How to Prevent Heat Exhaustion in the Oilfield

If you’re working on location, day in and day out, sweating through the high summer temperatures and not getting enough water – RigUp has one question for you: What are YOU doing to stay hydrated and safe? Safety is always a number one priority when working in the field. Without knowing how to prevent dangerous situations or how to recognize symptoms, your work zone can quickly become hazardous. To avoid certain accidents, here are several tips and…

3 Reasons to Use RigUp’s Messaging Feature

RigUp is driven to be the one-stop shop for the oil and gas industry. Whether you’re a skilled professional looking for work or you’re looking to hire, we have a passion to deliver quality tools and resources for our users. Doing so requires us to be constantly re-evaluating, re-inventing, and innovating our platform, which leads us to our latest development: the in-app messaging feature. Our platformis designed to allow E&Ps and OFS companies to purchase…

Employees of RigUp – Ashley Kus, Customer Success Representative

RigUp’s mission is to empower the men & women who power the world. Fulfilling this mission would not be possible without our stellar team. Today RigUp is highlighting one of our hard working customer success team representatives, Ashley Kus. What is your role at RigUp? I’m a member of our Customer Success team. What does a typical day look like for you? Similar to the oilfield, I would say RigUp doesn’t have a typical day. It’s…

How RigUp is Silencing Skeptics with Industry-Leading, High-Efficiency Tech

Technology in oil and gas is a bit of a paradox. While the industry is often stereotyped as change-averse or traditional and slow moving, it would be misleading not to acknowledge how much has changed in recent years. New seismic mapping technologies, horizontal drilling, fracking, robotics, and even solar technologies have all vastly altered the landscape of the energy industry. The same factors that typically drive innovation — non-productive time, competition, and new capabilities in…

Certification Tracking for Oilfield Contractors

As the price of oil and rig count gradually increase, we see the demand for well qualified and low-risk labor steadily follows in sequence. However, when ramping up personnel to stay in stride with operations it is essential to ensure your company is hiring an experienced, compliant workforce. One speed bump in this process is that operators are typically restricted to hiring vendors only from their approved vendor list. But what exactly does that process…

RigUp Rides BP MS150

Last year, I took the plunge on a 150 mile bike ride when I first rode the MS150 and joined on with RigUp’s team. From the bonds we made while training to the tangible impact of our donations to the worst butt pain I have ever felt, I couldn’t have possibly asked for more. The MS150 was one of the best experiences I’ve been fortunate enough to partake in, and when team RigUp saddles up…

Managing Oilfield Service Cost Inflation in a Tight Labor Market

“Oilfield service cost inflation and access to quality crews might be a constraint for some. The challenge for E&P companies is most will budget revenues conservatively (to the strip) but the reality is costs could escalate to reflect closer to strip prices if activity levels increase more. At our $54/bbl price deck, we see 0-5% service cost inflation but at strip prices closer to 10-12% is probable. Some of these costs can be offset with…

Oilfield Consulting Firm Transparency: Payment Terms

With data from over 165 existing firms, we found that the average consulting firm pays their contractors in 27 days, with some firms taking as long as 60 days.  That is a long time to wait for payment, even if you can afford to do so.However, what is even more concerning is the fact that this duration is typically a direct indicator of how much credit risk you might be unknowingly taking.  In most cases…

Quantum Energy Partners and Global Reserve Group Lead $15.8 Million Funding to Support Next Phase of RigUp’s Growth

AUSTIN, Texas, February 5, 2018 - RigUp, the energy industry’s predominant marketplace for on-demand services and labor, has raised a $15.8 million Series B round, including follow-on participation from Founders Fund and existing investors. The company has also secured a $30mn credit facility from Silicon Valley Bank to support its growing revenue stream. RigUp intends to use the capital raised in the equity financing to strengthen its product with enhanced mobile features and streamlined payment solutions…

New Tax Benefits for Independent Contractors

By John Mark WarrenJan. 31, 2018 11:45a.m. C.S.T. Recently passed tax reform could mean more money in your pocket. The Tax Cuts and Jobs Act, passed by Congress and signed by President Trump in December, may significantly reduce the taxes paid by independent contractors, starting in 2018. Specifically, one of the provisions of the new law was to provide a 20% tax deduction to small business owners. This includes many of the independent contractors that use RigUp,…

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