This can instead be done one and then updated periodically to account for new entries or fields. Paying an employee or professional's salary to do simple data entry work is no longer necessary. Translation capabilities between PetroXML and the EDI language, X12 allow EDI operators and vendors to send and receive data between non-EDI users. The technological expertise and level of investment that is required for an oil and gas company to participate in B2B electronic commerce is not insignificant. However, recent technological developments have given rise to a highly efficient business model.
Companies interact with one another by sending paper forms or using web browser forms.
Workflow is manual. As illustrated in Figure 3 at right, PetroXML adapters provide the connection for data moving between the Internet and a companies back-office system. Workflow is controlled and automated by the application service provider. In general, applications are affordable, making them accessible to companies of all sizes without burdening the information technology department or constantly upgrading as advancements make a product obsolete. The ASP model keeps costs down by centralizing the software.