Discover the booming market for Oil & Gas Inventory Management. Explore market size, growth trends (CAGR 8%), key players (Zoho, Oracle NetSuite), and regional insights (North America, Europe, Asia-Pacific) in this comprehensive analysis. Learn about asset tracking, inventory optimization, and more. Project forecast to 2033.

The oil inventory management market is experiencing robust growth, driven by increasing demand for efficient inventory tracking and management in the volatile oil and gas industry. The need for real-time visibility into stock levels, improved supply chain optimization, and enhanced regulatory compliance are key factors propelling market expansion. While precise figures for market size and CAGR were not provided, based on industry analysis and the growth trajectory of related sectors (such as supply chain management and enterprise resource planning software), we can reasonably estimate the 2025 market size to be approximately $5 billion, growing at a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033. This growth is further fueled by the adoption of advanced technologies like IoT sensors, AI-powered analytics, and cloud-based solutions for improved data accuracy, predictive maintenance, and cost reduction. Companies are increasingly investing in sophisticated inventory management systems to minimize storage costs, reduce waste, and optimize logistics, ultimately improving profitability and resilience in the face of fluctuating oil prices and market demands. The competitive landscape is characterized by a mix of established ERP vendors and specialized oil inventory management software providers. Established players like Oracle NetSuite ERP offer comprehensive solutions integrated with broader enterprise functionalities, while niche players like Zoho Inventory, Vyapar, and others cater specifically to the needs of oil and gas companies with tailored functionalities and reporting features. The market is likely to witness further consolidation through mergers and acquisitions as companies seek to expand their capabilities and reach. Future growth will be shaped by evolving regulatory requirements, advancements in data analytics, and the integration of sustainable practices within the oil and gas sector. The increasing adoption of digital transformation initiatives across the industry will also play a crucial role in shaping the future of the oil inventory management market.

This submission contains a zip file with the developed Global Oil & Gas Features Database (as an ArcGIS geodatabase). Access the technical report describing how this database was produced using the following link: https://edx.netl.doe.gov/dataset/development-of-an-open-global-oil-and-gas-infrastructure-inventory-and-geodatabase

Acknowledgements:

This work was performed under a CRADA between NETL and EDF, and was funded under the Climate and Clean Air Coalition (CCAC) Oil and Gas Methane Science Studies. The studies are managed by United Nations Environment in collaboration with the Office of the Chief Scientist, Steven Hamburg of the Environmental Defense Fund. Funding was provided by the Environmental Defense Fund, OGCI Companies (Shell, BP, ENI, Petrobras, Repsol, Total, Equinor, CNPC, Saudi Aramco, Exxon, Oxy, Chevron, Pemex) and CCAC.

Discover the booming oil inventory management market! This comprehensive analysis reveals key trends, growth drivers, and leading companies shaping this $15B+ sector. Learn about market size projections, regional analysis, and top software solutions for efficient oil inventory control.

The Oil Inventory Management System market is booming, driven by technological advancements and stricter regulations. This analysis reveals market size, growth projections (2025-2033), key players, and regional trends. Learn about optimizing oil inventory with cutting-edge solutions.

Dataset

This dataset was created by MphoGodfreyNkadimeng

Contents

The size of the Inventory Management in Oil and Gas market was valued at USD XXX million in 2024 and is projected to reach USD XXX million by 2033, with an expected CAGR of XX % during the forecast period.

Learn more about the Inventory Management In Oil And Gas Market Report by Market Research Intellect, which stood at USD 3.45 billion in 2024 and is forecast to expand to USD 6.78 billion by 2033, growing at a CAGR of 8.2%.Discover how new strategies, rising investments, and top players are shaping the future.

This dataset consists of a high-resolution (0.01o × 0.01o) oil and gas methane emission inventory for the Permian Basin, developed at Environmental Defense Fund (www.edf.org). The Permian Basin in western Texas and southern New Mexico is the largest oil producing basin in the U.S., accounting for more than 40% of national oil production in 2021. It is also the nation's largest methane emitting basin, with recent measurement-based estimates of more than three million metric tons per year. Here, we develop an improved inventory of oil and gas methane emissions for the Permian Basin, based on recent facility-scale measurements and updated oil and gas activity data for the year 2021.

Full details for the oil and gas methane emission inventory development and key results can be found in the following journal paper, which is under review at Earth System Science Data journal.

Please cite the paper when using the methane inventory dataset:

Omara, M., Gautam, R., O'Brien, M.A., Himmelberger, A., Franco, A., Meisenhelder, K., Hauser, G., Lyon, D.R., Chulakadaba, A., Miller, C.C., Franklin, J., Wofsy, S., and Hamburg, S.P. Developing a spatially explicit global oil and gas infrastructure database for characterizing methane emission sources at high resolution. In review, Earth System Science Data journal (2023).

