The Power of IFS Energy
Automated processes from the field through financials. Lower OPEX. Higher profitability. That’s the power of IFS energy for upstream oil and gas operators.
Eliminate manual, burdensome, and error-prone tasks through IFS' market-leading, end-to-end solution that spans the entire upstream oil and gas value chain – from field operations and land acquisition through financial accounting.
A field through financials mindset & approach
Streamline, simplify, and improve corporate performance. Provide visibility across your operation by connecting business processes and data from the field through financials. Eliminate reconciliations, rekeying of data, and business logic differences across teams using IFS’ proven solution.
The deepest and strongest solution
When it comes to upstream oil and gas, IFS is unmatched in depth of functionality and ability to manage all operations in all regions, from onshore horizontal pad drilling to offshore platforms. IFS has you covered with proven industry experience.
Market leadership
Put your trust into a partner that has not only served upstream oil and gas longer than anyone else – over three decades – but also has the scale, knowledge, and resources to continue to innovate and lead the digitization of upstream land, production, and accounting.
Ongoing commitment
IFS is steadfast in its commitment to upstream oil and gas software innovation. By utilizing the latest technologies to streamline and automate your business, you're ultimately met with reduced costs and improved operations.
Data-backed decision making
If two wells have similar prognoses for improvement, working on the well that you have a higher interest in first will provide your company a higher return. Get the master data you need from an integrated system to inform important decisions.
Capabilities
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Single source of truth
Leverage a single access point and eliminate manual entry and differences across systems.
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Clear and consistent business logic
Eliminate differences in business logic through a single, end-to-end solution and ensure all departments and teams are on the same page.
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Open APIs
Easily integrate data from third parties – gas analysis, plant statements, and more – through uploads.
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Quicker availability of data
Reduce your time to close each month and get key stakeholders the data they need faster.
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Visibility into operations
Get more accurate and quicker insights into your operation including financial reports.
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Communication between land, production, and accounting
Establish stronger cross-department communication to avoid missed lease payments or incorrect revenue distribution.
Lower IT spend
Companies often have limited IT support and budget to write and manage integrations between systems. Staff turnover and frequent upgrades can make this even more challenging. Having out-of-the box, end-to-end solutions eliminates IT dependency.
Solutions for your industry
Production Solutions
Integrated production software that optimizes asset performance for over 50% of wells in the U.S. and thousands of others worldwide. Allows for accurate volume allocations, effective field data capture and validation, real-time data visualization, and more.
