Positioning Master Data Management for Success

Similar documents
Innovative Solutions Across the E&P Lifecycle. ACCESS EXPLORATION APPRAISAL DEVELOPMENT PRODUCTION

Industry and Regulatory Cooperation for Better Information

M&A Technical Assessments

Dr. William Whitsitt President Domestic Petroleum Council. Advances in Technology: Innovations in the Domestic Energy and Mineral Sector

For personal use only

Reservoir Management

OILFIELD DATA ANALYTICS

Geosteering Workflow Considerations of How and Why?

Course Specifications

Tomorrow's Energy Designed Today TECHNOVA

Status of the CSPG Digital Geological Atlas of Canada Project Ben McKenzie

Hague and London Oil Plc

Well Status & Classification

Company Profile. Experience. Expertise. Technology.

Networking Event for the Oil and Gas Industry

ADVANCED DRILLING AND WELL TECHNOLOGY

INTERNATIONAL OIL AND GAS CONFERENCE IN CHINA OPENING PLENARY SESSION OPPORTUNITIES AND CHALLENGES IN A VOLATILE ENVIRONMENT, BEIJING, JUNE 2010

For personal use only

Boreal Forest Alberta, Canada

Technical Data Standards Development & Implementation

Future of the Ocean Economy

We ll Get You There. Petroxin Petroleum Solutions 2016

SPE Annual Caspian Technical Conference and Exhibition

RAJA TAHIR SULTAN Islamabad. H/P: xxxx

Unlocking future growth for deepwater in the Gulf of Mexico

MODULE 5 ACCOUNTING FOR EXPLORATION, DRILLING AND DEVELOPMENT COSTS

For personal use only

Canadian Discovery Ltd.

3 International Conference on Gas, Oil and Petroleum Engineering

Managing Well Integrity Data in a Growing Company. Rob Noble P.Eng. Drilling & Completions Laricina Energy Ltd.

PROSPEX. UKCS Exploration & Appraisal Status. Gunther Newcombe Director Operations. December 2016

ASX ANNOUNCEMENT (ASX: BRU) 4 May 2011

A. BACKGROUND B. GENERAL TERMS OF REFERENCE

Applying Earned Value to Overcome Challenges. In Oil and Gas Industry Surface Projects

Kinetiko Energy Limited ACN:

OIL AND GAS ENGINEERING GUIDE BOOK

Operating Cost Optimisation: Importance & Approach

BUILDING VALUE THROUGH WORLD CLASS ASIAN ASSETS AGM, 5 SEPTEMBER 2018

The Society of Petroleum Engineers in the world we live in. Mr. Egbert U. Imomoh 2013 President In Dallas September 2013

For personal use only

Potential Hazards of Horizontal Drilling and Recovery of Natural Gas & Oil from Tight Shale Formations in Areas of Historical Oil & Gas Development

Represented a Russian State oil company on its acquisition of an interest in Russian upstream acreage and the related joint venture.

2018 Tulane Engineering Forum

Oil and Gas Course Descriptions

Subsea Field Development

Overview of the C-NLOPB and the Can-NL Offshore Oil and Gas Industry. Sean Kelly MA, APR, FCPRS May 15, 2017

The petroleum industry, internationalisation, 11 and technology development. Industry development and internationalisation

Oil & Gas Offshore. Industry challenges in deepwater discover

Gas Technology Review. Reach over 30,000 gas professionals worldwide

For personal use only

For personal use only

Media Release October 5 th, 2010

Proposed Reverse Takeover by Warrego Energy Limited and AIM Listing. David Casey Managing Director & CEO

Oil and Gas Operations in an Urban Environment: Challenges and Opportunities

Company profile... 4 Our Teams... 4 E&P Software Solutions Software Technical and Software Support Training...

