The Petroleum Industry Data Exchange (PIDX) has been in operation for over 25 years and is the e-Business Standards Body for the Oil & Gas industry. PIDX provides a global forum for delivering process, information and technology standards that facilitate seamless, efficient electronic business within the global energy industry and its trading community.

 

PIDX’s vision is to achieve petroleum industry and enterprise-wide integration of business processes through seamless electronic business communication, and in order to achieve this, serves both the upstream and downstream segments of the Oil & Gas industry. The upstream segment encompasses oil and gas exploration and extraction – from the reservoir and well, to the refinery gate. The downstream segment encompasses the refining of oil and gas products and eventual sale to consumers. These two sectors of the energy industry – operating all over the world in a multitude of languages, environments and cultures – involve highly complex business processes and practices. So, the implementation of uniform electronic commerce standards is of utmost importance to the industry, yet very difficult and time consuming to achieve. The goal of PIDX is to bring solutions to these problems.

 

Actian Business Xchange has participated in many PIDX initiatives over the years, and joined PIDX as a full member in 2011. The team plans to continue contributing to PIDX’s efforts for many years to come.

 

The mission of PIDX is to develop and publish technology, information and business process standards that enable the implementation of electronic commerce in the energy industry worldwide. PIDX provides a forum for all industry participants to participate in the development of business processes and technology standards that facilitate seamless, efficient electronic commerce within the petroleum industry and its trading community. These actions promote the common business interests of its members: Operators, Oil Field Service Companies, and members like Actian and other IT solutions providers. PIDX members work in partnership with the petroleum industry as a whole by developing and making such standards available and improving the capabilities of each member of the petroleum industry and its trading community to do business with each other.

 

History of PIDX (1987 to 2013)

In 1987, The American Petroleum Institute (API) created The PIDX Committee, which served as a standards committee that developed and published standards to facilitate the adoption of electronic commerce (e-commerce) in the Oil & Gas industry. Implementation of electronic commerce in the petroleum industry has generated – and continues to generate – substantial cost savings and efficiencies for the industry, allowing savings and benefits to be passed on to consumers. The PIDX Committee’s electronic commerce standards have historically been made available free of charge to all industry participants.

 

In 2010, API decided to stop hosting the operations of the PIDX Committee, and sought requests for proposals from interested standards bodies and other entities that could best carry out the Committee’s nonprofit mission.

 

A new corporation formed by members of the PIDX Committee, called Petroleum Industry Data Exchange, Inc. (PIDX, Inc.), won that selection process and was selected by API to continue the Committee’s mission.

 

PIDX, Inc. will continue to develop e-commerce standards for the benefit of all industry participants and to make these standards available free of charge. Unlike the Committee, PIDX, Inc. is a standalone corporation controlled by its members, and not connected to API. PIDX, Inc. has obtained 501(c)(6) status as a trade association so it may perform independently the same tax-exempt mission that was formerly carried out under the auspices of API.

 

For more information on PIDX please visit http://www.pidx.org/about.htm

Operators, Suppliers, and Third Party Portal providers are cutting costs by exploring and adopting new technologies to make the AP/AR process more efficient. To help with this effort, several organizations have mandated that suppliers conform to standards such as PIDX, for streamlining the data transfer of Field Tickets, Orders, Invoices, Payment Remittance, and a myriad of other documents.

 

The PIDX standard, used in combination with Pervasive B2B Integration Methodologies, helps organizations realize these efficiencies and cost savings up to 70% faster than non-standardized B2B integration methodologies.

 

The PIDX standard offers savings for the internal IT team responsible for implementing, automating, and supporting AP/AR systems. It also helps to reduce the DSO/DPO gap.

 

Actian utilizes a wide range of PIDX standards and schemas. Actian Business Xchange customers have onboarded suppliers 80% faster as a result of Actian Business Xchange’s solutions for Operators, Suppliers and Third Party Portal Providers that adhere to PIDX standards.

 

For a full list of the PIDX standards that Actian Business Xchange supports, click below.

 

http://www.pidx.org/standards.htm

In 2002, PIDX released the first version 1.0 of the RP3901 standards, which included XML schemas, implementation guides, business process guidelines, and a data dictionary that would facilitate automated transmission of B2B documents between Oil & Gas Operators, Suppliers and their Third Party Portal Providers.

 

Since that time, PIDX has released updates to this standard as 1.2, 1.3, “Feb 2006”, and “Sep 2007”. Most of the changes in these later versions involve the addition of new documents types to the schema set which means that AP and AR teams can reduce the need for paper versions of documents, such as Quotations and Order Delivery Docs, right through to Remittance Advice Notes.

