First of all, I would like to ask you a question.  

What are the major challenges faced by a manager in the oil and energy sector?

Think yourself or read further! I am going to explain the challenges and going to describe a digital solution to these challenges.

Digital technologies, systems, software are just rocking the whole world and many companies are using the facilities provided by the various firms. Yet, there is a big gap in managing data and information. Every oil and energy sector company is producing tons of data managing which is a very tough task by a human. Therefore there was an acute need for software that can do that automatically.

First of all, we need to address the challenges that oil and energy sectors are facing and the problems that can be solved by using the software.

Challenges Faced By Managers in oil, gas and energy field:

• Managing the assets

• Real-time management of equipment

• Maintaining the time schedule

• Collaboration both locally and globally

• Managing the risks

• Reducing extra cost

• Speeding up the work process

• Monitoring workforce

• Managing the offshore energy field intelligently

Which software are available and which one to use?

The number of oil and energy field related data analysis, prediction and suggestive software and application are very few. Most of them come with lots of limitation. For example, most of them are not capable of integrating the real energy field data and managers actually can not gather much information from them. Some of them are locally managed and does not offer for cloud-based approach. So there is some possibility of a loss of data too.

Today I am going to introduce two great applications that solves all of the problem mentioned above.

Field AP and FieldTwin from Futureon:

Futureon is a part of EXP Group. EXP group is one of the leaders in providing solutions in the oil and gas sector worldwide. They brought Field AP and FieldTwin to digitalize the oil and gas industry with a cloud-based solution approach. Both of the software became very popular after hitting in the market and is being used by the engineers, professionals to manage the data of the oil and energy sector.

Field AP is the short form of Field Activity Planner. From the name you can guess, you can actively monitor all of the works and schedule your work and manage your workforce. The field layout module of Field AP

Comes with a lot of default field outlines. You can easily drag and drop objects and other things that allow an easy way of creating your field set up. The asset library contains almost all of the necessary tools that are needed in oil and energy works and engineering specifications are also given in full. So, you need not search for engineering specifications when you need, just load them from the Field AP. In Field AP, the project dashboard is super easy to use and focuses on visualizing the project insights. This allows having a quick look over the key features of the project and manages them quickly. If I want to write all of the features it would require a book certainly. So, not mentioning all of them, check futureon website for more info.

FieldTwin is that software that will keep a copy of all project details and will allow research when you need. This will also allow you to maximize the assets you have and monitor their performance. ‘Data is a Capital’ in 2019 and that’s what is the major task of FieldTwin.FieldTwin allows to hold all parties in a single place, collaborate between parties, helps in monitoring equipment statuses. Moreover, FieldTwin connects the artificial intelligence with the historical data to better manage the planning and drilling works. FieldTwin manages the well data, predicts the behavior, monitors equipment statuses and helps in managing them.

Both of these software comes with ultra edge security as they use cloud computing. So, you never need to compromise and lose your important and sensitive data. To provide you industry standard security both software uses security measure produced by Google, Microsoft and Amazon.

Managing data is crucial for any business, but it is more crucial if the field is oil, gas and energy sector. Moreover, having good software shows you the key improvements that can be necessary and remind you of the key insights, keep historical data, analyze data and provides prediction, pulls suggestion from its database. Field AP and FieldTwin may be the best software couple to meet all of your oil and energy sector challenges.