Market Highlights:
Oil and gas software was created to assist oil and gas companies in optimizing resources and tracking milestones for expansion into new markets, capital projects, development operations, or major exploration. Due to the need to simplify the complexity of operations in the oil and gas industry and cost-effective benefits. Due to the need to reduce the complexity of operations in the oil and gas industry, as well as the cost-effective benefits of software in various activities such as project planning, execution, tracking, assessment, and reporting, the oil and gas software market is expected to expand in the future. The market study is being classified by Type (Asset Management, Scheduling, Inventory Management, Costing, Analytics, Contract Management, Maintenance and Others), by Application (Large Enterprise and Small and Medium Business) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Oil and Gas Software are Quorum Software (United States), FieldCap (United States), Snappii Apps (United States), Frontline Data Solutions (United States), Wellsite Report (United States), Petro Suite (Thailand), Total Stream Systems (United States), ETAP Software (United States), ToolWatch Enterprise (United States), iLandMan (United States) and HCL Technologies Ltd. (India).

Major Market Development Highlights
In Aug 2019, Quorum Software announced that it has acquired Fort Worth-based OGsys, the leading provider of cloud-based oil and gas accounting software for small and medium-sized businesses.
In Oct 2019, HCL Technologies has renewed its IT operations and transformation agreement with Equinor, the largest supplier of oil and gas in the Nordic energy market and the largest offshore operator in the world in a multi-million-dollar deal.

Key Questions Answered in the Report
What will the Oil and Gas Software Market size and the growth rate be in Future?
What are the key factors driving the Oil and Gas Software Market?
What are the key market trends and macro-economic impacting the growth of the Oil and Gas Software Market?
What are the challenges to market growth?
Who are the key vendors in the Oil and Gas Software Market?
What are the market opportunities and threats faced by the vendors in the Oil and Gas Software Market?
Trending factors influencing the market shares of the Players.
What are the key outcomes of the five forces analysis of the Oil and Gas Software Market?

Refer complete Table of Content of Oil and Gas Software Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Oil and Gas Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Oil and Gas Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Oil and Gas Software Developers, Oil and Gas Software End-user Industries, Organizations, forums and Alliances related to Oil and Gas Production Monitoring Software Market, Market Research and Consulting Firms and Potential Investors.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.