 

In 2013, PIDX will release the PIDX 2.0 standard which will extend the variety of documents supported, and provide the following benefits:

  • Changes to schema structures to make future versions of the standard easier to integrate and adopt
  • Better error-handling and correction of errors in schemas
  • Clearer annotations for tag usage
  • Deprecation of unused or obsolete portions of existing schemas
  • Updated and restructured implementation guide to help new PIDX users

As part of the committee responsible for the development and launch of PIDX 2.0, Actian Business Xchange has taken up a key technical position on the PIDX 2.0 Development Committee at PIDX.

PIDX has developed and rolled out schema’s for the following document types that are supported by Actian Business Xchange:

  • AdvancedShipNotice
  • BillOfLadingCreate
  • BillOfLadingResponse
  • CementingTemplate
  • CustodyTicket
  • FieldTicket
  • FieldTicketResponse
  • Invoice
  • InvoiceResponse
  • OrderChange
  • OrderCreate
  • OrderResponse
  • OrderStatusRequest
  • OrderStatusResponse
  • PipelineNominationChange
  • PipelineNominationCreate
  • PipelineNominationResponse
  • PipelineSchedule
  • Quote
  • QuoteNotification
  • QuoteRequest
  • Receipt
  • RequestRequisitionReturn

For a full list of PIDX standards visit

 

http://www.pidx.org/standards.htm

Oil & Gas Operators prefer using PIDX standards in combination with Actian Business Xchange solutions for a number of reasons:

  • Faster integration of B2B document exchange with Suppliers
  • Improved P2P management
  • Reduction in Days Payables Outstanding (DPO)
  • Quick Supplier enablement and onboarding
  • Significant cost savings over traditional EDI
  • Reduced IT costs
  • Increased uptime reliability

Oil & Gas Suppliers prefer using PIDX standards in combination with Actian Business Xchange solutions and proven enablement and onboarding methodologies for a number of reasons:

  • Faster integration of B2B document exchange with Operator Clients
  • Quick Operator enablement and onboarding
  • Reduced Integration costs
  • Better cash flow management, with fewer late or rejected invoice surprises due to PIDX standard schema quality
  • Improved Order to Cash cycle management
  • Reduction in Days Sales Outstanding (DIO)
  • Significant cost savings over traditional EDI
  • Reduced IT costs
  • Increased uptime reliability

Third Party Portal Providers prefer using PIDX standards in combination with Actian Business Xchange solutions and proven enablement and onboarding methodologies for a number of reasons:

  • Faster integration of B2B document exchange with Operator and Supplier clients
  • Quick Operator enablement and onboarding
  • Reduced Integration Costs
  • Better cash flow management, with fewer late or rejected invoice surprises due to PIDX standard schema quality
  • Improved Order to Cash Cycle management
  • Reduction in Days Invoices Outstanding (DIO)
  • Significant cost savings over traditional EDI
  • Reduced IT costs
  • Increased uptime reliability

PIDX holds a number of conferences and work group meetings throughout the year. Actian Business Xchange works to support all PIDX events. Actian Business Xchange invites you to attend a PIDX event or conference to discuss the best type of solution to your B2B challenge.

 

Upcoming PIDX Conferences include: 
PIDX U.S. Spring Conference
Location: The Westin Houston, Memorial City, Houston, TX
Date: April 9, 2015 

Sponsored by ConocoPhillips

Register at: http://www.pidx.org/events/us-spring-conference-2015/

 

PIDX EU Conference
Location: RAC Club, London
Date: June 3, 2015

Sponsored by Phillips 66

Register at: https://pidxeuropespringconf2015.eventbrite.com/ 


http://www.pidx.org/future-meetings.htm

As active members and supporters of PIDX, Pervasive has worked with PIDX International on a number of joint press releases:

 

Pervasive Software Presents at PIDX Oil and Gas Big Data and Data Analytics Conference

Pervasive Software announced Jim Falgout, chief technologist for Pervasive Big Data and Analytics Products, will present at the Petroleum Industry Data Exchange (PIDX) Inc. Fall Conference 2012 on big data and data analytics within the global oil and gas industry, taking place September 13 at the Four Oaks Place in Houston, Texas.

 

September 6, 2012

 

Pervasive Business Xchange Presents at PIDX International Europe Spring Conference

Pervasive Software announced Daryl Fullerton, Oil & Gas Industry Principal for Pervasive Business Xchange, will present at the PIDX International Europe Spring 2012 Conference, taking place May 31 at the Royal Automobile Club in London.

 

May 29, 2012

 

Pervasive Software Joins PIDX to Promote Oil & Gas eBusiness Standards, Presents at Spring Conference 2012

Pervasive Software is proud to announce its membership in the Petroleum Industry Data Exchange (PIDX), an organization that provides a global forum for delivering the business process, information and technology standards that facilitate seamless, efficient electronic business within the oil and natural gas industry and its trading community.

 

March 26, 2012

Suppliers

Customer Onboarding
Order-to-Cash Documents
     

Operators

Supplier Onboarding
Procure-to-Pay Documents
     

Portal Providers

Trading Partner Onboarding
Supply Chain Documents