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AI analytics for oil and gas services

An operator that went from five rigs to eleven will spend about 31 million on the service line this year and gives the company seven percent of it, because it ranked fourteenth on last year's revenue. AI analytics reads the revenue, rig activity and CRM files, and answers the basin manager: where is activity growing that we are not covering.

Ask it in your own words

These are the questions oilfield services companies ask. Each one maps to a measure our tools compute from your files. The AI model chooses the measure and explains the result; the arithmetic is done by our code, and every total is checked.

The questionThe measure behind itWhat comes back
Where is our wallet share lowest against operator activity?Operator wallet share by basinRevenue against estimated operator spend on the line, from rig count and cost per well, by basin.
Are we covering the operators whose activity is rising?Activity-weighted coverageOperators visited within cadence, weighted by current rig activity rather than last year's revenue.
Which operators use one service line where peers use four?Service lines per operatorLines per operator against the basin norm, with the gap valued.
How utilised is the rental fleet, by operator?Rental fleet utilisation by operatorDays on rent over days available by asset class and operator, with idle fleet.
Is every operator entity mapped to its parent?Operator mapping completenessRevenue under entity names not mapped to an operator, with the largest unmapped.
How are bids converting, by basin and line?Bid win rateBids won over submitted by count and value, with the large lost bids.

A conversation, with the figures

Every figure below was computed by a tool from the rows and checked before it was shown. The lines sum; the percentages match; each line opens to the rows that make it.

Where is operator activity rising that we are under-covering?

Estimated operator spend on our lines where our share is under ten percent totals $150.0m this year across 3 basins, weighted by current rig count. Permian accounts for $86.0m, 57% of it.

Permian$86.0m57% of the total
Eagle Ford$41.0m27% of the total
Bakken$23.0m15% of the total
The 3 lines sum to$150.0m0 unexplained

Which Permian operators?

3 operators account for $67.0m of the $86.0m in the Permian, 78% of it. The largest doubled its rig count in a year and appears in the ledger under four entity names, only one of which is mapped.

Caprock Energy$31.0m11 rigs, up from 5; 7% share; 4 entities, 1 mapped
Mesa Verde Resources$22.0m8 rigs; 6% share; last visit 4 months ago
Llano Petroleum$14.0mone service line; peers use four
These 3 are$67.0m78% of Permian

Who covers Caprock now?

A named account manager, this month, on activity rather than last year's rank. Sales operations maps the four entities first so the share figure is right when the conversation starts.

Sales operationsMap Caprock's four entities to the operatorThis week
Permian account managersVisit Caprock, Mesa Verde and Llano on the activity listThis month
Basin managerRank coverage by rig activity, not prior revenueWeekly
Where is our wallet share lowest against operator activity?Are we covering the operators whose activity is rising?Which operators use one service line where peers use four?How utilised is the rental fleet, by operator?

The measures behind the answers

Each measure has one formula, one source and one meaning. They are computed per account manager and basin and in total, and every one carries an identity that must hold before it is shown.

MeasureFormulaFromWhat it tells you
Operator wallet share by basinRevenue from the operator on the service line ÷ operator's estimated spend on it, from wells × cost per wellLedger; public well and rig dataOperators where you hold a tenth of the work
Activity-weighted coverageActivity of operators contacted within cadence ÷ total activity in the basinCRM; rig and permit dataWhether the reps are where the rigs are
Service lines per operatorLines with revenue ÷ lines relevant to the operator's programmeLedgerSingle-line relationships
Rental fleet utilisation by operatorDays on rent ÷ days available, by asset class and operatorRental systemIdle fleet; operators who stopped renting
Operator mapping completenessRevenue on entities mapped to a parent operator ÷ revenueLedger; operator masterWhether roll-ups can be trusted
Bid win rateBids won ÷ bids decided, by count and value, by basin and lineBid logWhere pricing or qualification loses
Price realisation against agreementInvoiced rate ÷ agreement rate, by line; discounts given in the fieldLedger; agreements fileRates conceded job by job
Operator concentrationTop five operators' share of revenue and margin, rolled upLedger; operator masterDependence on a few drilling programmes
Days sales outstanding by operatorReceivables ÷ average daily revenue, per operatorReceivables ledgerOperators financing themselves on your invoices
Job margin by basin and lineRevenue − direct job cost, per job, by basin and service lineJob costingBasins where work is won at a loss

Each measure is worked through, with the export it comes from and what to drop, in Sales KPIs for oilfield services companies.

What the AI model does, and what our tools do

The AI model chooses the measure

From your question and the measures declared for oil and gas services, the model picks the one that answers it, and the period and comparison the question implies.

Our tools do the arithmetic

Deterministic code reads the rows, computes the measure, and checks the identities below. The same question on the same data gives the same answer, every time.

The AI model explains, and cites

The AI model writes the sentence around the result, naming the account manager or account behind it. It states no figure that is not in the result, and every figure links to its rows.

The identities that must hold

MappingLedger entities = mapped to an operator + unmapped
RentalAvailable days = on rent + idle + in maintenance
BidsBids = won + lost + no award + open
JobsJob revenue and cost sum to the ledger

What it reads

The exports oilfield services companies already produce. Column names are mapped once and the mapping is reused. A file is the way in; scheduled delivery and connections to your systems come with the plan, and every source is listed here.

  • Ledger
  • Public well and rig data
  • CRM
  • Rig and permit data
  • Rental system
  • Operator master
  • Bid log
  • Agreements file
  • Receivables ledger
  • Job costing

Who owns each answer

An answer is a list with an owner and a cadence, or it is a chart nobody works.

MeasuresOwnerCadence
Activity-weighted coverageAccount managers; basin managersWeekly
Rental utilisation; bid win rateBasin managersMonthly
Wallet share; service lines; price realisationVice president of salesQuarterly
Operator mapping; concentration; days sales outstanding; job marginSales operations; financeQuarterly

Questions oilfield services companies ask about AI analytics

Where does the operator spend estimate come from?

From rig count and your own cost per well for the line, both of which you provide. The tool multiplies your figures; it does not estimate activity itself. The estimate is labelled as one, and the rig file's date is shown so the basin manager knows how current it is.

Why weight coverage by activity?

Because a coverage list ranked on last year's revenue puts a fast-growing operator fourteenth, and a visit cadence built on that rank leaves it unvisited for four months. Weighting by current rigs puts it first, which is where the account manager's time belongs.

How does it handle operator entities?

Revenue is rolled up from entity names to the operator by the mapping you keep, and revenue under unmapped names is reported as its own line with the largest names listed. Mapping is the first task, because every share figure depends on it.

What files does a service company need?

Revenue by entity, basin and line, the rig activity file, cost per well by line, the CRM visit log, and rental days by asset and operator. The bid log adds win rate. Each is a file the company already keeps for the basin review.

See it on your data

Bring a few thousand rows. The data map opens next, every column mapped once, and the first question is answered in minutes. Free, in your browser, no account.