Audit of Oilfield Services

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Audit of Oilfield Services

Home / Audit

Audit of Oilfield Services

Home / Audit

AUDIT SERVICES

Our commitment to enhancing operational efficiency and risk mitigation within the oil and gas industry is underscored by the meticulous development of comprehensive and proven Audit programs.

Tailored for E&P Companies (and any companies having oilfield services under contract), these Audits are meticulously designed to scrutinize suppliers’ organizational and operational facets.
Regarding organizational oversight, our Audit programs delve into the leadership dynamics, relational frameworks, and the focus of local management.
Simultaneously, from an operational standpoint, we rigorously evaluate company policies, processes, adherence to regulations, compliance with standards and procedures, competencies and the efficacy of training protocols, incorporation of best practices, and alignment with manufacturer’s recommendations.
We aim to ascertain that oilfield services suppliers follow and respect these parameters and possess a profound understanding and application of the same. This approach ensures a holistic appraisal of the oilfield services supplier landscape, fostering a climate of accountability, reliability, and adherence to industry-leading benchmarks. So, the Audit process is pivotal in ensuring compliance, risk mitigation, and operational excellence of service companies in the oil and gas industry.

At CONSULTING FIRM, our meticulously crafted Audit templates are tailored to address diverse cases and situations encountered in the multifaceted realm of oil and gas operations. However, we understand the unique nature of each Client’s environment and recognize the importance of flexibility in Audit procedures. Our commitment to Client-centricity is our priority, and it exemplifies our open-minded approach to creating, adapting, and personalizing Audits following specific Client requests, encompassing their priorities, operational policies, internal standards, and regulatory frameworks.

Below are a few types of Audits ( amoung many others ) we perform :

Our commitment to enhancing operational efficiency and risk mitigation within the oil and gas industry is underscored by the meticulous development of comprehensive and proven Audit programs.

Tailored for E&P Companies (and any companies having oilfield services under contract), these Audits are meticulously designed to scrutinize suppliers’ organizational and operational facets.
Regarding organizational oversight, our Audit programs delve into the leadership dynamics, relational frameworks, and the focus of local management.
Simultaneously, from an operational standpoint, we rigorously evaluate company policies, processes, adherence to regulations, compliance with standards and procedures, competencies and the efficacy of training protocols, incorporation of best practices, and alignment with manufacturer’s recommendations.
We aim to ascertain that oilfield services suppliers follow and respect these parameters and possess a profound understanding and application of the same. This approach ensures a holistic appraisal of the oilfield services supplier landscape, fostering a climate of accountability, reliability, and adherence to industry-leading benchmarks. So, the Audit process is pivotal in ensuring compliance, risk mitigation, and operational excellence of service companies in the oil and gas industry.

At CONSULTING FIRM, our meticulously crafted Audit templates are tailored to address diverse cases and situations encountered in the multifaceted realm of oil and gas operations. However, we understand the unique nature of each Client’s environment and recognize the importance of flexibility in Audit procedures. Our commitment to Client-centricity is our priority, and it exemplifies our open-minded approach to creating, adapting, and personalizing Audits following specific Client requests, encompassing their priorities, operational policies, internal standards, and regulatory frameworks.

Below are a few types of Audits ( amoung many others ) we perform :

Qualification to be part of Customer Bidder's list

In conducting comprehensive Audits of oilfield services, our expertise extends across a multifaceted evaluation framework, ensuring alignment with the highest Health, Safety, Environment, and Quality (HSEQ) standards. We meticulously assess the documented Management System's sophistication relative to HSEQ, scrutinizing the organizational chart to discern the intricacies of the Contractor's structure.
Our analysis encompasses the maintenance domain, evaluating operational tools, units, software, and lifting equipment while delving into spare parts management, logistics organization, and certifications for nuclear sources, explosives, break-out machines, forklifts, and overhead cranes.
Furthermore, our Audit methodology systematically examines the processes to track and rectify failures, mitigating the risk of recurrence. We evaluate the comprehensiveness of training programs and the capabilities of personnel at the maintenance and operational levels. The software utilized for maintenance and operations undergoes scrutiny to ensure it aligns seamlessly with Customer demands.
Our Audit process encompasses a meticulous review of previous internal and external Audit records (if any), emphasizing compliance with HSEQ systems, quality, and local operating regulations for oil and gas operations.
Ultimately, our Audit assures stakeholders that the service company exhibits robust structures and a high level of qualification, instilling confidence in its ability to execute contracts efficiently and adhere to regulatory requirements.

CONSULTING FIRM can help you during this habilitation process!

