Table of Contents

Vol. 6, No. 1
1st Quarter 2000

e-Commerce Option Reaps Benefits During Bid Process for Purchaser and Supplier

Using WellBid’s online procurement application service, Chahta Petroleum, Inc. realized a significant time savings when requesting drilling mud services for a well north of Midland, TX. In addition to allowing convenient access to potential suppliers, the WellBid service helped Chahta in evaluating and choosing the winning quote. For Lone Star Mud, the service provided business from a new customer without the normal marketing expenses.

“I had a job I needed to put together for a well and had to get the information to my suppliers,” said Tony Sam, President of Chahta. “I’m looking for anything that will improve efficiency on the bid process.”

“The templates helped with the planning and bidding process, saving as much as 30% of my time over explaining the same service to three different vendors each time I’m specifying a new job,” explained Sam.

Doug Rogers, Executive Sales & Marketing Manager of Lone Star, explained, “We had never worked with Chahta before. I received the request through WellBid, we responded to it, and everything went well. WellBid gives us the opportunity to reach people who are unaware of Lone Star Mud. We probably wouldn’t have heard from Chahta otherwise. We not only got a sales lead, but also the pertinent information we needed to quote the job.”

Both parties felt the service streamlined the procurement process. “I particularly like the idea of a common format for requesting and receiving quotes,” Sam said. “Also, response time with the service was more than adequate. The first proposal came in the same afternoon.” 

“I think the time savings is really important. You spend 20% of your day talking to people about proposals. This is a good opportunity for an engineer to submit those proposals and get the responses pretty quickly. One of the real pluses is during development drilling, particularly if you’ve got repetition in anything from location to mud and completion services. I certainly plan to keep using the service.”

Rogers agrees: “I think it’s going to make us more efficient by taking a step out of prospecting. We’re down to the meat and potatoes when we get a request through their service.”

For more information, contact Jeff Livesay at phone 303-300-3520, e-mail: livesay@wellbid.com.

PTTC Texas Workshop Features First Online Drilling Permit Application

PTTC’s Texas region is holding a unique workshop, “Putting the Internet to Work,” at the Infomart in Dallas on May 11 in conjuction with the Texas Independent Producers and Royalty Owners Association (TIPRO).

Chairman of the Texas Railroad Commission, Michael Williams will moderate the events, while a well-known independent producer submits the first-ever online drilling permit application. Approval for the permit is expected about an hour after its electronic submission.

The workshop, which is being primarily sponsored by Aurion Technologies, will also focus on useful information from public websites. This includes emerging business applications that make use of Internet technology (such as remote monitoring of leases) and increasingly important security considerations.

Peter Shipley of Berkeley, California, one of the world’s top computer security experts, will address Internet security issues. A hacker-turned-consultant, Shipley is presently the “Chief Security Architect” for KPMG Peat Marwick. He has also done electronic security work for the U.S. Post Office, Chevron, Wells Fargo Bank, and Lawrence Berkeley National Laboratory.

For more information, contact TIPRO at 512-744-4452 or www.energyconnect.com/pttc.

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PTTC Selected as Featured Member on AssociationCentral.com

The Petroleum Technology Transfer Council was selected to be the “Featured Member” on the AssociationCentral.com website for March 13. On that day, a link to PTTC’s national website was prominently displayed on the front page of the site.

AssociationCentral.com is the world’s premier Web portal for all things association-related. It consolidates information from thousands of professional, nonprofit and special-interest organizations to create communities of like-minded people.

For further information, contact support@associationcentral.com.