7 Best Oil and Gas Analytics Software of 2024

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SafetyCulture Oil and Gas Analytics Software

SafetyCulture (iAuditor)
Audit app

Rated 4.6/5 stars on Capterra from 183 ratings

Why Use SafetyCulture?

Known for its unparalleled versatility and mobile-first capabilities, SafetyCulture works incredibly well for analyzing the abundant data amassed in the oil and gas sector. With actionable insights derived from data collection and analysis, the platform addresses the varied and unique challenges in the industry, enhancing operational safety, improving quality, and guaranteeing compliance.  

Features:

  • Detects process deviations, product anomalies, and potential hazards in real time with the help of equipment monitoring and environmental sensors
  • Gain a holistic view of the operations by integrating different solutions into the platform, enabling workers to process and access data in a centralized dashboard. 
  • Identify underlying causes of incidents, forecast future events, and make better decisions with robust analytics.  
  • Streamline incident management and allow workers to respond timely and effectively. 
  • Generate detailed reports for audits, compliance, and performance tracking and store these for future use or share via Heads Up.

Why Use Petrofly?

A comprehensive oil and gas software solution, Petrofly offers numerous digital tools that seamlessly integrate field operations with the company’s finance management. Its data analytics helps with pump optimization, geological analysis, preventive maintenance, and compliance tracking. 

Features:

  • Chemical tracking solutions 
  • Profitability and production reports 
  • Accounting and financial analysis

Why Use Novi Labs?

Used by some of the largest exploration companies, energy consultants, gas and oil producers, and equity traders, Novi Labs uses advanced algorithms and machine learning to gain accurate data for production, equipment management, and market trends. With this solution, companies can optimize their programs and allocate investments wisely. 

Features:

  • Scenario-driven analysis
  • Data sharing
  • Asset condition forecasting

Why Use Omnira?

Designed primarily to streamline financial and operational planning in the oil and gas sector, Omnira Offers powerful insights that help in detailed reserve utilization, economic analysis, and market forecasting.

Features:

  • Petroleum economics 
  • Scenario and risk analysis 
  • Historical reserves archive 

Why Use Greasebook?

This is a field operation and production reporting software designed specifically for the oil and gas industry. Greasebook is the best option for small and mid-sized companies looking for a cost-effective and easy-to-use solution that provides up-to-date data collection and analysis.  

Features:

  • Downtime tracker
  • Partner and investor permissions 
  • State and government auto-report filer

Why Use Actenum?

Made for upstream oil and gas operations, Actenum is powered by intelligent scheduling, comprehensive visibility, and advanced analytics to improve efficiency and maximize resource utilization. With these features, companies can model various scenarios and choose the best course of action. 

Features:

  • Scenario analysis 
  • Oil and gas asset planning
  • Emissions management

Why Use Drakewell?

Perfect for small to mid-sized drilling, exploration, and oil field companies, Drakewell integrates data capture, analytics, and reporting. Thanks to the software’s real-time insights into the operations, users can accomplish their jobs promptly and efficiently. 

Features:

  • 3D field operations projections 
  • Equipment maintenance 
  • End of well reporting

What is an Oil and Gas Analytics Software?

An oil and gas analytics software is a digital solution that collects, manages, and analyzes data generated in oil and gas operations, from exploration and extraction to logistics for retail outlets. With the help of predictive modeling, machine learning, and big data analytics, companies can make better decisions to optimize operations, reduce costs, and meet sustainability goals.

Importance

The operations involved in oil and gas production are inherently complex, primarily because they generate vast amounts of data and involve numerous activities such as seismic activity monitoring, oil refining, pipeline maintenance, and tanker tracking. Gathering, validating, and evaluating these facts and figures manually is labor-intensive, time-consuming, and fraught with errors.

With advanced data analytics software, oil and gas companies gain actionable insights in real-time. This helps them make better decisions about optimizing processes, managing potential hazards, cutting back on costs, and shifting to sustainable practices and options with little to no consequence for their bottom line.

ClearWell Dynamics, formerly Pioneer Energy Services, achieves its safety, quality, and sustainability goals with high-quality analytics software. With the platform’s comprehensive suite of features, the company can conduct methodical inspections, improve interdepartmental collaboration, and empower workers to make the right decisions based on accurate and reliable data.

Key Features

It can be difficult to look for a comprehensive solution that meets the company’s specific requirements and budget. When reviewing your options, it is important to review the platform’s capabilities. A reliable analytics software for the oil and gas sector should have the following:

How to Choose the Right Oil and Gas Analytics Software

Any of the analytics software described in the list will be helpful in your oil and gas operations. Before making your final choice, take another look at your options in the summary below:

Oil and Gas Analytics Software Free Version Paid Plan Mobile App
SafetyCulture Yes $24/user/month* Yes
Petrofly No Contact for pricing No
Novi Labs No Contact for pricing No
Omnira No Contact for pricing No
Greasebook No Contact for pricing Yes
Actenum No Contact for pricing No
Drakewell No Contact for pricing No

* billed annually

Eunice Arcilla Caburao
Article by

Eunice Arcilla Caburao

SafetyCulture Content Contributor
Eunice Caburao is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, she has written a wide range of topics for over a decade. Eunice draws upon her rich, multidisciplinary background to create informative articles about emerging topics on health, safety, and workplace efficiency.