We started RigUp over four years ago to build the premier marketplace for oilfield services. Our product began as a mobile app for the field and has grown into the leading on-demand marketplace for the energy industry. Today, our growing team has enabled RigUp to double down on our mission of empowering the people who power the world.
We connect E&P companies and service providers through technology–helping the energy industry get to work faster and more effectively. We're grateful for the support of over 250 E&P & OFS companies, who've helped us pave the road toward a safer energy sector and American energy independence.
In 2019, we’ll continue to enhance our product offerings to meet the needs of our users–upcoming features include: mobile sourcing, certification tracking, digital invoicing, and better processes for independent contractors to find new opportunities in the industry.
Our team looks forward to delivering you our very best in 2019. In the meantime, check out these highlights from the past year at RigUp.
As an independent contractor, it’s essential to know which skills and qualities appeal to a wide range of oil and gas companies. While some companies seek specific certifications and experience, there are a few qualities that make a directional driller (DD) stand out in any pile of applications. When building your resume or interviewing for a position as a DD, highlight your excellence in the following five areas:
Grabbing an energy drink sounds good when you’re up when the sun rises to begin non-stop work. It’s quick, easy, and refreshing. But what you may not realize is the dangers that come from drinking Red Bull, Monster, Rockstar, and more.
These drinks are great for a quick burst and tasty flavor, but they’re loaded with caffeine and sugar that could cause serious problems, especially for those working at a drilling rig.
Looking for oilfield work? Learn how to RigUp.
If you're looking for oilfield work, you're definitely going to want to create a RigUp profile. The platform acts as a tool to empower experienced individuals, and distinguish them in the oilfield. Simply put, the more you put into it, the more you will get out of it. You aren't relying on someone to push your resume, or worrying about it getting lost in a stack of papers. With RigUp, the power is in your hands and the hardworking, experienced hands will succeed.
Whether they’re drillers, toolpushers or derrickmen, front-line workers in the oil and gas field – like many skilled trade workers – are unsung heroes. They spend long, arduous days away from family, often in hazardous locations. Their daily grind is always expected, seldom celebrated.
“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 drilling and completion efficiencies but that is likely limited to around 5%, on average.” - RBC
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 and to continue to build the product and sales teams.
Leave a Reply
Your email address will not be published. Required fields are marked *