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IT Solutions for Oil and Gas Companies

Since 2010, ScienceSoft offers IT solutions for the oil and gas industry by employing cloud, IIoT, big data, advanced analysis, virtual and augmented reality. We will gladly provide you with a tailored IT solution for improved petroleum exploration and production processes and data-driven decision-making.

IT Solutions for Oil and Gas Companies - ScienceSoft
IT Solutions for Oil and Gas Companies - ScienceSoft

IT Solutions for Oil and Gas ScienceSoft Offers

IT solutions for oil and gas help the industry embrace digital transformation for improved drilling quality and efficiency, optimized reservoir management, enhanced oil recovery, reduced operational costs, and more.

Business management

Advanced operational analytics

  • Data ingestion and storage (including reservoir and well data).
  • Big data analytics.
  • Operational alerts, performance predictions, operational risk estimation.
  • Operational cost analytics.
  • Capital project execution analytics.
  • Exploration progress analytics.
  • Supplier analytics.
  • Supply chain status analytics.
  • Drilling analytics.
  • Equipment performance and failure analytics.
  • Workforce analytics.
  • Health, Safety and Environment (HSE) analytics.

Capital project management

  • Project document and digital asset management.
  • 4D/5D building information modeling (BIM), VR.
  • Planning and scheduling.
  • Quality assurance.
  • Project cost management.
  • Project risk management.
  • Project progress control and reporting.
  • Project execution analytics with predictions (equipment failures/downhole problems).
  • Integration with procurement and knowledge management processes.

Procurement/Supplier management

  • Supplier assessment and management.
  • Supplier risk management.
  • Supplier portals.
  • Inventory management.
  • Purchase order automation.
  • Integration with project management and maintenance processes.

Knowledge management

  • Knowledge resources extraction and storage (daily drilling reports, regular project reports, incident reports, etc.).
  • Knowledge source screening and annotation (manually and using AI).
  • Semantic search across the knowledge base.

Exploration & production

Integrated oil and gas resources database with advanced visualization

  • Geological information ingestion and storage.
  • Seismic data ingestion and storage.
  • Data access with strong security.
  • Seismic attribute calculation.
  • Data interpretation (manual and automated).
  • Advanced data visualization, including VR.

Reservoir modeling, monitoring and management

  • Enhanced reservoir monitoring.
  • Fracture and fault detection in reservoirs.
  • Reservoir modeling and simulation.
  • Real-time remote monitoring of changes in big reservoirs.
  • Advanced visualization, including VR.
  • Data access with strong security.

Remote operations center (ROC)

  • Remote monitoring of drilling and well operations.
  • Automated alarming (e.g., in case of high fault probability).
  • Advanced data visualization, including VR.
  • Drilling optimization via evaluation of multiple decision-making scenarios and selecting the best one.

Equipment maintenance management and field service

Predictive maintenance

  • Equipment and sensor data ingestion and storage (cloud big data storage).
  • Machine-learning-based predictive failure modeling in real-time.
  • Drill bit defect recognition based on image analysis.

VR-based immersive training

  • Operational training (introductory training, training on new equipment/sites, etc.).
  • Emergency training.
  • Safety training.

Our Project Portfolio in Oil and Gas

Why Build Your IT Solution for Oil and Gas with ScienceSoft

  • 14 years of experience in IT for oil and gas.
  • 35 years in data analytics and data science.
  • Big data services since 2013; IoT expertise since 2011; 3D modeling since 1996.
  • Experience with major public cloud platforms, including Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
  • Quality-first approach based on a mature ISO 9001-certified quality management system.
  • Robust data security management supported by an ISO 27001 certificate.
  • For the third year in a row, ScienceSoft secures its presence in the Global Outsourcing 100, the list of the most trusted outsourcing service providers carefully assessed and selected by IAOP.

Perks of Our Approach to Oil and Gas IT Services

You set goals, we drive your oil and gas project to achieve them despite time and budget constraints and changing requirements, ensuring predictable cooperation flow and pragmatic risk mitigation.

Proficiency in advanced technologies

Being experts in cloud, IIoT, big data, advanced analytics, VR, and AR, we choose the best-fitting advanced technologies for your IT solution to address your specific needs (predictive equipment maintenance, remote asset monitoring, drilling costs reduction, etc.).

Joint work with industry experts

We collaborate closely with your scientists and engineers to create efficient, innovative solutions and smoothly integrate them into your business processes. We consistently share knowledge and provide KPI-based reports on the cooperation outcomes.

ScienceSoft USA Corporation Is a 3-Year Champion in the Financial Times Rating

Three years in a row (2022–2024), the Financial Times has included ScienceSoft USA Corporation in the list of 500 fastest-growing American companies. This is the result of our dedication to driving project success despite any constraints and disruptions.

Choose Your Service Option

Advanced technologies consulting

Our consultants advise on the use of cloud, big data, IIoT, advanced analytics, VR and AR in the oil and gas sector for:

  • Reservoir modeling, monitoring and management.
  • Remote operations center (ROC).
  • Predictive equipment maintenance, etc.
Request tech consulting

IT solution consulting, implementation and support

  • IT solution cost and time delivery estimation.
  • Outline of the optimal solution functionality and architecture to meet business needs and guarantee high ROI.
  • Optimizing solution implementation and operating costs.
  • End-to-end solution (custom or platform-based) implementation.
  • After-launch solution support.
  • Continuous IT solution maintenance and evolution.
Request consulting and implementation

IT outsourcing

We help optimize the quality and costs of oil and gas operations by offering outsourced IT functions, including:

Request IT outsourcing

We help quickly cover resource gaps in your oil and gas IT initiative with the following experts:

  • Developers (Java, .NET, Python, PHP, C++, and more).
  • Testers (manual and automated testing).
  • DevOps engineers.
  • Data analysts.
Request team augmentation

Benefit from Digitizing Your Oil and Gas Operations

Digital transformation in the oil and gas sector may bring such benefits* as:

  • +25%

    drilling speed due to using advanced analytics for suggesting optimal drilling parameters.

  • 94%

    productive drilling time due to enabling remote and automatic drilling.

  • Up to 5%

    upstream revenue increase due to using 4D seismic imaging for measuring and predicting fluid changes in reservoirs.

  • -13%

    equipment maintenance costs due to predictive maintenance.

  • -10%

    field operations cost thanks to using augmented visual technologies, e.g., ‘connected worker’ solutions.

  • -35%

    asset inspection costs due to gathering and analyzing data from fixed cameras, drones, etc.

* Source: McKinsey

Don’t Delay Your Success in Oil and Gas!

Reach out to ScienceSoft right now to optimize your oil and gas exploration and production processes, decrease operational costs and pursue new growth opportunities.