Aggregating and Managing Well Head Data to Drive Further Investment Decisions

A session at Aggregating and Managing Well Head Data to Drive Further Investment Decisions

Thursday 20th June, 2013

3:00pm to 4:00pm

Today, multiple IT Systems support the various stages of an asset’s lifecycle – whether it is appraisal, development, drilling and completion, reservoir management, operations management and planning, production optimisation, HSE and Support Services. The well goes through this lifecycle and changes characteristics (location, ID, physical composition, depth, crew, etc.), which are all key data aspects to maintain and manage.

With the myriad of systems deployed, there is a real need and challenge to aggregate the data generated into a single view of the well assets across locations, the business associates involved, their staff and equipment. Linking these to production and sub-surface reservoir data drives further investment decisions and real-time processes such as crew allocation, royalty payments from production-sharing agreements, safety and environmental inspections, maintenance and overall production planning.

This webinar explores some key challenges around managing well head and associated information, and outlines the ways Informatica works with our clients to address these key issues:

• Single view of a single domain across all CRM, ERP, well/reservoir visualisation systems etc. – resulting in process and reporting integrity.

• Single “integrated” relationship view between parts, wells locations, equipment, area, crews, and business associates – for accurate reporting.

• In-depth understanding of financial risk due to integrated view of production inputs from legacy operational and analytical systems.

• A “ready-to-go” repository of trusted information when M&A, regulatory audits occur or a legacy system is upgraded.

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Time 3:00pm4:00pm GMT

Date Thu 20th June 2013

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