Market Overview

New Partnership Empowers Greater Asset Visibility for Oil & Gas

Tampa, FloridaSilent Partner Technologies (SPT) and Oil Country Tubular Goods, LLP (OCTG), leaders in their respective fields, have partnered to offer one of a kind 'cradle to grave' RFID-based tracking solutions for the Pipe industry. The companies bring complementary and extensive experience to the venture, promising an efficient and productive collaboration. The fundamental concept is to track oilfield tubulars from the time they are "born" at a steel mill's fabricating facility until they become a part of the down-hole well bore. 
 
The solution utilizes multiple technologies, including Active RFID, Passive RFID, Barcode, and GPS technology.
 
'While there is significant value to all parties with respect to the tracking of tubulars, there is also significant room for process, safety, and efficiency improvement for the various companies that participate throughout the entire tubular manufacture, processing, sale, transport and installation process' says Ted Kostis—President of SPT. In the initial development phase, the systems will focus on tracking 'all things' within a tubular finishing or processing facility. We will be tracking Personnel, Tools, Consumable inventory, tubulars, and also providing 'safety sensors' in hazardous areas."
 
"We are extremely excited about our joint development of these RFID-based tracking systems with SPT. This undertaking has only been an "idea" until SPT began to help put real-life technology answers to the challenges of tracking tube manufacturer inventories in our finishing facility in Houston," said David Siverling, the founding partner at OCTG, LLP in Houston. "We now see and believe that these solutions will be applied from steel mill production facility all the way through the tube's installation in the well-bore in the field. This will, we are sure, become an industry standard for tracking tube inventory and even allowing manufacturers to seamlessly maintain full electronic data sets on every tube, including technical data on tube specification, processing, and quality control test results. We believe this system will become the "holy grail" in tube information collection, management, and storage in our industry."
 
Silent Partners Technologies is an independent best of breed provider of various RFID technologies and solutions—SPT's ongoing value proposition is to provide the 'right solution for the specific problem'. Clients include Hess, MITRE, BMW, Home Depot, Michelin, and Wal Mart.

OCTG, LLP, is a Houston, Texas based provider of tubular finishing services, primarily to world-class oil country tube mills and large Houston-based pipe distributors. Its high-speed threading and inspection systems – managed and operated by OCTG personnel – are available either on-site at mill locations or are provided at OCTG's 55-acre facility at 9200 Sheldon Road, in northeast Harris County, Texas. OCTG operates the only mill-speed (PMC) third-party API threading lines in the North American oil country tubular industry. Its patented ultrasonic (UTFL) and state of the art digital electromagnetic (EMI) tubing, casing, weld-line and end-area test systems are engineered to exceed the throughput and sensitivity levels required by API specifications and demanded by API tubular manufacturers and North American drilling and exploration end-users.
 
For more information about RFID Asset Management and the new venture, please visit the companies' websites.
 
Silent Partner Technologies
Ted Kostis
218 Crystal Grove Boulevard
Tampa, FL 33548
Main Office: 888.428.5301
Fax: 813.441.7700
Email: info@spt4u.com
http://www.silentpartnertech.com/.
 
 
OCTG, LLP
David Cragle, CFO/General Counsel
Bill Hudson, Director of Operations
9200 Sheldon Road
Houston, TX 77049
Phone: 281.456.9057
Email: info@octg.com%20
http://www.octg.com 

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