Infill Thinking Lifting the O&G knowledge curve
We visited the sprawling $36mm Tenaris Midland Service Center this week. From this new Permian Basin facility, Tenaris is introducing Rig Direct™ to the US shale plays. Here Tenaris is running OCTG (casing and tubing), sucker rods, coiled tubing, and accessories in 24/7 operations.
The Midland Service Center is the physical cornerstone of a new business model, Rig Direct™, that Tenaris is introducing in the US. Just-in-time delivery of pipe to rigs, returns and repairs, and pipe tracking are several new commercial features of the strategy. Execution requires a highly capable facility with lots of space.
In this update, we provider readers with our takeaways on the yard, including an assessment of current operations and some unique features that make this yard the future of pipe distribution.
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