Oil companies need production software to optimize extraction operations and make the most of their reservoirs. Oil production software helps oil companies implement and manage production plans across multiple locations and for different types of extraction methods (surface or subsurface). Oil production software also ensures compliance with health and safety regulations, and helps oil and gas companies avoid soil and water pollution.
Oil production software needs to exchange information with solutions such as oil and gas simulation and modeling or oil and gas engineering in order to optimize production planning. Information from CMMS, EAM, or oil and gas asset management can also be used to increase asset productivity during production.
To qualify for inclusion in the Oil Production category, a product must:
The Petrel E&P software platform brings disciplines together with best-in-class applied science in an unparalleled productivity environment. This shared earth approach enables companies to standardize workflows from exploration to production—and make more informed decisions with a clear understanding of both opportunities and risks.
MasterView acts as your corporate database for drilling and well operations data, seamlessly connecting the data between Peloton applications and external products. Consolidating data between programs that depend on one another gives your users a deeper, more complete view of the well lifecycle across all stages.
The Techlog software platform enables the integration of all wellbore-centric data types into multi-discipline workflows.The Techlog Wellbore Stability module comprises mechanical earth model (1D-MEM) building, wellbore stability, sand management, and fracture stability computation.
Compliance, transparency and accountability on production work. ALTO Produce™ was developed to enable each O&G producer to define their own specific processes, and effectively marry them with the industry regulatory processes required. ALTO Produce™ captures primary data and reuses it in all downstream applications, e.g. QByte FM, AFE Navigator and PRISM, etc. Software and data management development and designed to identify, integrate, track and manage the cross-functional workflow and data related to any and all production additions and changes including new wells, facilities, meters, schematics, and pipelines, etc. ALTO Produce™ is a workflow management tool that enables producers to capture, integrate and move data and information across the key roles and functions involved in making any changes to production related assets, creating transparency and accountability for each step of the process. ALTO Produce™: Integrates work across field operations, production engineering, production accounting, and construction, etc. Time stamps data and work steps as they are completed, and ensures all wells meet formal requirements prior to being brought on stream. Produces schematic diagrams of additions and changes. Reuses data captured and transfers it to all downstream financial and operations systems.
Frequent unforeseen events and/or changes in supply, manufacturing and demand conditions require schedulers to quickly evaluate consequences, explore alternate courses of action, and communicate schedule changes back to stakeholders to keep everyone aligned to achieve manufacturing and customer goals.