SAP for Oil & Gas solutions support processes related to the exploration, development, and production of crude petroleum, enabling key activities such as:

• Exploration and appraisal – With SAP solutions, you can maintain your portfolio of assets by finding and developing new petroleum reserves. Integrated solutions support the full exploration cycle, enabling you to assess your current asset and production portfolio, identify exploration targets, acquire leases and licenses, manage surveys and appraisals, and model reservoirs.
• Exploration and production contract management – SAP solutions facilitate the acquisition of petroleum reserves through mergers, acquisitions, or joint ventures. Our solutions enable opportunity analysis, strategic planning, venture equity trading, as well as the development and management of joint operating agreements and production sharing contracts.
• Field development – SAP solutions helps you establish the size of the field, work out the most efficient production method, and assess whether the field will cover the costs of development and day-to-day operation and yield a profit.
• Liquid and gas production – With capabilities for well mapping, production planning and execution, volume and capacity management, and quality assurance, you can ensure 24/7 production cycles and maximize quantities produced. You can also comply with corporate, industry, and governmental standards for safety and environmental protection while maintaining all facilities in good working order.
• Allocation and settlement – SAP solutions enable you to allocate volumes and value to owners who have an equity share in a producing well or to sales contracts, indicating what you have promised to purchasers. You can also submit reports and pay royalties to governments and other public bodies.
• Oil field service and repair operations – With SAP solutions, you can conduct long-range planning to optimize resources. You can also deploy and schedule resources as needed, when customer service requests come in or as planned service activities occur. Plus, you can outsource services, procure and source services, and carry out billing and payment activities.