Xtreme Drilling & Coil Services Succeeds with TabWare CMMS/EAM for Oil & Gas Maintenance Management

AssetPoint, a leading provider of (EAM) Enterprise Asset Management and (CMMS) Computerized Maintenance Management Software solutions, announced today that Xtreme Drilling and Coil Services has achieved success with TabWare CMMS for Oil and Gas managing critical maintenance data across their entire fleet of drilling and service rigs.

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TabWare EAM CMMS

We chose the TabWare solution because of AssetPoint’s broad experience in the Oil & Gas drilling industry, along with their demonstrated ease-of-use for rig managers and field technicians.

Greenville, SC (PRWEB) April 09, 2013

AssetPoint, a leading provider of (EAM) Enterprise Asset Management and (CMMS) Computerized Maintenance Management Software solutions, announced today that Xtreme Drilling and Coil Services has achieved success with TabWare CMMS for Oil and Gas managing critical maintenance data across their entire fleet of drilling and service rigs.

Xtreme Drilling and Coil Services is a land-based drilling and coil tubing services contractor that works with exploration and production companies in the U.S., Canada and international markets. Xtreme Drilling and Coil Services drilling rigs are among the industry's newest, and most are purpose-built for North America's unconventional shale drilling operations. With Xtreme's proprietary AC Electric Coil Rigs, their CT units provide the ability to reach farther than any competitor with their patented larger diameter coiled tubing rig design. Xtreme is currently drilling primarily in the U.S. Rocky Mountain region. Their growing fleet of CT service rigs includes several that are customized to offer the world's deepest coiled tubing service, operating in the United States and the Middle East.

In 2012 Xtreme completed an aggressive capital expansion program, dramatically growing the fleet of XDR drilling rigs and XSR coiled tubing units—nearly doubling its size in a span of 18 months. Xtreme now operates one of the youngest high specification fleets in the land drilling industry, with an average age of less than three years old. As production continues to soar in the US, the fleet expansion gives Xtreme a strong platform to capitalize upon as the company embarks on the current initiative: optimizing operations to realize the full potential of the expanded fleet. With the bold expansion of the past 18 months complete for now, the company is transitioning to focused execution. As part of Xtreme’s focus on execution, they implemented TabWare CMMS for Oil & Gas for their maintenance operations.

“We chose the TabWare solution because of AssetPoint’s broad experience in the Oil & Gas drilling industry, along with their demonstrated ease-of-use for rig managers and field technicians. This was critical -- we required something that our field personnel will adopt and use without disrupting their day-to-day operations,” said Brad Charters, Corporate Maintenance Manager at Xtreme Drilling and Coil Services. “We were impressed with the TabWare solution because it gives us the ability to track our moveable assets at all times. Now, we are able to capture maintenance history and costs, as well as manage our preventive maintenance program before any unplanned downtime occurs, increasing our number of operating days in the field, and increase our average revenue per day” said Charters.

AssetPoint Executive Vice President of Sales and Marketing, Paul Crist said, “AssetPoint is proud to be able to provide Xtreme Drilling and Coil Services with a solution that will not only streamline day-to-day operations, but will also help increase maximum operating days out in the field. The ability to manage and collect accurate and timely maintenance data will continually improve Xtreme’s performance. We look forward to working with Xtreme to continue reaching these goals and stay on the leading-edge of technological advancement in the Oil & Gas industry.”

AssetPoint (http://www.AssetPoint.com) has been a leader in CMMS/EAM solutions for over 30 years, and its TabWare CMMS solution is designed by maintenance professionals for maintenance professionals. TabWare is easy to learn, easy to use, and easy to own, so companies are able to get up and running in days, not months leading to rapid user adoption and maximized wrench-time and minimized keyboard-time. AssetPoint offers flexible deployment options including a Cloud solution (SaaS) or on-site solution for companies who want the flexibility of having TabWare on their own servers. TabWare is the leading EAM solution for companies who want robust functionality to maximize asset performance, resulting in reduced operating costs and higher profit margins.

About AssetPoint:
AssetPoint, makers of TabWare, is the leading provider of EAM solutions for companies whose success depends on the performance of their assets. For over 30 years, AssetPoint has led the market in helping customers control their maintenance costs, optimize spare parts inventory, streamline procurement and improve management, command and control.

Designed by maintenance professionals for maintenance professionals, TabWare is easy to learn, easy to use and proven over time to be the most effective product in the market. That’s why tens of thousands of users trust their critical assets to TabWare each and every day.

About Xtreme:
Xtreme Coil Drilling Corp. (“XDC” on the Toronto Stock Exchange) and its subsidiaries operate under the brand name Xtreme Drilling and Coil Services. Xtreme owns and operates a fleet of proprietary, dual-purpose deep capacity drilling rigs and coiled tubing well servicing units featuring the Company’s patented COTD® designs. Xtreme offers oil and natural gas operators outstanding performance and efficiency through leading-edge technology. For more information about the Company, please visit http://www.xtremecoil.com.


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