’s hydrocarbon exploration and production operations as well as external customers.
“We selected IFS Applications because it enables us to manage our entire value chain from field ticketing and work orders on a mobile device used by the technician, to the general ledger,” Kevin Northcutt, Endeavor energy services director of operations, said. “The built-in field service ticketing automatically updates inventory records and tracks job status, so we can increase the value we deliver our internal and external customers, regardless of any underlying increase in cost or staffing. And IFS offered a clear and reliable pathway to a successful implementation.”
IFS customers in the oil and gas industry include Interwell, Rever Offshore, Technip, Maersk Drilling, Maersk Supply Service, Odfjell Drilling, Babcock Marine, Heerema Fabrication Group, Archer, APPLY, MIR VALVE, Rosenberg WorleyParsons, BW Offshore, Semco Maritime, VARD, PGS, ShawCor, Icon Engineering, Mermaid Marine and Trans-Northern Pipelines Inc.
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