RigER, an oilfield rental operations management software, was presented at Global Petroleum Show 2014 #GPS14. The presentation on topic 7 Ways to Boost Oilfield Rentals discusses the key aspects of successful oilfield rental business. Areas of focus will include cash flow improvement and software implementation questions. It was open discussion points on the common issues that arise with Oilfield Rentals including Key Oilfield Rentals Challenges How it can Effect Rental Business Cash Flow and Operating Cycle Accurate and Fast Invoicing Cost Reduction and Minimum Paperwork Real-time Reporting Supporting Better Decisions Michael Maltsev, RigER Product Manager, will also address the importance of customization of selected software based on specific needs.

1. © 2014 riger.ca
Confidential and Proprietary Information.
BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation
All other product or service names are the property of their respective owners
Confidential and Proprietary Information.
BelcaSoft and RigER name and logos are trademarks of Belca Soft Corporation
All other product or service names are the property of their respective owners

2. © 2014 riger.ca
• Oil and Gas Equipment
• Telecom Equipment
• Drilling and Servicing Rigs
• Mobile Trailers and Camps
• General Equipment
• Tanks and Sewage Systems
• Other….
Need Specific Installation or Service
Usage: Rigs, Camps, Wellsites
Daily Rental Rate
Locations: LSD, Downhole, Well

3. • Tracking Service Requests
• Fields Jobs Schedule and Management
• Equipment Tracking
• Retrieving Daily Paperwork from Field Technicians
• Delays in Invoicing
• Inaccurate Invoicing
• Operations Performance Analysis
© 2014 riger.ca

4. • External Factors
• Marketplace
• Competitors
• Clients
• Innovations / Products
• Internal Factors
© 2014 riger.ca

5. © 2014 riger.ca
Operator
Dispatcher
Accountant
Operations
Manager
FT
FT
FT
FT

6. • Slow Invoicing
• Paperwork Headache
• Undefined procedures
• Risk of Key Persons Quit
• Poor Reporting
• Weak Visibility
• No Scalability
Hard to Grow!
© 2014 riger.ca

7. © 2014 riger.ca
Client’s
Service
Request
Field
Service
Invoicing Client’s
Payment
Dispatch
*DSO - Days Sales Outstanding
DelayDelay
Operating Cycle (75-77 days)
Average DSO* – 60 days
10-12 Days
Financial Cycle (70-72 days)
Cash Flow
DelayDelay

8. Delays in Invoicing
• Revenue - 10M
• Average Delay – 10 Days
• Interest rate – 5%
• Losses - $ 13,700
© 2014 riger.ca
Lost of Equipment
• Rental Fleet – 500 Units
• Average Unit Cost – 6K
• Lost per year – 0,5%
• Losses - $ 15,000
Double Entries
• Overhead – $ 50,000
Total – $ 78,700
Some Examples

9. 1. Invoice Accurate and Faster
2. Organize Critical Business Data
3. Improve Fleet Management
4. Protect Assets
5. Enhance Respond Time
6. Measure Operations Performance
7. Build One Transparent System
© 2014 riger.ca

10. RigER: Next Day Invoicing
© 2014 riger.ca
Slow Invoicing
• Paper Base Systems
• MS Excel Spreadsheets
• Errors in Paperwork
• Double Entries
Combine Services
By Client
By LSD
With Specific
Customer PO
Calculate Rentals
Days Automatically
By Each Unit

11. RigER Saves Operational Data
© 2014 riger.ca
Key Personnel Quits with
Critical Business Info
• Procedures Descriptions
• Unclear Business Processes
• Lost Sensitive Business Data
• Broken Pace
CRM Saves Clients Data
Name, Phone, E-mail
of all Client contacts:
Engineers,
Rig Managers,
Superintendents
LSD code
Client
Location
Direction
Equipment Groups
Serial Numbers
Type (for prices)
Vendor

12. RigER Manages Your Fleet
© 2014 riger.ca
Inefficient Fleet Utilization
• Large Fleet Size
• Fleet Geo Allocation
• Units Mismanagement
• Low Utilization
Know Fleet Utilization
by Groups, Types, Items
Equipment by type
for price-lists and
clients discounts
Item Availability
status:
In-Stock
Deployed
Repair
Damaged
Lost
Equipment Utilization
by Groups, Types,
Serial Numbers,
Vendors

13. RigER Protects Your Assets
© 2014 riger.ca
Lost or Damage Rental Units
• Field Service Specific
• Client Long-term Relationships
• No Tracking of Equipment Moving
• Lost Field Tickets or Paperwork
Equipment
Tracking:
Purchase, Moving,
Deployment,
Damage, Repair,
Assembling Kits
Unit Reports:
Locations, Usage,
Movement History

14. RigER: Faster, Accurate, Efficient
© 2014 riger.ca
Slow Answer for Client
Request
• MS Excel Spreadsheets
• Slow Processing
• Delays and Errors
• No Actual Info Available
• Time Sensitive RFPs
Create service
request in seconds
for ongoing capture
of costs and
revenues associated
with the job
Use laptops or
tablet to access to
critical business data
Never miss a
revenue item again!

15. RigER Controls Operation Results
© 2014 riger.ca
Manual Reporting
• Time Consuming
• No Personal KPIs
• Poor Feedback
• No Objective Bonuses Base
Management
Dashboards
Configurable KPI
Dynamic Reports
Special Operations
Reports: Jobs, Mileage,
Client, Location, Area,
Field Technician,Regular Performance
Measurement Increases
Operation Efficiency by 10%

16. RigER: One Answer for Many Questions
© 2014 riger.ca
Different systems
• Paper-Base Systems
• MS Excel Spreadsheets
• MS Access
• QuickBooks
• Other Software
Double or Triple Entering
Multiple Sources of Truth
Inventory Control
and Equipment
Management
Field Service
Management
Daily Tracking
and Reporting
Performance
Analysis
Scalability
Visibility and
Transparency

17. 1. Model Blueprint
2. Configuration
3. Testing
4. Setup and Training
5. Going on-Live
6. Support
7. Future development
© 2014 riger.ca
RigER can be configured for any
number of users and combination of
customized optional components.
There are 3 versions of software:
Desktop, Cloud, and Private Cloud.
www.riger.ca

18. info@riger.ca
www.riger.ca
(403) 918-5779
© 2014 riger.ca

19. 1. Invoice Accurate and Faster
2. Organize Critical Business Data
3. Improve Fleet Management
4. Protect Assets
5. Enhance Respond Time
6. Measure Operations Performance
7. Build One Transparent System
© 2014 riger.ca
Be Prepared for
Next Level!

20. © 2014 riger.ca
info@riger.ca
(403) 918-5779