Condition-based maintenance drives efficiency and profitability improvements ///

These are challenging times for the oil and gas industry. The drop in oil prices has reduced margins for operators, drilling contractors, equipment manufacturers and related service providers. Many have reduced staffing and operations; some have shut down altogether. However, some are seeing a silver lining. A slow market can be a good time to upgrade equipment and train employees. Global Drilling Support, or GDS International (GDS), for one, is utilizing the slowdown to develop product and process improvements.

Log in to view this article.

Not yet a subscriber?  Get started now for access to this content and more*.



Already a subscriber but don’t have an online account? Contact our customer service.



*Access will be granted the next business day.