Wednesday, October 1, 2008

SAP xApp Integrated Exploration and Production (SAP xIEP)

As mentioned in the previous blog, the SAP xApps is compose of diverse business solutions that can be catered to very specific industries.

Of course SAP could never have missed developing solutions of the multi billion dollar oil and gas industry.

The SAP xApp Integrated Exploration and Production (SAP xIEP) is an xApp that simulates the business processes in large scale oil and gas business organizations.

The oil and gas industry is a complex and highly technical industry but SAP xIEP simplified the business processes by data automation and integration.

The SAP xApp Integrated Exploration and Production (SAP xIEP) is still composed of several applications that embraces together varied complex business activities related to the oil and gas industry. These activities include appraisal, development, production, and abandonment activities which are the major components at all levels of exploration and production (E&P) life cycle.

Some of the features of this xApp include essential processes which such as:

Asset maintenance - SAP xIEP automates the process of scheduling and procurement materials as well as services, facilities and oil wells.

Project delivery – Effective planning, scheduling and budgeting can be attained by using the application to execute complex tasks related to wells, projects and assets.

Production Management - SAP xIEP recognizes the special needs of the oil and gas industry in terms of producing wells and other assets like integrated field-data capture and monitoring, production integrity, production allocation and production accounting.

Procurement-to-payment and field ticket management – SAP xIEP simplifies complex activities related to procurement. These activities may include managing contracts and requests for quotation (RFQs), planning complex materials and services, and tracking and reconciling invoices.

Logistic management - SAP xIEP takes care of logistical needs catered to the industry such as upstream onshore and offshore operations and local logistics planning, shipping tracking, container management.

Upstream financial management – SAP xIEP simplifies process such as join venture management and production sharing contract management.

Exploration management – Perhaps this is the most specialized aspect in the industry but SAP xIEP has features to address this specific area.



With SAP xIEP, an oil and gas company can define and deploy user specific transactions, actions and information which are required by assets maintenance undertakings. Teams can easily identify wells requirements and develop efficient strategies. In addition, teams can also have several options for maintenance and cost strategies; well facilitated materials procurement, better control of work scope including site restoration and better analysis as basis for implementing new opportunities.

SAP xIEP like all xApps is powered by the popular SAP Netweaver technology. It leverages on the inherent efficiency of SAP's portal and business intelligence that has propelled SAP as the top enterprise resource planning (ERP) software developer and vendor in the market today.

More xApps blogs to come in the next few days. Perhaps you reading this may be from another industry, but there is nothing to worry because SAP will always have a solution for you. Well, if SAP doesn’t it, which is highly unlikely, there will always be Oracle or Microsoft.

No comments: