In today’s environment, we are all looking at ways to improve efficiencies and reduce costs. Drill pipe is one of the most expensive and critical assets in a drilling program and the unplanned purchase of drill string assets costs pipe owners millions in unnecessary expenses each year. Traditional fleet management programs have proven to be taxing and ineffective, resulting in excess capital invested in drill pipe. Worn serial numbers are difficult to read and can result in misidentification of asset records that leads to costly downhole failures or unnecessary inspections and repairs.
With the use of proven radio-frequency identification (RFID) technology and proprietary software solutions, NOV’s TracID™ Lifecycle Management provides clarity, cost-savings, and confidence by eliminating the guesswork around how to best use and maintain drill stem assets.
TracID brings together offerings from our Grant Prideco, Tuboscope and M/D Totco business units to deliver a complete asset management solution. Our data-driven system lets you accurately identify, locate, evaluate, and manage your assets globally.
TracTags are installed during manufacturing or retro-fitted into existing Grant Prideco™ premium rotary-shouldered drill pipe, like our Delta™ connection. All asset information is then synced to the tag and accessible for the remaining life of the pipe via TracID’s software solutions.
TracTag RFID technology benefits
- Provides unique, scannable ID
- Withstands up to 400°F (202°C)
- Pressure rated to 22,500 PSI (1550 Bar)
- Service life greater than 10 years
- Ex Certification: Zone 1
- No impact on tool joint integrity
Tuboscope TruData™ inspection and reporting database
With the TruData™ inspection and reporting database, Tuboscope customers can effectively monitor the status of their fleet to identify problems, prevent improper care and handling, and ensure proper fit-for-purpose application of drill stem components. The TruData database offers comprehensive reporting and data management, as well as built-in connectivity with our TracTag RFID technology to provide:
- Full documentation and traceability
- Asset history
- Detailed summary reports
- Condition monitoring
- Remaining life analysis
Max Track cloud-based asset tracking integration
Our Max™ Track cloud-based asset tracking software brings asset identification, location, evaluation, and management into a single, comprehensive platform accessible from anywhere. The system automatically imports data from the TruData database and third-party inspection reporting systems for any assets using TracTag RFID technology. A simple search or scan retrieves individual asset records with last known location and status, manufacturing specifications, service history, and other information.
AutoTally automated, real-time pipe tally system
More than just a tally, the M/D Totco™ AutoTally™ real-time pipe tally system provides usage data to improve pipe management for both owners and operators. With an RFID antenna installed under the rotary table, each tagged asset is recorded as it enters and exits the well, automatically displaying usage and tally history in Max Track. Easily set usage thresholds in Max Track and receive visual threshold notifications on a rig-site display to evaluate assets before using them downhole and identify assets to shuffle into use after each trip.
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