Global Hydrocarbons Accounting Solution Market Growth (Status and Outlook) 2023-2029

Hydrocarbon accounting (HCA), is defined as “the system by which ownership of oil, gas, gas liquids and produced water is determined and tracked from the point of production to a point of sale or discharge”. The terms allocation and production reporting are also commonly used to refer to this function.

It has two essential elements. Firstly, gathering and validating flow measurement data in order to establish the definitive record of production from a facility. Secondly, it involves carrying out allocation calculations on the flow measurements to derive quantities that are not measured directly.

LPI (LP Information)' newest research report, the “Hydrocarbons Accounting Solution Industry Forecast” looks at past sales and reviews total world Hydrocarbons Accounting Solution sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydrocarbons Accounting Solution sales for 2023 through 2029. With Hydrocarbons Accounting Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrocarbons Accounting Solution industry.

This Insight Report provides a comprehensive analysis of the global Hydrocarbons Accounting Solution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrocarbons Accounting Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrocarbons Accounting Solution market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrocarbons Accounting Solution and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrocarbons Accounting Solution.

The global Hydrocarbons Accounting Solution market size is projected to grow from US$ 471.8 million in 2022 to US$ 653.9 million in 2029; it is expected to grow at a CAGR of 4.8% from 2023 to 2029.

SAP, Adept Solutions, P2 Energy Solutions, Tieto, Quorum, EnergySys, JPL, Pansoft, Schlumberger and CGI are the key suppliers in the global Hydrocarbons Accounting Solution market. Top 5 took up about 80% of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrocarbons Accounting Solution market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    On-Premises
    Cloud-Based

Segmentation by application
    Oil
    Natural Gas
    Water

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SAP
    Adept Solutions
    P2 Energy Solutions
    Tieto
    Quorum Business Solutions
    EnergySys
    Schlumberger
    JPL
    Pansoft
    CGI Group
    Wipro Limited
    Infosys

