Oil and Gas
Close the books and the field report from the same numbers.
Why teams choose 247 Labs
We have built operational and data systems for asset-heavy businesses for more than a decade, from field capture to finance.
Operators and finance teams stay with us for clear scoping, steady communication, and software that fits how they work.
Our team has shipped integrations, portals, and data platforms where accuracy and audit trails matter.
Challenge Map
Fix the gaps between the field, the ledger, and the regulator.
Most oil and gas software problems sit at a handoff: a meter reading retyped into a spreadsheet, an AFE tracked by email, or a filing assembled by hand at month end.
Joint interest billing and AFE tracking still run on spreadsheets and email.
We build billing and approval workflows that follow the AFE from request to final cost, produce partner statements, and flag overruns before the invoice goes out.
Strong fit for operators with many partners.Production volumes arrive late and allocation takes days to reconcile.
We connect meter, SCADA, and well test data into one allocation model so field volumes, facility totals, and sales numbers agree before accounting and filings depend on them.
Useful when month-end close drags.Regulatory reports and inspection records are assembled by hand under deadline.
We automate volumetric and compliance reporting from source data, keep the audit trail behind every figure, and track inspection and integrity work in one place.
Best for teams facing frequent audits.Services
Software for the accounting, operations, and compliance sides of oil and gas.
We scope work around one workflow at a time, such as one billing cycle, one field area, or one report, so the first release can go live and be measured.
JIB and AFE management
Digitize AFE approval, cost tracking, partner statements, and joint venture reporting against your accounting procedure.
Production allocation systems
Allocate well and facility volumes from meter, test, and SCADA data with traceable rules and revision history.
Regulatory reporting automation
Generate volumetric, emissions, and compliance filings from source data, with review steps and retained evidence.
Field operations apps
Give operators mobile tools for rounds, readings, work orders, and incident capture that work with weak coverage.
Asset integrity tracking
Manage inspection schedules, findings, and corrective actions for vessels, piping, and pipelines in one register.
SCADA and historian integration
Link operational data to ERP, analytics, and reporting through APIs, with segmentation between OT and IT networks.
Case Studies
Proof for data pipelines, ERP delivery, and field tracking.
US Department of Energy: a custom ETL framework for budgeting and planning
30% less data processing time, 40% better accuracy
247 Labs built an ETL framework and dashboards that brought data from many sources into one reviewed record, showing the pipeline discipline allocation and reporting systems need.
Read case study →
Comsense: upgraded a construction ERP front end and back end
30% operational efficiency gain, 40% faster data processing
A cost-heavy, project-based ERP rebuilt for real-time data and reporting, relevant to AFE and JIB platforms that outgrow their legacy tools.
Read case study →
Skyline: a real-time mobile app for tracking a distributed portfolio
35% efficiency gain in tracking and reporting
A synced mobile app with maps and a status dashboard, showing the pattern behind field apps that keep dispersed assets current.
Read case study →Capabilities
The planning, build, intelligence, and control layers oil and gas software needs.
We help operators define the workflow, connect the data, add useful analysis, and keep every number traceable back to its source.
Start with the workflow that costs the most time
We map where volumes, costs, and filings are handled by hand, then pick a first scope with a clear owner and a measurable result.
- Joint venture and AFE process review
- Meter and data source inventory
- Reporting obligation mapping
- Phased roadmap by asset group
Connect field, finance, and partner systems
We build the integrations, portals, and mobile tools that move data from the wellsite to accounting without retyping.
- Partner portals for statements and AFEs
- Allocation and balancing engines
- Mobile rounds and work orders
- ERP and accounting integration
Turn well and facility data into earlier decisions
We add analysis on top of clean data so engineers see underperforming wells and failing equipment sooner.
- Decline and variance monitoring
- Predictive maintenance for pumps
- Anomaly flags on facility data
- Cost versus AFE forecasting
Keep reported numbers defensible
We design access, versioning, and evidence so a figure can be explained to a partner or auditor months later.
- Audit trail on volume revisions
- Role-based access by partner
- Retention and evidence rules
- OT and IT network segmentation
Tech Stack
Oil and gas software should sit on top of the systems your field already runs.
We integrate with the controls, historians, and accounting tools you have, and keep operational networks separate from business systems.
247 Labs and there team were highly effective in their work, it is rare to find speed, detail and perfection, they have all three. Our team had an explosive idea, 247 Labs helped us get it off the ground.
Sarmad Ibrahim, AI Innovation Manager, IBM
Business Benefits
Better data from the wellsite makes the books and the filings easier.
The value shows up in a faster close, fewer partner disputes, and reports your team trusts before they send them.
Faster month-end close
Allocation and billing run from the same inputs, so accounting waits less on field corrections.
Fewer partner disputes
Clear AFE history and statement detail answer questions before they become audits.
Earlier field response
Operators and engineers see variance and equipment trouble while it is still cheap to fix.
Lower filing risk
Reports built from source data with retained evidence reduce last-minute errors.
Visible integrity work
Inspection findings and actions sit in one register with owners and due dates.
Ready to line up field data, partner billing, and filings?
Talk with 247 Labs about your assets, partners, and reporting duties, and we will outline a first release that removes the most manual work.
Start Your Energy ProjectFAQ
Common questions before an oil and gas software project starts.
Yes. We model your chargeable-cost rules, overhead, and partner interests from the agreements you already use, such as COPAS-based procedures. Statements and AFE comparisons then follow those rules instead of a generic template.
We build allocation rules that handle missing readings with documented estimates, then log every revision. That keeps reported volumes explainable and lets the team correct late data without breaking prior periods.
Often, yes, once the source data is clean. We map each required field to its origin, such as filings to a regulator system like Petrinex under AER measurement rules, and keep the review step so someone signs off.
Yes. We read from historians and gateways through OPC UA, MQTT, or exports, and keep the operational network separate from business systems. Writes back to control systems are not part of a typical first scope.
Let’s build something
great together.
We’re happy to answer any questions you may have and help you determine which of our services best fits your needs.
Call us at 1-877-247-7421 or email hello@247labs.com
Your Benefits:
- Client Oriented
- Independent
- Competent
- Result-driven
- Problem-solving
- Transparent
What happens next?​
1
We schedule a call at your convenience
2
We do a discovery and consulting meetingÂ
3
We prepare a proposalÂ
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