After ITT Evaluation and Before Award (Bid's Potential Winner)

In oilfield services auditing, our specialized expertise encompasses a meticulous evaluation process that unfolds after the ITT (Invitation to Tender) assessment but precedes the awarding of bids, mainly focusing on the bid's potential winner. Our approach adheres to stringent academic standards, aligning with the intricacies of the oil and gas sector. We undertake a comprehensive assessment to ensure compliance at the tender stage, meticulously verifying the commitment of the Contractor's Management to uphold elevated Health, Safety, Environment, and Quality (HSEQ) standards throughout the contractual period.
Our technical scrutiny extends to examining the contractor's documented Management System about HSEQ and dissecting the organization chart to comprehend the articulation of the contractor's structure. We scrutinize provisions for identifying and managing risks associated with the contractor's business activities during program execution, including an in-depth analysis of personnel, tools, and units against the impending contracts. Our evaluation includes the verification of personnel identification and training, adequacy of resources, a contingency plan detailing responsible personnel, and involving top management for comprehensive commitment.
Furthermore, we delve into the intricate realm of spare parts, assessing minimum stock levels, management protocols, tracking mechanisms, and supply chains to avert operational disruptions preemptively. Our analytical approach examines existing practices and incorporates risk analysis methodologies to identify potential interferences during operations.
Ultimately, our mission is to facilitate a nuanced understanding of potential uncertainties in commencing new contracts, fostering an environment where oil and gas professionals can make informed decisions grounded in a thorough assessment of critical parameters.

CONSULTING FIRM can help you during this validation process!

After Contract signed and Before Spud of the Well

At CONSULTING FIRM, we consider the preparation phase to be the most important one. Running successful operations within the oil and gas industry requires a meticulous planning approach, and preparation is vital. Launching operational activities requires a comprehensive preparatory phase to avoid complex operational complications, minimize costs, and prevent potentially dangerous accidents.
Adequate equipment and resource management are integral parts of this preparatory phase, emphasizing the need for robust logistics, well-prepared oilfield services, appropriate quantities of tools, and qualified and experienced professionals. Insufficient preparation in these areas can lead to unplanned delays, non-productive time (NPT), and operational inefficiencies, significantly impacting project timelines and outcomes.
To avoid any nasty surprises during the operations, a full logistic review added to Drilling Well On Paper (DWOP) and Completion Work On paper (CWOP) are unavoidable potent tools to help at the preparation stage.
The oil and gas industry, known for its strict regulatory frameworks and safety standards, requires an unwavering commitment to compliance. Careful preparation involves strict adherence to security protocols, as failure to comply with regulatory compliance can result in legal consequences, financial penalties, and operational disruptions.
Risk mitigation is also a primary consideration, requiring astute preparation to identify and manage potential operational, safety, and environmental issues. At this stage, performing a Risk Analysis is something to consider to avoid problems that could happen at any stage during the operational phase. Therefore, a comprehensive risk mitigation strategy is essential to minimize the likelihood of operational incidents and any other negative impacts, in line with the industry's practices.
Contingency planning is also essential to deal with the unpredictable nature of operations. Rigorous preparation through Emergency Response Plans (ERPs) ensures rapid and effective resolution of unforeseen challenges, while the absence of such preparation can make setbacks and operational failures more likely.

CONSULTING FIRM can help you during this preparation phase!

Contract Alignment Survey and Gap Analysis

Our expertise in auditing oilfield services is grounded in meticulously examining critical operational facets during the contract term. Adhering to the principles of "IN BASE / ON-SITE," our Audit process is designed to evaluate compliance with Health, Safety, Environment, and Quality (HSEQ) standards, aligning with our Client's specific requirements and regulations.
Within personnel, our scrutiny extends beyond the surface, analyzing organizational charts to discern the intricate structure of the supplier's workforce. This includes an in-depth assessment of dedicated personnel responsible for maintenance and operations by the contractual obligations. We meticulously evaluate personnel levels, capabilities, and training to ensure seamless alignment with the contracted scope of work.
Our Audit delves into the condition and regulatory conformity of equipment and units, ensuring adherence to safety protocols, the performance of essential safety drills, and the meticulous documentation of these activities. Furthermore, we investigate the status of previous Audits (if any) and the closure status of corrective actions, providing a comprehensive picture of the service quality and potential exposure areas for all involved parties.
In scrutinizing resource compliance, we evaluate the adequacy of tools and other essential resources in line with the contractual agreement. Our Audit extends to managing spare parts, emphasizing minimum stock requirements, tracking mechanisms, and timely supply to mitigate operational disruptions.
We rigorously assess compliance with HSEQ Customer requests and operating regulations within infrastructures. Our Audit methodology incorporates a thorough examination of adherence to Health, Safety, and Environmental (HSE) standards and local operational regulations specific to oil and gas operations.
In essence, our Audit process facilitates the identification of potential uncertainties during the contract term, enabling E&P Companies to navigate their operations with heightened awareness and strategic foresight.

CONSULTING FIRM can help you during this inspection process!

