Electronic Data Interchange (EDI) allows businesses to effectively communicate and process business transactions electronically. This is no different for the deregulated, multi-player energy market, in which accurate and rapid data communication is critical. DataTrans EDI is the ideal solution for the secure exchange of information between all types of utilities and petroleum-related trading partners.
Many states have mandated that utility companies use EDI technology to send enrollments or to receive meter readings from transmission and distribution providers. However the cost of developing that technology to meet compliance in one state, let alone address inter-state transactions, is prohibitive. Many companies are increasingly seeing the benefits of outsourcing this process. DataTrans Solutions has the expertise and experience to assist with the considerable data and transaction processing capabilities required. This includes the establishment of communication channels, transaction sets, management of transmissions, trading partner support, integration with a company’s back end system, translation and mapping services, and error resolution.
GISB EDM Gas Industry Standards Board Electronic Delivery Mechanism) standards require that all transaction data be exchanged in a standardized format (ANSI X12). These standards also specify the Internet communication protocol used to exchange the files electronically.
NAESB (North American Energy Standards Board). DataTrans will assist companies in implementing NAESB EDM for the reliable, secure exchange of transactions over the Internet between gas and electric utilities trading partners. There are several methods of communication that can be implemented including:
EDI allows companies in the oil and gas industry to share resources for greater efficiency and productivity, especially in cooperation with their suppliers. Our experience in this sector includes working with oilfield service companies and suppliers, establishing communication channels and ensuring compliance to industry standards.
PIDX (Petroleum Industry Data Exchange), the Electronic Commerce Committee of the American Petroleum Institute (API). API is the national trade association that represents all aspects of America’s oil and natural gas industry. PIDX’s mission is to develop Global Energy Business Standards for the oil and natural gas industry and its trading partners. API has recommended numerous XML Schema files that define the allowable data structures for a variety of transactions that apply to the oil and gas sectors:
PIDX has also developed an extensive library of EDI X12 standards which are still being used to support these sectors:
Let DataTrans handle all of your EDI needs with our DataTrans WebEDI, Hosted EDI or EDI Software Solutions. For more information or to speak to a sales representative, please contact us.