Brae Area Pre Decommissioning MARATHON BRAE. Brae Area Decommissioning Programme. June Revision 1.0

For personal use only

Upstream Petroleum Contracts, Accounting & Auditing Policies and Procedures

Integrated approach to upstream decision making. London January 2010

Income Determination in the International Petroleum Industry

Vancouver Small-Cap Conference Blackbird Energy Inc. BBI TSX Venture Liquid Rich Bigstone Montney

ITF Subsea Processing Initiative. Ian McCabe - Technology Project Team Leader

Be a Differentiator in Management of Well Integrity and Risk for Deepwater O&G Wells

Quicksilver Resources Canada Inc.

Energy Investors Prospect for the Next Big Thing

FAR in the MSGBC Basin

CNPC CNPC Upstream Current Status & Strategy

Gas Storage and Oil & Gas Exploration in County Antrim

SEAM Pressure Prediction and Hazard Avoidance

Horizontal Well Artificial Lift Consortium (TUHWALP) Progress and Activity Summary

7th International Pipeline Conference September 29-October 3, 2008, Calgary, Alberta, Canada

Tony Owen, Subsea and Pipelines Decommissioning Delivery Manager AOG February 2017

NCS Prospects Conference

OFFSHORE DRILLING AND PRODUCING TECHNOLOGY. By Petroleum Engineer Publishing

Technology for a better society. Foto: Gunnar Sand

Stewardship. Expectations. SE-06 Production Optimisation Implementation Guide

Is Yesterday s Unconventional Tomorrow s Norm?

Developing Energy in Western Newfoundland

MULTI-YEAR AREA-BASED PERMITTING (MYAB) PROPONENT GUIDE for MINERAL and COAL EXPLORATION

Annual General Meeting 11 September 2017

Petroleum Production Systems (2nd Edition) PDF

QUARTERLY ACTIVITY REPORT

CRIRSCO and evolving international accounting standards: IFRSs

Shell Project Delivery Best Practices Dick L. Wynberg, GM NOV Projects Integrated Gas Shell Global Solutions International B.V

WHITE ROSE OILFIELD COMPREHENSIVE STUDY REPORT SUBMITTED BY:

OVERVIEW OF THE UPSTREAM PETROLEUM INDUSTRY

Discovering and developing quality oil prospects in the Western Canadian Sedimentary Basin Corporate Presentation September 2011 TSX-V: PDO

Show. Updates March Kuala Lumpur, Malaysia otcasia.org #otcasia #derrickandsoo

Mature Field Optimisation

Degree Requirements

For personal use only

The Right Place. The Right Time. The Right People. Production and Maintenance. and Maintenance. G&G and Petroleum Engineering

Oklahoma City Data Management Workshop

The world s largest oil discovery Melbourne Mining Club Cutting Edge Series 15 March 2016

A Case for Nanomaterials in the Oil & Gas Exploration & Production Business

Is data the new currency? Unconventional operators go digital to help improve well productivity & operating efficiencies

Oil and Gas Training and Competency Development. Developing expertise to efficiently meet key industry challenges

Husky s Focus on East Coast Exploration and Production

3D Oil Limited Accelerated Growth Strategy

The world s largest oil discovery since Resources Rising Stars 24 th & 25 th May 2016 Gold Coast, Queensland

Transcription:

Positioning Master Data Management for Success PPDM Association October 2010 1 Yogi Schulz Biography Partner in Corvelle Consulting Information technology related management consulting Microsoft Canada columnist & CBC Radio host PPDM Association board member Industry presenter: Project World - 4 years CIPS Informatics - 7 years PMI - Information Systems SIG - 2 years Convergence - 4 years PPDM Association - several years 2 Positioning MDM for Success 1

Presentation Outline Objectives Release Strategy MDM Scoping Themes Conclusions Recommendations 3 Presentation Objectives Understand key considerations in scoping an MDM program for success Illustrate how to build an effective MDM release strategy 4 Positioning MDM for Success 2

Global Vision - Local Focus 5 Benefits of Frequent Release Strategy Earlier delivery of benefits Maintain organization commitment to the MDM program Adapt MDM program more quickly when business priorities change Smaller, more manageable number of components per release Impact of an unsuccessful release smaller 6 Positioning MDM for Success 3

