Instead, the FuelFilter assessment examines all expenses, including fuel contracts, invoicing, goods, index, freight, ancillary charges, margin, taxes and fees, and field tickets confirming actual gasoline delivery.
FREMONT, CA: Stonebridge Consulting, an operations optimization consultancy dedicated to the energy industry, has declared that it's putting its money where its mouth is when it comes to saving oil & gas operators’ money. FuelFilter, a comprehensive diesel fuel spend evaluation program, is being launched by the company. The evaluation is designed to save operator money on diesel fuel, including a performance-based contingency charge paid to Stonebridge, or it is free.
"In the same way that a fuel filter screens unwanted contaminants from reaching your car's engine, the FuelFilter program is designed to identify and eliminate hidden costs which unnecessarily raise an operator's diesel fuel spend and negatively impact enterprise performance," stated Adam Hutchinson, President of Stonebridge. "On average, we're finding up to 10% savings on annual fuel spends. For companies who spend millions on diesel annually, the savings can be substantial."
Instead, the FuelFilter assessment examines all expenses, including fuel contracts, invoicing, goods, index, freight, ancillary charges, margin, taxes and fees, and field tickets confirming actual gasoline delivery. As a result of the study, Stonebridge's energy operations experts are able to identify important cost and risk contributors ranging from supply security to safety and from operational performance to Environmental, Social, and Governance (ESG) compliance. Furthermore, the FuelFilter program exposes any and all cost-cutting potential.