Oil and Gas Software
Tips & Advice to help you make your decision on Oil and Gas Software
Every industry has its own set of needs and the gas and oil industry is no exception. Having the right type of tools available can make a huge difference in the efficiency of the office and all other aspects of your operations. The use software programs are a good way to update your systems and ensure you and your team is operating at your most effective. There are several oil and gas software programs on the market, each one designed to provide for all of your company's business internal business needs. Choosing the right company and software system to work with can make a tremendous impact on your bottom line.
There are certain criteria you should expect from good oil and gas software. For example, not only should the program have office functions to assist you, it should also have inventory and drilling operations functions as well. You can also expect the software program to support your accounts payable and receivable, payroll system, and financial reporting needs too. Revenue distribution, human resource benefits, tax calculations, and allocations can also be controlled and monitored from one easy to use interface system. When you purchase your package, most software companies also provide training and technical support.
You will find more information from the resources listed on the left side of the page.
Oil and Gas Software Key Terms
Get to know the terminology of oil and gas softwareBy Kathryn Keep Understanding oil and gas software key terms is crucial for success in the petroleum and natural gas industries. Reservoir engineers and other professionals rely on oil and gas software for dynamic modeling of possible well sites. Many different software applications are useful to the oil and natural gas industries. Well log software is useful for subsurface applications. Petrophysical software helps oil companies manage the vast amounts of data they produce before, during, and after drilling. Seismic interpretation done with such software is crucial to drilling safety and success.
Petrophysical software
Petrophysical software gives oil companies the tools engineers need to analyze the vast amounts of data they produce in drilling for and producing oil. This type of software uses algorithms to calculate data like porosity, saturation and volume of a well before workers drill it.
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For more detailed information on petrophysical software applications, visit PetroWorks by Halliburton.
Operator system
The operator system in gas and oil software usually handles the accounting aspects for the business.
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Visit WolfPak Software to view the features included in operator system software. Click on the links for more information about specific features.
Dynamic modeling
Dynamic modeling, as opposed to static modeling, involves simulating active processes. Among other things, software for oil and gas production must calculate drill rates and fluid density.
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GDS Publishing offers an article "Dynamic Modeling of Hydraulics and Well Control," which describes the process.
Seismic interpretation
Seismic refers to the fault lines on the Earth's surface. The fault lines cause earthquakes. Seismic interpretation is essential to determining the safety and ultimate production value of an explored oil or gas drilling site.
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To learn more about software specific to seismic interpretation, check out Petrel by Schlumberger.
Well log software
Well log software helps manage the immense amounts of data involved in drilling an oil or gas well. It can compute everything from soil porosity to water saturation.
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The Logic Group describes the wide variety of applications for its different versions of well log software.
Subsurface applications
Before drilling begins, it is important to know what's going on below the surface. Software can help interpret data, so reservoir engineers can make decisions based on what the team is likely to encounter.
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To learn more about the many subsurface applications that software can calculate, check out UTCHEM by the Office of Technology at the University of Texas at Austin.
Microsoft Dynamics for O&G Field Equipment, Personnel, Rental, Acctg
Petrel Seismic to Simulation Interpretation and Modeling
Energy management for upstream, midstream, & transportation sectors
Automate Operations Without Upfront Software & IT Infrastructure Costs.
