SAP IS-Oil (Industry Solution for Oil & Gas) is a specialized solution within the SAP ecosystem designed to meet the specific requirements of the oil and gas industry. It integrates with the core SAP ERP system to provide functionality tailored for the complex processes associated with the exploration, production, refining, and distribution of petroleum and gas products.
SAP IS-Oil (Industry Solution for Oil & Gas) is a specialized module designed to support the entire value chain, from upstream exploration and production to downstream refining and distribution. It encompasses modules tailored for upstream, midstream, and downstream operations, addressing key business processes like supply chain management, production planning, and more.
SAP IS-Oil (Industry Solution for Oil & Gas) is a specialized SAP solution tailored for the oil and gas industry. It extends SAP's ERP capabilities to address the unique needs of upstream, midstream, and downstream operations. Key features include:
Hydrocarbon Supply Chain Management: Handles exploration, production, refining, and distribution processes.
Trading and Scheduling: Supports commodity trading, logistics, and scheduling for crude oil, natural gas, and refined products.
Quantity Conversion: Manages complex unit conversions (e.g., barrels, gallons, metric tons) specific to oil and gas.
Transportation and Distribution: Optimizes pipeline, truck, rail, and marine logistics.
Pricing and Tax Management: Addresses region-specific pricing, excise duties, and royalties.
Integration with SAP S/4HANA: Modern versions align with S/4HANA for real-time data and analytics.
SAP IS-Oil helps companies improve efficiency, ensure compliance, and manage volatile market conditions. SAP offers specific solutions for the oil and gas industry.
Companies using SAP for Oil & Gas (IS Oil & Gas):
We have data on 310 companies that use SAP for Oil & Gas (IS Oil & Gas). The companies using SAP for Oil & Gas (IS Oil & Gas) are most often found in United States and in the Oil & Energy industry. SAP for Oil & Gas (IS Oil & Gas) is most often used by companies with >10000 employees and >1000M dollars in revenue. Our data for SAP for Oil & Gas (IS Oil & Gas) usage goes back as far as 9 years.
SAP for Oil & Gas user resources including best practices, presentations, blogs, forums, videos, e-learning, wikis, trainings, how-to, processes, and more information relevant for implementation & operation.
If you’re interested in the companies that use SAP for Oil & Gas (IS Oil & Gas), you may want to check out Schneider Electric and Schlumberger as well.
Like in actual business SAP IS Oil too has specific solutions for Upstream Downstream and Midstream operations. With downstream and midstream being more logistics based, upstream has more financial traces. So when guiding new comers this becomes the basis of recommendation. If you have done a bit of work in SAP or even in other ERP systems which deals with logistic modules like MM (Materials Management, Procurement, inventory), SD (Sales and Distribution), then it makes more sense to pursue with SAP IS-Oil Downstream.
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Here's a more detailed look:
SAP IS-Oil:
This is the core solution, providing industry-specific functionality for oil and gas companies.
Upstream:
Covers exploration, production, and related activities, including resource management and project management.
Midstream:
Focuses on transportation, storage, and distribution of oil and gas products.
Downstream:
Includes refining, petrochemicals, and alternative fuels, along with sales, marketing, and distribution processes.
SAP IS-Oil, Gas & Energy:
SAP has expanded its offering to include energy components, offering optional modules for various industries, including oil and gas.
SAP Business One:
While not a dedicated IS-Oil module, SAP Business One can also support smaller oil and gas businesses with features like asset management, inventory tracking, and financial management.
Key Components of SAP IS-Oil:
Upstream Operations Management (UOM):
Manages exploration and production activities.
Tracks production volumes, reservoir management, and hydrocarbon accounting.
Downstream Operations Management (DOM):
Covers refining, distribution, and retail.
Includes logistics, pricing, and product management.
Trader’s and Scheduler’s Workbench (TSW):
Manages the trading and scheduling of crude oil and petroleum products.
Facilitates nominations, ticketing, and movement planning.
Hydrocarbon Product Management (HPM):
Supports the management of oil and gas products throughout the supply chain.
Tracks volume and quality through various stages of production.
Joint Venture Accounting (JVA):
Manages accounting for partnerships and collaborations.
Tracks costs and revenues associated with joint ventures.
Remote Logistics Management (RLM):
Manages logistics for remote areas.
Tracks the movement of personnel and equipment to and from remote sites.
Production Revenue Accounting (PRA):
Handles revenue distribution, royalty management, and production allocation.
Ensures compliance with regulatory requirements.
Service Station Retailing (SSR):
Manages retail operations, including fuel sales and convenience stores.
Integrates with Point of Sale (POS) systems.
Benefits of SAP IS-Oil:
Integrated Operations: Connects upstream, midstream, and downstream processes.
Regulatory Compliance: Facilitates adherence to local and global regulations.
Efficiency in Trading: Improves visibility and control over trading and distribution.
Accurate Revenue Tracking: Facilitates proper accounting for joint ventures and royalties.
Streamlined Logistics: Optimizes transportation and movement of oil and gas products.