20 Most Promising Oil and Gas Technology Solution Providers - 2016

20 Most Promising Oil and Gas Technology Solution Providers - 2016

The oil and gas industry has been forced into a reflecting and restructuring year as the constant high supply of energy fuels has caused a suppression in the oil prices. Every aspect of the supply chain from headcounts to infrastructure projects has felt the effect of cost pressure on operators. While there has been a dramatic fall in capex, opex has increased subsequently, causing a digital disruption. Big data analytics, cloud-enabled mobility, and IoT have been fused to create an efficient ‘digital oil field’ which is assisting the oil and gas industry reduce costs and make better and faster decisions.

Gone are the ‘dark ages’ of the oil industry, where oilmen aimed their drills and hoped for the best. Today, hulking satellites link offshore platforms and spinning drill-bits with engineers and geologists to provide fast updates from Logging While Drilling (LWD) and rapid adjustments to the structural model, and allow for optimized infrastructure projects. To realize the maximum benefits of this digital disruption, organizations are rapidly improving their analytics capabilities and maturity by collaborating with innovative solution providers.

To help navigate this constantly shifting oil and gas landscape, our distinguished selection panel, comprising CEOs, CIOs, VCs, industry analysts and the editorial board of CIOReview has narrowed the final 20 providers that exhibit competence in delivering advanced digital technologies to create a digital oil field.

We present to you CIOReview’s 20 Most Promising Oil and Gas Solution Providers 2016.

Company Name

Company Description

Allegro A provider of commodity management software for power and gas utilities; refiners, producers and traders of crude oil, refined products, and industrial energy consumers.
AspenTech Tackles the most intricate process manufacturing challenges, creates value, and improves profitability for customers with aspenONE software.
AVEVA ProCon An AVEVA Group company that provides contract risk management software for the oil and gas, mining, and other infrastructure industries.
Coupa Software Offers a suite of cloud applications for finance, enabling customers to quickly realize significant savings—refining spend management for the energy industry.
Digital H2O Develops software solutions for the end-to-end management of water in oil and gas operations.
Ensyte Offers performance driven business software packages and professional services for companies engaged in the International Oil and Gas Industry.
evoleap A provider of flow assurance consulting and custom software development services to the oil and gas industry
Iconics Offers real-time visualization, HMI/SCADA, manufacturing intelligence and a suite of analytics solutions for operational excellence.
Intelometry Technology, data provider and consulting services company, specializing in retail electricity and natural gas market operations.
LiquidFrameworks Providing a complete mobile field operations management solution with the ability to organize and manage jobs, quotes, field ticketing, equipment, contracts, and labor.
Locus Technologies Centralized, organized environmental data management for the energy, oil and gas industries.
Magnum Forge Consulting firm offering ERP software services to upstream energy clients.
Mobile Data Technologies Delivers advanced and robust data acquisition and control products to the oil and gas industry.
NeoFirma Provides an easy-to-use, cloud-based suite of software solutions to manage drilling and production operations.
New Century Software Delivers pipeline integrity management software and services to energy transportation companies.
OAG Analytics Provides an end to end platform that turns oil and gas data into insights that can be used to drive decisions around how and where to drill.
Omega Combining consultancy expertise and software to find the solutions needed for projects in all energy fields.
ONG-IT A GIS expert providing consulting services tailored for the oil and gas companies and utilities.
OSIsoft By centralizing data from real-time process automation systems, the PI System creates visibility across all O&G segments.
RFgen Software Offers flexible, enterprise solution for field service, asset management, inventory management and proof of delivery for oil and gas industries.