RigUp Consulting Overview
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Transcript of RigUp Consulting Overview
98 San Jacinto, Suite #550Austin, TX 78701
Robust Insurance· Liability policy for contractors to leverage.· Internal systems and policies necessary to be compliant with any operating company.
RigUp’s Network· Utilize RigUp’s 150+ member operator network to ensure maximum possible opportunities.
Higher Margins· RigUp uses economies of scale and a lower cost of capital to reduce operating costs and increase margins.· RigUp fees 3-8%.
How it Works
Tell us a little bit about yourself. You can view and complete the initial onboarding form here. We’ll contact you shortly after.
Make more by continuing to work with your existing clients, or let us help you find new opportunities to get you working again.
Get paid on a bi-weekly basis within 3-5 days of submitting your timesheet.
With RigUp, you will now keep 92%-97% of your negotiated day/hourly rate.
1. Complete the registration form.
2. Work on your own terms.
4. Make more money.
3. Get paid immediately.
RigUp Consultant ContractingWork More. Make More.
Contractor Referral ProgramFor every contractor that you refer, you will receive $500 after their first 20 days billed.
RigUp’s Subcontracting leverages the RigUp network of
150+ E&P Companies to provide an innovative way of putting
dollars back in contractors’ pockets.
Why become a RigUp Contractor?Contracting through RigUp Operating is simple. Utilize our network to let your safety, integrity, & performance record speak for itself, regardless of your current reach or financial capacity.
©RigUp 2016 | www.rigup.com
Keeping contractors happy with more jobs and more money
American Resource Development, LLC (Ameredev) is an Austin based E&P
company focused on the Permian Basin. Ameredev has successfully leveraged
RigUp’s Subcontracting Program as a solution to help build out their oilfield crew
to work on drilling, completions and production activities, which include Mud
Engineers and Lease Operators.
Ameredev was able to get up and running with the RigUp Subcontracting
Program in next to no time, onboarding 17 new contractors in less than a week,
with each individual screened and ready to go in 24 hours.
Zach Boyd, Operations Superintendent at Ameredev provided some feedback
on his recent experience with RigUp. He explained, “It’s a very simple process
onboarding the Contract Personnel.”
Based on a company’s requirements, RigUp can perform background and
reference checks, drug and alcohol screenings and the validation of training
requirements to meet an organization’s standards.
Once complete, contractors are ready to step foot on location and get to work.
Zach added, “RigUp allows ease of operations to assign work and is prompt and
straightforward with invoicing.”
In addition to a seamless onboarding process, RigUp offers payroll
administration for its subcontractors, including an easy way to log hours online.
RigUp’s professional support team is always on-hand to assist both operators
and contractors with any industry related challenges.
– Z A C H B O Y D, O P E R A T I O N S S U P E R I N T E N D E N T
"It’s a very simple process onboarding the Contract Personnel."
Start leveraging RigUp’s subcontracting
solutions for contingent labor today.
Whether you’re an Operator looking to
build a team for your next project or an
Independent Contractor looking for more
work and more money, get in touch
with us.
Sign up as a Contractor
512-501-5452 x708
Sign up as an Operator
512-501-5452
Case StudyAmerican Resource Development, LLC
©RigUp 2016 | www.rigup.com
“The contractors have all been exceptionally pleased to be under the RigUp subcontracting umbrella. I have had very good
feedback from the field,” says Zach Boyd.
The high level of satisfaction reported by RigUp’s subcontractors directly correlates to the benefits RigUp provides. By offering the
best rates in the industry (substantially less than the standard of 15-20%), contractors take home more of their hard-earned money
and receive it on-time, every two weeks. Since signing up to the RigUp program, the independent contractors performing work for
Ameredev have realized a combined increase of more than 10% in their net earnings.
Benefits of RigUp's Subcontracting Program
©RigUp 2016 | www.rigup.com
v
Case StudyOilfield consultants earn more by subcontracting through RigUp
Oil and Gas contractors have historically been represented by consulting firms
that collect resumes and bring them to the offices of the E&P. Through RigUp,
the oilfield’s online marketplace, oilfield contractors can now complete a single
application within minutes that presents their experience to even more E&Ps.
RigUp’s operator network spans over 150+ E&P companies. These E&P’s utilize
RigUp’s bidding and procurement platform to find various oilfield services, some
of which they will subcontract through RigUp. RigUp subcontracts work to
consultants with day rate and work acceptance agreements all occurring on the
RigUp platform.
Utilizing its best in class technology and a premier insurance program, RigUp
can subcontract at rates of 5-10%, which are significantly less when compared
to the industry average (typically ranging from 15% to 25%). An independent
Mud Engineer at Parsley increased his day rate that ultimately saved him tens of
thousands of dollars.
If you’re an E&P Company interested in
hiring labor through RigUp’s marketplace,
or if you’re a Oilfield Consultant looking
for more work opportunities and better
pay, get in touch with us today.
512-501-5452
rigup.com
"I joined RigUp looking for a way to keep a bigger % of my paycheck, what I didn't expect was to also be treated like family. I truly enjoy working with them, and when anything comes up the team is always available to help without hesitation. It also helps that I'm making more money now at no additional cost to Parsley. RigUp pays me on-time, and I'm now keeping 26% more of my paycheck than my previous firm. I essentially gave myself a $30,000 raise over-night by switching to RigUp"
– L U I S G A R C I A , M U D E N G I N E E R , PA R S L E Y E N E R G Y
©RigUp 2016 | www.rigup.com
Oilfield consultants who have switched to securing work through RigUp has made an additional $140,000 in annualized earnings
given RigUp’s industry leading service fee.
The platform goes even further by supplying a compliance and labor manager tool for the E&P. RigUp’s Labor Manager provides
an automated compliance platform that allows E&Ps to successfully onboard and manage their consultants seamlessly. Each
consultant is personally screened and ready to go within a single business day. RigUp allows for real-time HSE monitoring of the
contingent labor workforce, all available at the operator’s fingertips.
©RigUp 2016 | www.rigup.com
RigUp has created a platform that allows oilfield consultants to showcase their experience in the industry directly to the E&P. That
said, RigUp has changed the dynamic between E&Ps and consultants for the better. Consultants are exposed to additional work
opportunities while E&Ps can select the best workforce for any project at hand.
If you’re an E&P interested in hiring labor through RigUp’s marketplace, or if you’re a consultant looking for more work opportunities
and better pay, get in touch with us today.
512-501-5452 | [email protected]