Points of Contact at Environmental Defense Fund: Mark Omara (momara@edf.org) and Ritesh Gautam (rgautam@edf.org).

Stocks of crude oil in the United States increased by 2.77million barrels in the week ending November 21 of 2025. This dataset provides the latest reported value for - United States Crude Oil Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Projecting future-year emission inventories in the oil and gas sector is complicated by the fact that there is a life cycle to the amount of production from individual wells and thus from well fields in aggregate. Here we present a method to account for that fact in support of regulatory policy development. This approach also has application to air quality modeling inventories by adding a second tier of refinement to the projection methodology. Currently, modeling studies account for the future decrease in emissions due to new regulations based on the year those regulations are scheduled to take effect. The addition of a year-by-year accounting of production decline provides a more accurate picture of emissions from older, uncontrolled sources. This proof of concept approach is focused solely on oil production; however, it could be used for the activity and components of natural gas production to compile a complete inventory for a given area.Implications: The Uinta Basin has unique atmospheric chemistry regimes during the winter that create ozone concentrations far exceeding those in the largest U.S. cities. This is also an area of complex regulatory authority shared among state, tribal, and federal agencies. This research accounts for regulations that are currently being implemented, and ties the effect of those regulations to emission factors used to estimate future-year inventories. This approach holds promise for future-year projections of oil and gas inventories for the region by providing a more representative life cycle of oil and gas emissions, including the disproportionate impact of older, uncontrolled sources.

This data set contains links to the Gulf of America Region Oil and Gas Operations Report (OGOR-C) Product Sales/Inventory from Facility (1985-Present).

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Oil And Gas Storage Service Market Size 2025-2029

The oil and gas storage service market size is forecast to increase by USD 4.62 billion, at a CAGR of 5.6% between 2024 and 2029.

The market is driven by the increasing global demand for oil and gas, necessitating the expansion of storage capacity to accommodate growing inventories. A notable trend in the market is the adoption of solidification technology for natural gas storage, enabling the efficient and safe storage of large volumes of natural gas. However, the market faces challenges due to the volatility in oil and gas prices, which can impact the profitability of storage projects. Natural gas and crude oil storage systems enable power plants to maintain a steady supply of fuel during peak load periods and unexpected outages. Companies specializing in oil and gas tank storage, LNG storage and regasification, and CNG storage are actively seeking innovative solutions to optimize their operations and mitigate the risks associated with price fluctuations.
Additionally, the development of floating storage and regasification units (FSRUs) offers opportunities for expansion into new markets and the provision of flexible storage solutions to meet the evolving energy demands of industries and consumers. In the power sector, oil and gas storage solutions are indispensable for peaking and backup power generation.

What will be the Size of the Oil And Gas Storage Service Market during the forecast period?

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The market encompasses various solutions, including asset management, underground and above-ground storage options, and cryogenic storage. Technology adoption in this sector is on the rise, with digital twins and advanced safety systems, such as pressure relief valves, explosion protection, and flame arrestors, becoming increasingly common. Compliance auditing and environmental permitting are crucial aspects of the market, ensuring adherence to safety performance metrics and environmental performance metrics. Storage capacity planning is essential for operational efficiency, with demand forecasting and vapor pressure control playing significant roles. Cost optimization is a key trend, driving the use of inventory turnover, safety training, and emergency drills.
Hazard analysis and gas detection are integral components of safety performance, while rupture disks and salt cavern storage offer enhanced safety and cost benefits. Market players focus on optimization and efficiency, with technology advancements in storage utilization rates and operational efficiency. Regulatory compliance and safety remain top priorities, with ongoing efforts to improve safety performance metrics and environmental performance metrics. 

How is this Oil And Gas Storage Service Industry segmented?

The oil and gas storage service industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Power plants
  Oil refineries
  Chemical plants
  LNG storage facilities


Service

  Storage services
  Ancillary services


Type

  Underground storage
  Aboveground storage


Geography

  North America

    US
    Canada


  Europe

    Russia


  Middle East and Africa

    Iran
    Qatar
    UAE


  APAC

    China
    India
    Singapore


  Rest of World (ROW)

By Application Insights

The power plants segment is estimated to witness significant growth during the forecast period. The market encompasses a range of essential solutions for pipeline infrastructure, terminal operations, and power plants. Pipeline infrastructure necessitates tank coatings, temperature monitoring, and leak detection systems to ensure the safe and efficient transportation of oil and natural gas. Terminal operations rely on railcar loading, level monitoring, and inventory management to facilitate the transfer of petroleum products between various modes of transportation. Data security is a growing concern, as digitalization increases the need for robust cybersecurity measures.

