OES Oilfield Services: Pushing RFID tagging

OES Oilfield Services: Pushing RFID tagging

Houston: Offshore survey specialist OES Oilfield Services Group diversified in the nick of time so that the drop in oil prices have not had such a dramatic effect on the US firm. It’s now involved in a wide range of services from lifting inspections, RFID, audits, to special surveys.

The firm’s ceo, Dr Maitland Hyslop says the company’s major challenge is providing a quality service in a cost cutting era.

A big push for Hyslop has been in RFID tagging. In order to have compliance with the various sections of the Sarbanes Oxley Act 2002 (SOX), but particularly Section 404, publicly traded companies operating in the US and also foreign companies operating in the US for US companies, have to be able prove their balance sheets.

OES RFID tagging is used to help operator and contractor companies prove their balance sheets in compliance with SOX.

“Because of its international nature and spread of our industry, SOX does not often crop up as an imperative requirement. However, SOX compliance is up there as an issue for nearly all our clients. Whether they are USA based and owned or working for a USA company they need to comply in some way with SOX,” Hyslop says. “OES’ new products, particularly RFID and Honeywell Tracking, help save money in this critical area because they reduce the cost of knowing where assets are and prove asset existence,” he adds.

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3 Comments

  1. Ensco Representattive
    May 6, 2015 at 4:17 am

    The other thing that has been saving OES Oilfield Services money is not paying it’s employees any money, and not giving them any notice when laying them off.

  2. Ex-empoyee
    May 8, 2015 at 3:19 am

    OES pays some of its offshore workforce as little as 1600GBP per calender month, that equates to just over 4GBP per hour while offshore for a months work about 30% BELOW the legal UK minimum wage. 4 pounds per hour for working offshore? Come on!

  3. All Seeing Eye
    May 19, 2015 at 7:38 am

    Awful company. OES are as unprofessional as the oil field gets. A true cowboy outfit employing guys who have little or no qualifications in the job and paying them peanuts.

    OES and RFID tagging, what on earth is a company like Honeywell getting involved with an outfit like this lot for?