After Bad Service or Failure, Support to Claim Raising

In the dynamic landscape of the oil and gas industry, our company stands at the forefront, employing a rigorous and comprehensive auditing approach tailored to address the pressing challenges encountered in the oilfield services sector following poor service delivery. Our commitment to scrutinizing service quality (SQ) delivery is unwavering, recognizing the imperative nature of maintaining high standards in an industry where precision and reliability are paramount. Our company's Audit process is an assessment and a commitment to excellence.
A cornerstone of our Audit methodology lies in the meticulous investigation of factors contributing to the deterioration of service quality. Our technical expertise extends beyond the surface, delving into the organizational structure of service providers, evaluating resource adequacy, and assessing personnel training. This includes an evaluation of resource adequacy and a meticulous assessment of personnel training to ensure compliance with contractual obligations aligned with Customer requirements. Our scrutiny encompasses service companies' adherence to policies, procedures, and processes, with a discerning eye on the robustness of risk analysis practices in place. These evaluations are conducted with a primary goal: ensuring alignment with contractual obligations and Customer requirements.
At the heart of our methodology lies a robust root cause analysis, employing established tools such as Pareto Charts, the 5 Whys, Fishbone Diagrams, Scatter Diagrams, and Failure Mode and Effects Analysis (FMEA). These tools enable us to precisely identify the origins of issues within the management system, providing a foundation for developing practical and effective corrective actions.
Our commitment extends beyond mere issue identification. We are dedicated to formulating comprehensive improvement plans that incorporate all corrective actions. These plans are meticulously designed to foster a culture of continuous improvement and mitigate the recurrence of incidents. By addressing fundamental questions concerning the nature of incidents—what happened, how and why it occurred, and what preventative measures can be instituted—our Audits offer actionable insights.

CONSULTING FIRM can help you during this analysis process!

POOR SERVICE QUALITY Audit

In the dynamic landscape of the oil and gas industry, our company stands at the forefront, employing a rigorous and comprehensive auditing approach tailored to address the pressing challenges encountered in the oilfield services sector following poor service delivery. Our commitment to scrutinizing service quality (SQ) delivery is unwavering, recognizing the imperative nature of maintaining high standards in an industry where precision and reliability are paramount. Our company's Audit process is an assessment and a commitment to excellence.
A cornerstone of our Audit methodology lies in the meticulous investigation of factors contributing to the deterioration of service quality. Our technical expertise extends beyond the surface, delving into the organizational structure of service providers, evaluating resource adequacy, and assessing personnel training. This includes an evaluation of resource adequacy and a meticulous assessment of personnel training to ensure compliance with contractual obligations aligned with Customer requirements. Our scrutiny encompasses service companies' adherence to policies, procedures, and processes, with a discerning eye on the robustness of risk analysis practices in place. These evaluations are conducted with a primary goal: ensuring alignment with contractual obligations and Customer requirements.
At the heart of our methodology lies a robust root cause analysis, employing established tools such as Pareto Charts, the 5 Whys, Fishbone Diagrams, Scatter Diagrams, and Failure Mode and Effects Analysis (FMEA). These tools enable us to precisely identify the origins of issues within the management system, providing a foundation for developing practical and effective corrective actions.
Our commitment extends beyond mere issue identification. We are dedicated to formulating comprehensive improvement plans that incorporate all corrective actions. These plans are meticulously designed to foster a culture of continuous improvement and mitigate the recurrence of incidents. By addressing fundamental questions concerning the nature of incidents—what happened, how and why it occurred, and what preventative measures can be instituted—our Audits offer the E&P Companies actionable insights.

CONSULTING FIRM can help you during this analysis process!

Failure Investigation and Non-Conformity Root Cause Analysis

Our firm specializes in conducting comprehensive Audits within the oilfield services sector, systematically analyzing incidents to enhance safety and preventive measures. Our expertise encompasses a thorough examination of various critical aspects related to oil and gas operations. This includes a meticulous review of human performance elements, such as personnel training, fatigue management, and adherence to established procedures.
Furthermore, our Audits extend to evaluating equipment integrity and functionality, emphasizing failure modes, maintenance records, and compliance with industry standards. We meticulously scrutinize emergency response procedures, assessing evacuation protocols, communication systems, and response times. Our assessments also encompass adherence to local and international regulations, ensuring compliance with industry standards and legal requirements.
In addition, our methodology involves a detailed examination of Safety Management Systems (SMS), focusing on risk assessment, hazard identification, and mitigation measures. We investigate communication protocols within the operational hierarchy, emphasizing clarity, accuracy, and timeliness of information exchange. Our Audits encompass a review of training programs and competency assessment processes, aligning them with job responsibilities.
Root cause analysis is a pivotal component of our approach, utilizing tools such as the "5 Whys" or Fault Tree Analysis to identify underlying factors contributing to incidents. We also assess incident reporting and documentation procedures to ensure accurate and timely recording of events. The performance of contractors, subcontractors, and third-party service providers is thoroughly evaluated for adherence to safety protocols and standards. Our evaluations extend to the adequacy of medical facilities, personnel, and response protocols in addressing injuries and providing immediate medical attention.
By systematically investigating these parameters, CONSULTING FIRM can glean valuable insights into the circumstances surrounding incidents, injuries, and accidents. Our approach facilitates the development of targeted safety enhancements and preventive measures, contributing to improving safety standards within the oilfield services domain.

CONSULTING FIRM can help you during this investigation process!