Release Strategy Comparison More, shorter releases Start 1 2 3 4 Year 1 Year 2 5 6 Fewer, longer releases 1 2 Elapsed time to first function: Cost Number of an unsuccessful of plan adjustment release: opportunities: 91 days vs. 365 days x vs. 2x 6 vs. 2 7 MDM Scoping Themes Geographic Area Coverage Reservoir Type Coverage Functionality Features Asset Life Cycle Coverage Criteria Business benefit Complexity 8 Positioning MDM for Success 4

Continent Americas Europe Geographic Coverage of MDM Geographic Area Name Benefit Complexity Middle East Basin <basin name> Core property <property name> 9 Conventional Oil Reservoir Type Coverage of MDM Reservoir Type Name Benefit Complexity Natural Gas Natural gas by-products Unconventional Shale gas Coal bed methane Mineable oil sands 10 Positioning MDM for Success 5

Functionality Features of MDM Functionality Feature Name Benefit Complexity Terminology Versioning Data quality Common reference values Common business rules System of record Aggregation/Hierarchy Data stored once; used many times Data life cycle management 11 Asset Life Cycle Coverage of MDM Asset Life Cycle Name Benefit Complexity Opportunity inventory Geology and prognosis AFE and cost tracking/reporting Surface and mineral land Regulatory and compliance Well design and construction Drilling and completion Facilities and pipeline construction Operation and work-over Abandonment and reclamation 12 Positioning MDM for Success 6

I n cr e a s i n g B en e fi t 1 3 Prioritizing MDM Releases 2 4 Increasing Complexity 13 Invisible vs. Valuable Releases Application Application Application Application ETL Layer Master Datastore ETL Layer Source Datastore Source Datastore Source Datastore Source Datastore 14 Positioning MDM for Success 7

Conclusions Potentially huge MDM programs require: Local focus Frequent release strategy Focus on high benefit, low complexity MDM releases first to: Deliver earlier benefits Maintain organization commitment 15 Recommendations Deliver a sliver in each release Plan MDM programs using this approach 16 Positioning MDM for Success 8

Questions & Discussion Please fill out evaluation form Can you help us position MDM for success? 17 Yogi Schulz Partner of Corvelle Consulting Information technology related management consulting Microsoft Canada columnist & CBC Radio host Industry presenter PPDM Association board member Positioning Master Data Management for Success Corvelle Consulting 300, 400-5 Ave. S. W. Calgary, Alberta T2P 0L6 Phone: (403) 249-5255 E-mail: YogiSchulz@corvelle.com Web: www.corvelle.com 18 Positioning MDM for Success 9

Business Department Maturity Business Department Name Sponsor Staff Administration Geology Geophysics Petrophysics Exploitation engineering Well log analysis Drilling and completions Reclamation Reservoir modelling 19 Bibliography E&P Prospect to Spud Life Cycle Solution ESRI Petroleum User Group 2010 http://proceedings.esri.com/library/userconf/pug10/papers/sa msons_integrated_prospect_to_spud_well_lifecycle_managme nt_system.pdf The International Conference on Information Quality (ICIQ) http://www.iciq2010.org/ MIT IQ Industry Symposium (IQIS) http://www.eriqlab.org/mit/index.html Monetizing Data Management http://erwin.com/uploads/erworld/monetizing%20data%20ma nagement_09162010.pdf 20 Positioning MDM for Success 10

Bibliography P2 Energy Solutions - integrated well lifecycle management tools http://www.p2energysolutions.com/well-lifecycle PPDM master data at heart of Oracle s Digital Oilfield - February 2008 http://www.ppdm.org/community/ppdm_data_at_he art.html Staying Relevant in Today s Changing Data Management Environment http://erwin.com/events/detail/staying_relevant_in_t odays_changing_data_management_environment/ 21 22 Positioning MDM for Success 11