Friday, July 3, 2009

The Well Life - Cycle Approach to Information Management


The Oil & Gas Upstream Industry is comprised of many creative scientific and business individuals who work rigorously to find and exploit hydrocarbons. Their efforts require many sources of information that serve as the basis for strategic capital decisions. The process of putting together the information is often tedious and represents a significant percentage of the time it takes to bring forth the right foundations to make a capital / strategic decision with respect to the drilling or operation of an oil or gas well.

The Well Life Cycle Approach to information management is based on the premise that the same similar steps take place each and every time a well is drilled. While the locations and challenges of each well may vary from area to area, the fundamental components of information do not, nor do the basic steps needed to exploit the opportunity.

This blog is focused on the best practices with respect to managing the information related to the cycle of events to locate, drill, complete, produce, and maintain an oil and gas well. The contributions to this blog will be related to the effort to gather, collaborate, and distribute correct information that impacts each department of an oil and gas operations company.

Contributions are welcome, and feedback is encouraged on this blog spot.

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