List of Tables
    Table 1. Hydrocarbons Accounting Solution Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of On-Premises
    Table 3. Major Players of Cloud-Based
    Table 4. Hydrocarbons Accounting Solution Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 5. Global Hydrocarbons Accounting Solution Market Size by Type (2018-2023) & ($ Millions)
    Table 6. Global Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Table 7. Hydrocarbons Accounting Solution Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 8. Global Hydrocarbons Accounting Solution Market Size by Application (2018-2023) & ($ Millions)
    Table 9. Global Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Table 10. Global Hydrocarbons Accounting Solution Revenue by Players (2018-2023) & ($ Millions)
    Table 11. Global Hydrocarbons Accounting Solution Revenue Market Share by Player (2018-2023)
    Table 12. Hydrocarbons Accounting Solution Key Players Head office and Products Offered
    Table 13. Hydrocarbons Accounting Solution Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 14. New Products and Potential Entrants
    Table 15. Mergers & Acquisitions, Expansion
    Table 16. Global Hydrocarbons Accounting Solution Market Size by Regions 2018-2023 & ($ Millions)
    Table 17. Global Hydrocarbons Accounting Solution Market Size Market Share by Regions (2018-2023)
    Table 18. Global Hydrocarbons Accounting Solution Revenue by Country/Region (2018-2023) & ($ millions)
    Table 19. Global Hydrocarbons Accounting Solution Revenue Market Share by Country/Region (2018-2023)
    Table 20. Americas Hydrocarbons Accounting Solution Market Size by Country (2018-2023) & ($ Millions)
    Table 21. Americas Hydrocarbons Accounting Solution Market Size Market Share by Country (2018-2023)
    Table 22. Americas Hydrocarbons Accounting Solution Market Size by Type (2018-2023) & ($ Millions)
    Table 23. Americas Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Table 24. Americas Hydrocarbons Accounting Solution Market Size by Application (2018-2023) & ($ Millions)
    Table 25. Americas Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Table 26. APAC Hydrocarbons Accounting Solution Market Size by Region (2018-2023) & ($ Millions)
    Table 27. APAC Hydrocarbons Accounting Solution Market Size Market Share by Region (2018-2023)
    Table 28. APAC Hydrocarbons Accounting Solution Market Size by Type (2018-2023) & ($ Millions)
    Table 29. APAC Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Table 30. APAC Hydrocarbons Accounting Solution Market Size by Application (2018-2023) & ($ Millions)
    Table 31. APAC Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Table 32. Europe Hydrocarbons Accounting Solution Market Size by Country (2018-2023) & ($ Millions)
    Table 33. Europe Hydrocarbons Accounting Solution Market Size Market Share by Country (2018-2023)
    Table 34. Europe Hydrocarbons Accounting Solution Market Size by Type (2018-2023) & ($ Millions)
    Table 35. Europe Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Table 36. Europe Hydrocarbons Accounting Solution Market Size by Application (2018-2023) & ($ Millions)
    Table 37. Europe Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Table 38. Middle East & Africa Hydrocarbons Accounting Solution Market Size by Region (2018-2023) & ($ Millions)
    Table 39. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Region (2018-2023)
    Table 40. Middle East & Africa Hydrocarbons Accounting Solution Market Size by Type (2018-2023) & ($ Millions)
    Table 41. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Table 42. Middle East & Africa Hydrocarbons Accounting Solution Market Size by Application (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Table 44. Key Market Drivers & Growth Opportunities of Hydrocarbons Accounting Solution
    Table 45. Key Market Challenges & Risks of Hydrocarbons Accounting Solution
    Table 46. Key Industry Trends of Hydrocarbons Accounting Solution
    Table 47. Global Hydrocarbons Accounting Solution Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 48. Global Hydrocarbons Accounting Solution Market Size Market Share Forecast by Regions (2024-2029)
    Table 49. Global Hydrocarbons Accounting Solution Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 50. Global Hydrocarbons Accounting Solution Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 51. SAP Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 52. SAP Hydrocarbons Accounting Solution Product Offered
    Table 53. SAP Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 54. SAP Main Business
    Table 55. SAP Latest Developments
    Table 56. Adept Solutions Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 57. Adept Solutions Hydrocarbons Accounting Solution Product Offered
    Table 58. Adept Solutions Main Business
    Table 59. Adept Solutions Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 60. Adept Solutions Latest Developments
    Table 61. P2 Energy Solutions Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 62. P2 Energy Solutions Hydrocarbons Accounting Solution Product Offered
    Table 63. P2 Energy Solutions Main Business
    Table 64. P2 Energy Solutions Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 65. P2 Energy Solutions Latest Developments
    Table 66. Tieto Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 67. Tieto Hydrocarbons Accounting Solution Product Offered
    Table 68. Tieto Main Business
    Table 69. Tieto Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 70. Tieto Latest Developments
    Table 71. Quorum Business Solutions Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 72. Quorum Business Solutions Hydrocarbons Accounting Solution Product Offered
    Table 73. Quorum Business Solutions Main Business
    Table 74. Quorum Business Solutions Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 75. Quorum Business Solutions Latest Developments
    Table 76. EnergySys Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 77. EnergySys Hydrocarbons Accounting Solution Product Offered