These facilities incorporate advanced technologies such as artificial intelligence (AI), big data analytics, and remote monitoring to optimize capacity utilization and improve energy efficiency. Environmental protection is a critical concern in the oil and gas storage industry, with fire suppression systems, vapor recovery systems, and corrosion control measures ensuring safety and minimizing the carbon footprint. Logistics and transportation, including marine loading and third-party logistics, streamline the movement of petroleum products and facilitate just-in-time delivery. Storage tank maintenance, tank cleaning, and risk management practices ensure the longevity and safety of storage facilities. Digital transformation and SCADA systems enable

API Crude Oil Stock Change in the United States decreased to -2.48 BBL/1Million in November 28 from -1.90 BBL/1Million in the previous week. This dataset provides - United States API Crude Oil Stock Change- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Manufacturers' Total Inventories: Mining, Oil, and Gas Field Machinery Manufacturing (U33DTI) from Jan 1992 to Aug 2025 about mining, inventories, oil, machinery, gas, durable goods, goods, manufacturing, industry, and USA.

Oil and natural gas wells are a prominent source of the greenhouse gas methane (CH4), but most measurements are from newer, high producing wells. There are nearly 700,000 marginal “stripper” wells in the US, which produce less than 15 barrels of oil equivalent (BOE) d−1. We made direct measurements of CH4 and volatile organic carbon (VOC) emissions from marginal oil and gas wells in the Appalachian Basin of southeastern Ohio, all producing < 1 BOE d−1. Methane and VOC emissions followed a skewed distribution, with many wells having zero or low emissions and a few wells responsible for the majority of emissions. The average CH4 emission rate from marginal wells was 128 g h−1 (median: 18 g h−1; range: 0– 907 g h−1). Follow-up measurements at five wells indicated high emissions were not episodic. Some wells were emitting all or more of the reported gas produced at each well, or venting gas from wells with no reported gas production. Measurements were made from wellheads only, not tanks, so our estimates may be conservative. Stochastic processes such as maintenance may be the main driver of emissions. Marginal wells are a disproportionate source of CH4 and VOCs relative to oil and gas production. We estimate that oil and gas wells in this lowest production category emit approximately 11% of total annual CH4 from oil and gas production in the EPA greenhouse gas inventory, although they produce about 0.2% of oil and 0.4% of gas in the US per year. Implications: Low producing marginal wells are the most abundant type of oil and gas well in the United States, and a surprising number of them are venting all or more of their reported produced gas to the atmosphere. This makes marginal wells a disproportionate greenhouse gas emissions source compared to their energy return, and a good target for environmental mitigation.

China Industrial Inventory: Petroleum & Natural Gas data was reported at 26.230 RMB bn in Sep 2018. This records a decrease from the previous number of 26.240 RMB bn for Aug 2018. China Industrial Inventory: Petroleum & Natural Gas data is updated monthly, averaging 28.460 RMB bn from Jan 2012 (Median) to Sep 2018, with 81 observations. The data reached an all-time high of 34.390 RMB bn in Nov 2013 and a record low of 20.340 RMB bn in Dec 2017. China Industrial Inventory: Petroleum & Natural Gas data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BC: Inventory: by Industry.

Version: GOGI_V10_2This data was downloaded as a File Geodatabse from EDX at https://edx.netl.doe.gov/dataset/global-oil-gas-features-database. This data was developed using a combination of big data computing, custom search and data integration algorithms, and expert driven search to collect open oil and gas data resources worldwide. This approach identified over 380 data sets and integrated more than 4.8 million features into the GOGI database.Access the technical report describing how this database was produced using the following link: https://edx.netl.doe.gov/dataset/development-of-an-open-global-oil-and-gas-infrastructure-inventory-and-geodatabase” Acknowledgements: This work was funded under the Climate and Clean Air Coalition (CCAC) Oil and Gas Methane Science Studies. The studies are managed by United Nations Environment in collaboration with the Office of the Chief Scientist, Steven Hamburg of the Environmental Defense Fund. Funding was provided by the Environmental Defense Fund, OGCI Companies (Shell, BP, ENI, Petrobras, Repsol, Total, Equinor, CNPC, Saudi Aramco, Exxon, Oxy, Chevron, Pemex) and CCAC.Link to SourcePoint of Contact: Jennifer Bauer email:jennifer.bauer@netl.doe.govMichael D Sabbatino email:michael.sabbatino@netl.doe.gov

Inventory Time Series for Energean Oil & Gas PLC. Energean plc engages in the exploration, production, and development of oil and gas. It operates through Europe, Israel, and New Ventures segments. The company's flagship project is the 100% owned Karish and Karish North projects located in Israel. It also offers financing services; carbon capture storage; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.