Master Data Management and Subsurface Cloud Considerations on Agenda for PPDM Virtual Forum - Katalyst Data Management

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Master Data Management and Subsurface Cloud Considerations on Agenda for PPDM Virtual Forum

Data Management Forum

Katalyst Data Management will be presenting at the PPDM September Data Management Forum, a virtual event with three days of talks covering everything from OSDU to master data management and seismic cloud storage.  We are excited to also be a forum sponsor and participating in the Calgary Leadership Team that will facilitate the OSDU panel discussion on the first day.  The virtual event will take place on September 29 – October 1, 2020.

The PPDM September Data Management Forum is organized by the Professional Petroleum Data Management Association as a way to bring the data management community together virtually for educational and informative sessions. Focused on a variety of themes, the half day sessions highlight interesting topics in the seismic and well data management industry.  The event is organized by the PPDM Calgary Leadership team.  Sue Carr and James Lamb will be presenting the following talks at live the event:

Domain Master Data Management – What’s in It For Me?
Wednesday, September 23 at 9:20am MT

Sue Carr (Katalyst Data Management)
Floy Baird (dataMatters Consulting)

Master data management (MDM) allows energy companies to track and manage their corporate assets (wells, facilities, seismic) across an organization and as an industry. MDM is not a project, MDM is not an application or a process. Geoscience is a specialty area, with spe-cialized applications and data that enable the geoscientists to produce great work.

Managing geoscience data has traditionally been done within the walls of the operating oil companies, and typically our best data is stored within applications. Data management has historically been the scary monster under the bed, that no one wants to deal with. Success has been achieved with an army of people, scurrying about to manage the data. Over the last five years the industry has changed fundamentally, and data management staff have been decimated.

The industry needs to react to these changes as an opportunity to tackle the scary monster under the bed. What could domain MDM be for geoscience, the components that go into MDM, the risks and the rewards. This talk will explore MDM, and begin to create an operational roadmap for MDM from a geoscience perspective. Definitions of domain MDM are different, depending on the functional area you work in.

Some areas, like accounting, have had the practice of MDM integrated into their business models for quite some time. It’s a part of their data practices, legislated by GAPP and Sarbanes Oxley. How accounting defines their MDM roadmap will not be how geoscience defines their MDM roadmap.

Domain MDM must reflect their specific needs to be fit-for-purpose within that domain. There are many types of data in organizations; analytical (which is the exciting kind, all the current buzz), transactional (real time data being collected constantly), and operational data (transactional data that is managed). These are the data building blocks of domain MDM, which then uses the common, critical business “objects/concepts” across business landscape to create that single version of the truth.

This talk will set the foundation for MDM and discuss benefits to geoscience workflows. A practical five step approach will be discussed.

The Canadian Well Identifier, Not Your Daddy’s UWI
Wednesday, September 23 at 11:55am MT

Sue Carr (Katalyst Data Management)
Floy Baird (dataMatters Consulting)

It’s 1965, and a new standard is being rolled out in the Canadian Petroleum industry. Designed by industry, for industry and adopted as a standard by the Canadian Petroleum Association (CPA), it became known as the CPA UWI (unique well identifier). In 1965, Lester B. Pearson is the Prime Minister of Canada, the most popular vehicle is the Ford Mustang GT 350 that could be purchased for around $2500.00 and power steering was becoming a standard on all vehicles.

The big names in the energy section include Amoco, Gulf Canada, Dome Petro-leum, HBOG, Canadian Pacific Oil and Gas. Artifacts of those great companies still exist in our vast data stores. In 1965 we worked primarily on paper, with well files and paper maps. About this time, we are testing cyclic steam in the “Tar” sands. The predominate well profile was a single vertical borehole, and the CPA UWI was the standard identifier used by all disciplines, across the well’s life, from licensing to the end of life.

Look how far the industry and technology has come, hand-in-hand together. The CPA UWI is a descriptor by nature, tied to the bottom hole of the borehole and because of its descriptive nature gives us immediate valuable information. This won’t change. But, let’s have the conversation about change, how many of us are still driving that Ford GT 350, using the same fridge from 1965, sporting the same haircut, using a mainframe computer with cooling agents in a locked room?

Wells are critical assets for energy companies, and well data represents our understanding of the subsurface, the rocks, the steel and equipment buried deep underground – a view into those hidden aspects. Since 1965, our technology has changed, how we drill wells has changed and yet the unique well identifier (UWI), designed and implemented 55 years ago, has not changed. In 2020, the industry requires an identifier that will address the way we do business today, the way we drill wells today. This discussion will explore those business requirements driving the necessity of this change, focusing on answering why we might want to add a new well identifier to our tool belt.

Are You Considering the Cloud?
Thursday, October 1, 11:25am MT

James Lamb (Katalyst Data Management)

We are currently witnessing a huge disruption in the oil and gas industry. Producers, who have traditionally been reluctant to cede control of their data to third parties, are now rapidly moving to articulate digital strategies which include moving vast amounts of data to the commercial cloud. These initiatives are already well underway at some of the largest oil and gas companies in the world, leaving others to question whether they are getting left behind.

This talk will look at the drivers behind this radical change to how producers approach their data and IT infrastructure, the perceived benefits to going to the cloud, and what they are finding as they make the journey. Finally we will summarize the key questions and considerations that companies need to think about as they assess a journey to the cloud.