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Oracle in the Exploration and Production Sector

Oracle in the Exploration and Production Sector

Exploration and production (E&P) operators need to exploit traditional conventional, unconventional ,and deep-water plays. Oracle Cloud solutions ensure long-term success and allow oil and gas companies to provide energy to the world.

Oracle in the Oil Field Service, Drillers, and Equipment Sector Features

Oracle ERP Cloud

Transform an exploration and production finance and operations organization with Oracle ERP Cloud..

  • Gain visibility of project financials, resources, and costs throughout the project lifecycle
  • Accelerate risk response with integrated risk reporting and remediation
  • Create a digital audit trail of all decisions and revisions
  • Manage global operations across multiple lines of business
  • Provide global support for multiple currencies, companies, and organizations
  • Reduce cost and streamline audits by automating financial close and compliance process

Oracle EPM Cloud

Oracle EPM Cloud delivers market-leading applications for exploration and production companies of all sizes. Drive predictable performance, report with confidence, and give more people access to EPM processes.

  • Dramatically reduce the time and cost to complete the close
  • Define global assumptions and drivers
  • Review consolidated gross and net production
  • Drill into PDP well cases and drill schedules
  • Adjust production volume drivers, capital expenditure, and lease operating costs
  • Identify actual/plan/forecast variances and trending at any operational level
  • Review and edit well-type curve profile

Oracle HCM Cloud

Engage employees and attract top talent with Oracle HCM Cloud for oil and gas organizations.

  • Attract and recruit new employees effectively and onboard them more efficiently
  • Manage employee benefits, payroll, and time
  • Standardize transfer processes and improve employee satisfaction
  • Assign employees and contractors based on qualifications and operating costs
  • Track employee competencies

Cloud Asset Lifecycle Management

Oracle provides cloud solutions that enhance operational efficiencies, increase equipment utilization, and improve organizational effectiveness. The result is optimized asset performance, from planning to retirement.

  • Manage all aspects of maintenance, repair, and overhaul (MRO)
  • Integrate material management and inventory planning
  • Proactively manage engineers, equipment, tools, people, materials, and contractors
  • Integrate development projects with production drilling operations to enhance productivity and revenue generation
  • Support interactive planning sessions that help the company effectively manage complex deep-water operations

Cloud Supply Chain Management

Transform your supply chain from a functional necessity to a competitive advantage. Oracle SCM solutions offer the broadest and deepest range of capabilities to modernize your operations across the demand, supply, and product pillars.

  • Reduce costs through material procurement and sourcing tools
  • Embed analytic tools with internal applications to monitor supply-chain performance
  • Streamline procurement processing
  • Enable optimization of global operations and distribution network, incorporating risk
  • Connect material suppliers and subcontractor availability to internal business processes

Cloud Transportation and Logistics

Streamline global trade networks with a modern supply chain solution for customs, logistics, and cross-border compliance.

  • Global multimode routing capabilities
  • Better reporting capabilities
  • Routing guides
  • Standard platform for transportation management operations
  • Freight cost reduction

Big Data in the Cloud

Oracle optimizes reservoir characterization, drilling, and production operations with an integrated operations solution that improves data capture, provides insights through data analysis, and enables better operational, tactical, and strategic decisions.

  • Combine data from any source to understand oil and gas data
  • Improve decision support with visual explorations of data
  • Collaborate between operational and field personnel to enact change