Pioneer Extends Tenaris Supply of OCTG & Rig Direct Services
Tenaris has received a two-year contract extension by Pioneer Natural Resources to continue supplying the oil and gas producer with OCTG and Rig
Tenaris has received a two-year contract extension by Pioneer Natural Resources to continue supplying the oil and gas producer with OCTG and Rig Direct services. The two companies are long time business partners. For over 13 years, Tenaris has supported the Permian Basin shale driller with OCTG, and Pioneer served as one of the initial Rig Direct customers. Tenaris and Pioneer executed its first Rig Direct shipment in August 2015. Under the contract extension, Tenaris is enhancing its digital integration with Pioneer through direct systems communications between both companies. The automation of purchase order generation, order acceptance and back-up documentation will optimize these administrative processes. Tenaris will also perform RunReady services with Pioneer, preparing pipes at the origin mill and delivering material to the customer’s well site, prepped and ready to be run down hole. The service improves safety, reduces costs, and improves quality with as the product requires no additional services before entering the well.
Tenaris complements its product offering with technical services, from string design and material selection to product development. Through the partnership with Pioneer and technical reviews, Tenaris collaboratively developed TenarisHydril Wedge 441, a robust, fast to install, slim line, threaded and coupled connection, designed for Pioneer’s slim hole application.
Pioneer was an early adopter of Tenaris’s direct, mill-to-rig services model, Rig Direct. The operator was also among the first oil and gas customers to use the company’s digital platform, Rig Direct Portal, the backbone of Tenaris’s digital integration. Rig Direct Portal simplifies pipe ordering, offers electronic tracking for shipments and deliveries, management of call outs and rig returns, and facilitates quick invoice execution.