Current Situation
Oil field operations is currently managed using spreadsheets or systems that have become silos of data that should be integrated for a wider and deeper perspective about the oil field
Goals and Objectives
An integrated production environment is needed to add land, economics and other applications to present a holistic view of all of the functions of the production ecosystem to understand and predict well behavior and associated activities like the impact on reservoir economics and land for example.
Technology Deployed
Application integration; field data capture, drilling, production, networks, analytical tools, data management, cognitive, cloud
Use Case Summary
Unification of all lease, finance, field, and performance data for a unified view of field and asset performance