In order to mix the mud for the drilling of a well it is necessary to maintain sufficient stock levels at the rigsite. It is vital that stock levels are regularly monitoring through frequent inventory checks to ensure that stock levels meet operation requirements.

Mud product inventories as shown below shall be updated weekly by the Mud Engineer and copies forwarded to the Drilling Supervisor, Contractor Toolpusher, Operations Engineer and Mud Contractor’s office

The format of the report shall be as shown:

MUD PRODUCTS INVENTORY

Period:

WELL NAME:

RIG:

 

PRODUCT

               

Name

Size

Unit

Unit

price

Initial Stock

Amount Received

Amount Used

Amount Back loaded

Error

Final Stock

Final Amount

Cost/Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remarks:

$

                         

 

BULK MATERIAL INVENTORY

Period:

WELL NAME:

RIG:

 

PRODUCT

               

Name

Size

Unit

Unit

price

Initial Stock

Amount Received

Amount Used

Amount Back loaded

Error

Final Stock

Final Amount

Cost/Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remarks:

$

                         

Notes:

  1. If there are any discrepancies between a shipping manifest quantity and the quantity received on the rig the Drilling Supervisor and Mud Contractor’s office shall be informed.
  2. Opened drums and broken sacks shall not be included in the current stock levels.