    Table 78. EnergySys Main Business
    Table 79. EnergySys Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 80. EnergySys Latest Developments
    Table 81. Schlumberger Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 82. Schlumberger Hydrocarbons Accounting Solution Product Offered
    Table 83. Schlumberger Main Business
    Table 84. Schlumberger Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 85. Schlumberger Latest Developments
    Table 86. JPL Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 87. JPL Hydrocarbons Accounting Solution Product Offered
    Table 88. JPL Main Business
    Table 89. JPL Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 90. JPL Latest Developments
    Table 91. Pansoft Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 92. Pansoft Hydrocarbons Accounting Solution Product Offered
    Table 93. Pansoft Main Business
    Table 94. Pansoft Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 95. Pansoft Latest Developments
    Table 96. CGI Group Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 97. CGI Group Hydrocarbons Accounting Solution Product Offered
    Table 98. CGI Group Main Business
    Table 99. CGI Group Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 100. CGI Group Latest Developments
    Table 101. Wipro Limited Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 102. Wipro Limited Hydrocarbons Accounting Solution Product Offered
    Table 103. Wipro Limited Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 104. Wipro Limited Main Business
    Table 105. Wipro Limited Latest Developments
    Table 106. Infosys Details, Company Type, Hydrocarbons Accounting Solution Area Served and Its Competitors
    Table 107. Infosys Hydrocarbons Accounting Solution Product Offered
    Table 108. Infosys Main Business
    Table 109. Infosys Hydrocarbons Accounting Solution Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 110. Infosys Latest Developments
List of Figures
    Figure 1. Hydrocarbons Accounting Solution Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Hydrocarbons Accounting Solution Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Hydrocarbons Accounting Solution Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Hydrocarbons Accounting Solution Sales Market Share by Country/Region (2022)
    Figure 8. Hydrocarbons Accounting Solution Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Hydrocarbons Accounting Solution Market Size Market Share by Type in 2022
    Figure 10. Hydrocarbons Accounting Solution in Oil
    Figure 11. Global Hydrocarbons Accounting Solution Market: Oil (2018-2023) & ($ Millions)
    Figure 12. Hydrocarbons Accounting Solution in Natural Gas
    Figure 13. Global Hydrocarbons Accounting Solution Market: Natural Gas (2018-2023) & ($ Millions)
    Figure 14. Hydrocarbons Accounting Solution in Water
    Figure 15. Global Hydrocarbons Accounting Solution Market: Water (2018-2023) & ($ Millions)
    Figure 16. Global Hydrocarbons Accounting Solution Market Size Market Share by Application in 2022
    Figure 17. Global Hydrocarbons Accounting Solution Revenue Market Share by Player in 2022
    Figure 18. Global Hydrocarbons Accounting Solution Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas Hydrocarbons Accounting Solution Market Size 2018-2023 ($ Millions)
    Figure 20. APAC Hydrocarbons Accounting Solution Market Size 2018-2023 ($ Millions)
    Figure 21. Europe Hydrocarbons Accounting Solution Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa Hydrocarbons Accounting Solution Market Size 2018-2023 ($ Millions)
    Figure 23. Americas Hydrocarbons Accounting Solution Value Market Share by Country in 2022
    Figure 24. United States Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC Hydrocarbons Accounting Solution Market Size Market Share by Region in 2022
    Figure 29. APAC Hydrocarbons Accounting Solution Market Size Market Share by Type in 2022
    Figure 30. APAC Hydrocarbons Accounting Solution Market Size Market Share by Application in 2022
    Figure 31. China Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe Hydrocarbons Accounting Solution Market Size Market Share by Country in 2022
    Figure 38. Europe Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Figure 39. Europe Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Figure 40. Germany Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa Hydrocarbons Accounting Solution Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country Hydrocarbons Accounting Solution Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 54. APAC Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 55. Europe Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 57. United States Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 58. Canada Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 61. China Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 62. Japan Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 63. Korea Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 65. India Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 66. Australia Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 67. Germany Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 68. France Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 69. UK Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 70. Italy Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 71. Russia Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 72. Spain Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 75. Israel Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries Hydrocarbons Accounting Solution Market Size 2024-2029 ($ Millions)
    Figure 78. Global Hydrocarbons Accounting Solution Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global Hydrocarbons Accounting Solution Market Size Market Share Forecast by Application (2024-2029)

SAP
Adept Solutions
P2 Energy Solutions
Tieto
Quorum Business Solutions
EnergySys
Schlumberger
JPL
Pansoft
CGI Group
Wipro Limited
Infosys

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape