Oil & Gas – International Gas Exploration

International Gas Exploration - Well Engineering Management System & Asset Portfolio Management

Strengthening gas exploration opportunities with integrated asset portfolio and project management

A global leader in a gas exploration wanted to strengthen its market leading position with more proactive tracking and management of top quartile well performance and HHSE statistics and issues, whilst optimising well and rig schedules through the entire life cycle of an exploration opportunity and turned to Hyde Park Solutions and Oracle in order to achieve the goal.

Challenge

In order to strengthen its dominant market position in a competitive marketplace, the following key questions had to be answered:

  • How could the Well Engineering group collect, consolidate and analyse key data spread across a number of enterprise applications including; SAP, SharePoint, and Excel?
  • How could an integrated well & rig scheduling and management solution be designed and integrated in to the enterprise?
  • How would an integrated solution be deployed enterprise-wide across global operations in 25 countries world-wide?
  • Could the complex 12-stage design, review and funding processes be automated and managed globally, including the automated workflow processes for functional review submittal, even in countries with no online access?

Approach

  • To develop an enterprise solution that supported Well Engineering’s function of recording, cost control and provision of drilling & completion performance information
  • To develop a process and supporting solution for tracking top quartile well performance and HHSE statistics and issues
  • To enable an automated process for the effective management of the exploration life cycle including well and rig schedule and general well management information for each exploration opportunity
  • To enable integrated support for Well Engineering’s group reporting requirement by producing asset-based and group-wide scorecards
  • To enable an integrated approach to Well Project Management and Well Asset Portfolio Management 

Benefit 

Hyde Park Solutions developed for the Well Engineering group an integrated Well Project Management and Well Asset Portfolio Management solution that Customer said

“Finally we had an enterprise system that enabled us to focus on decision making rather than wondering whose data was correct “

“An integrated and efficient management process enabled us to be better at managing our engineering assets generally and to offer a more proactive tracking and management of top quartile well performance, HHSE statistics and issues, while optimising well and rig schedules through the entire life cycle of an exploration opportunity”

“The interoperability between our high-level asset tracking system and project management is seamless which makes life much simpler”

 

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