What Is Oil and Gas Software Development ?
The Oil and Gas industry is dynamic by nature. Many factors such as pricing, government regulations, political factors affect it apart from business environment. It is important for oil and gas companies to be agile and adapt to changing circumstances. They need to streamline their operations. Oil and gas software systems can make help the oil and gas enterprises to become intelligent and agile by providing innovative Oil and Gas Software Development.
The Oil and Gas industry has three sectors and different enterprises work in these sectors -
Upstream sector - This sector comprises of exploration and production of oil and gas products
Midstream sector - Companies in this sector are involved in the transportation, storage, and wholesale marketing of crude or refined petroleum products
Downstream sector - The processes of refining crude oil, processing and purifying raw natural gas and marketing and distribution of products derived from crude oil and natural gas are included in this sector.
In some cases, processes of the midstream sector are included in the downstream sector
Why Do You Need Oil and Gas Software Development?
Oil and Gas software applications can be deployed in different operations resulting in efficient processes, consistent integration between departments and proactive risk management.
Production Planning: Demand and supply in this industry is dynamic and you will need real-time information and dynamic planning to manage production and simultaneously fulfil customer demands. Automated production planning will provide you with data and workflows to handle supply and demand efficiently.
Transportation: If you are involved in transport and delivery, you will need software to analyze which is the best mode of transportation in terms of price and time of delivery. This will be critical to the profitability of your company.
Sales and Marketing: Software systems for sales and marketing will enable to manage and track sales figures and discounts. It can manage buyer information, typical purchases, order information, discounts, and potential clients.
Risk Management: The oil and gas industry has unique challenges related to worker injuries, environmental disaster and regulatory compliance. A software solution will enable you to ensure consistent compliance with relevant regulations and standards. You can identify safety hazards and prevent and manage incidents. The software can track and report on training, licensing and certifications for the company and employees so that regulations are followed and accidents are avoided.
What Solution Do We Offer For the Oil and Gas Industry?
We offer Oil and Gas software development tailored to companies working in the different sectors. Here is an overview of our software applications and their capabilities -
Oil and Gas Production Application
We develop workflows for exploration and production processes. The application provides features to manage design and engineering processes and data. The project management module enables to manage resources, schedule and costs for exploration projects. This will provide for short-term and long-term planning. It provides oil and gas production forecasts for engineers and analysts to make critical operational decisions. It provides features for handling all types of production data including hydrocarbon accounting so that reporting and revenue collection are accurate.
Oil and Gas Transportation Application
Our Oil and Gas Software development will provide for real-time tracking of pipelines. It will allow you to visualize data and maximize capacity, manage imbalances, detect anomalies such as corrosions or leaks. It will have the facility to set up an emergency response system.
A customer portal module will allow integration with customers. Customers can place and track orders. It will provide reports on sales and orders to customers. The company can view critical information via analytics and reports on customers, revenue and pipeline data. Business users can take actions based on the insights provided here.
Oil and Gas Distribution Application
This application provides operational support for refinery scheduling, production reporting and inventory management. There is a customer management module wherein customers and orders can be managed. The application will take care or accounting and automated invoicing and revenue reporting.
Oil and Gas Risk Management Program
We build bespoke applications for regulatory risk and compliance management that will have features such as
Risk metrics management
Equipment Tracking, Monitoring and Reporting
Accident management by tracking, monitoring and reporting on worker behavior
Compliance analysis and reporting for proof of compliance
Reporting and analysis with predictive analytics and heat maps that deliver in-depth, real-time data on critical risks across your enterprise.
NCrypted can partner with you to simplify and standardize your processes so that you have the resources to facilitate innovation and improvements in your business.