SAP has developed an industry solution for the oil and gas industry (IS-OIL), featuring tools and automated processes designed especially for this sector. SAP IS-OIL is the leading integrated solution for the entire value-added chain of the oil and gas industry-from the wellhead to the gas station. With SAP IS-OIL, you can provide your employees with uniform process and tools that make their day-to-day activities easier. Your other sites and applications are easily integrated into IS-OIL. The solution also gives you access to Web-enabled e-business applications and information.
The oil industry is divided into two major sectors. The sectors are defined to categorize the operations within each.
Upstream: Exploration & Production or E&P. Involves operations in searching for underground or underwater oil and gas tildes and drilling exploratory wells and at the same time, operating the wells that recover to re-direct the crude oil or raw natural gas to the surface.
Downstream: Includes operations that processes and stores, markets and transports crude oil, natural gas liquids like ethane, butane and propane.
The downstream sector includes:
The downstream industry markets products such as petrol and diesel and jet fuel, asphalt, lubricants, plastics fertilizers, antifreezes and even pharmaceuticals and cosmetics.
Life cycle of processing of oil field consists of 5 stages: