In today’s growing landscape of energy exploration, oil and gas drilling software has become an indispensable pillar of successful modern operations. However, there are still many misconceptions that prevent companies from implementing this software. This blog busts some five popular misconceptions about drilling software. Read more below.

Myth 1: “It’s for Big Enterprises Only”

Busted: Despite being early entrants to the software game, modern accounting software for the oil and gas industry is scalable to operations of all sizes. Numerous vendors have cloud-based or modular solutions that make advanced analytics, real-time data, and automation tools previously only accessible to large enterprises available to small and mid-size companies as well. There’s a solution that fits, whether you’re running five wells or 50.

Myth 2: “Drilling Software Replaces Engineers”

Busted: Oil and gas drilling software is a resource, not a substitute. It adds value to drilling engineering decisions through real-time visualization, simulation, and predictions. These platforms enable professionals to make the most out of their equipment, limiting its risks and preventing expensive downtime–not replace the professionals who power these technologies.

Myth 3: “It’s Too Complicated to Implement”

Busted: Some generations of drilling software had a lot of heavy IT support needed, but modern systems are easier to work with. Today’s solutions have user-friendly dashboards, mobile-enabled platforms, and robust onboarding assistance. Convergence with existing workflows is tighter than ever, and a lot of tools have been built with operators in the field as well.

Myth 4: “It Doesn’t Make a Significant Difference”

Busted: This is one of the longest-standing myths out there. However, the oil and gas drilling software can minimize non-productive time (NPT), optimize drilling parameters, and preclude expensive mistakes via predictive analytics. The ROI is tangible. Drilling software users report measurable improvements in efficiency, safety, and cost savings within months.

Myth 5: “Big Data Security Concerns”

Busted: Cybersecurity is always a valid concern, but the way that providers of modern accounting software for the oil and gas industry spend heavily on data protection. In cloud systems, where everything is end-to-end encrypted, multi-factor authenticated, and compliant with all industry standards, your operational data is secure.

Implement the Best Oil and Gas Drilling Software

Avatar Systems Inc. is the one you can count on for the most efficient and specifically designed accounting software for the oil and gas industry. We also offer tailored software solutions to meet each business’s unique needs. Get in touch with us today to learn more about our software solutions.