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Your company is ready to make the switch to modern petroleum economics software, but you’re a little confused about how to proceed. You understand the difference between unified and integrated E&P software, but you’re not sure how it impacts your team’s day-to-day tasks.
In this blog, we’ll identify the top reasons why unified petroleum economics software outperforms integrated solutions and how making a switch to modern software can boost your ROI while saving you time and eliminating errors.
As mentioned in our last blog, integrated software combines various independent programs under a single banner, while unified software is built from the ground up with a single user interface, and all processes perform as part of the whole, not separate from it.
But what exactly does this difference mean in terms of your team’s workflow and day-to-day tasks?
If your automated solution is only integrated, then each process you need it to perform is not intimately tied in with the other necessary parts of the software. This means work done on one module will not be compatible with other workflows and your job becomes more complicated. Sure, the integrated software may automate one area of your reserves management, but it inevitably complicates the other areas. If the software were unified, rather than merely integrated, work done on one module would be fully transferable and applicable to all other parts of your workflow.
To help you understand, here is a helpful table describing how this difference could impact your day-to-day operations when it comes to using petroleum economics software:
| TASK | UNIFIED PETROLEUM ECONOMICS SOFTWARE | INTEGRATED PETROLEUM ECONOMICS SOFTWARE |
| Forecasting |
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| Economic Evaluation |
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| Reporting |
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| Reserves |
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| Portfolio |
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| Efficiencies |
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| Ease of Implementation |
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As you can clearly see, unified petroleum economics software outperforms integrated software at all relevant levels of your business. After comparing the two, it’s no wonder why leaders in the oil and gas industry consistently turn to Omnira’s MOSAIC as their solution of choice. Our petroleum economics software helps you manage your wells and portfolios, giving your already taxed team the ability to work more efficiently, saving time and man-power in the process.
Learn more about the value of modern petroleum economics software when you schedule your free demo today!