Master Upstream Energy Data Management to Optimize Operations and Minimize Risk
Forward-thinking upstream oil and gas operators are reinventing themselves to adapt to the rise of the digital oil field and manage through difficult market conditions that threaten to squeeze profits. Digital oil fields enable oil and gas companies to gather more upstream energy data, more often, and at every stage of the upstream process.
But the data they depend on for upstream operations—data on well heads, equipment, sites, suppliers, projects, business associates, cost centers, and employees—is typically of poor quality. Upstream energy data can be inaccurate and inconsistent across multiple systems, which leads to delayed projects, underutilized production capacity, missed revenue opportunities, runaway costs, and regulatory noncompliance. To surmount these obstacles, oil and gas companies require advanced technology for energy data management.
The Informatica Solution for Upstream Energy Data Management
The Informatica solution for upstream energy data management allows you to optimize upstream operations from exploration through production and minimize non-compliance risk and penalties. It provides a trusted 360-degree view of a well head, which includes the location, equipment and parts used, suppliers, and crews involved.
With this solution, you can:
- Optimize your upstream operations with more accurate upstream energy data
- Improve upstream energy data management with visibility into the relationships among wells, locations, equipment, and crew
- Identify growth opportunities with more accurate profitability reports
- Minimize non-compliance risk and penalties by quickly producing more accurate regulatory reports with energy data management
- Reduce operational costs including drilling, maintenance and safety by eliminating time spent searching manually for upstream data
- Improve royalty and rights management with visibility into legal hierarchies and SLAs
Key Capabilities of Upstream Energy Data Management
Unlike other solutions on the market, only the Informatica solution for upstream energy data management offers a flexible data model that adapts to evolving business requirements, enables faster implementation, and accelerates time to value.
The Informatica solution for upstream energy data management is based on the Informatica Platform and features the following capabilities:
- Flexible data model for all business-critical upstream energy data
- Flexibility to extend the data model to meet evolving business requirements for energy data management
- Visualization and pre-defined relationships to provide a 360-degree well-head view including location, equipment, parts, and crew
- A dashboard for business decision-makers and data stewards to maintain customer data and ensure effective energy data management
- Integrated data quality management to continuously maintain the trustworthiness of upstream energy data, correct errors, and eliminate duplicates
- Industry-leading enterprise data integration to efficiently move upstream energy data to and from applications, including CRM, ERP, well/reservoir visualization, production surveillance and BI, whether they are on premise or in the cloud