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Oil and Gas report

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A presentation on the Oil and Gas-Upstream Data and Information management survey conducted for Wipro by the Oil & Gas Journal online research center
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© 2011 Wipro Ltd - Confidential Oil & Gas - Upstream Data and Information Management Survey Conducted for WIPRO by the Oil & Gas Journal Online Research Center
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Page 1: Oil and Gas report

© 2011 Wipro Ltd - Confidential

Oil & Gas - Upstream Data and Information Management

SurveyConducted for WIPRO by the Oil & Gas

Journal Online Research Center

Page 2: Oil and Gas report

© 2011 Wipro Ltd - Confidential2 © 2011 Wipro Ltd - Confidential2

Agenda

3

4 Customer Takeaways

1 Industry Overview

2 Understanding the need for data management

Findings

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© 2011 Wipro Ltd - Confidential3

Industry Overview

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© 2011 Wipro Ltd - Confidential4 © 2011 Wipro Ltd - Confidential4

Upstream oil and gas industry witnessing an explosion of data due to the development of digital oilfields

Industry overview

Complex data management

Multitude of sensors

Higher frequency of

data collection

Data integration (operational,

financial, human resource and supply chain

data)

Challenges in data

management

Capture

Store

Manage

Deploy

O&G industry largely broken into silos - Need to raise the bar on data management assets, systems, tools and processes

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© 2011 Wipro Ltd - Confidential5 © 2011 Wipro Ltd - Confidential5

Change in industry’s reluctance to invest in technology and data management

Newer geographies, regulatory requirements and increased competition

Renewed investments in processes and technology

Demands and developments

Greater emphasis on access

Clean-up

Preparation of data for -Analysis, analytics, and

interpretationReal Time Data Management

(RTDM) Business Analytics

As operations within the O&G industry get integrated, the accuracy of data and the provisioning of standards will be the key to success

Key Drivers

Rising Customer Demands

Rising Customer Demands

Rec

ent

Dev

elo

pm

ents

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© 2011 Wipro Ltd - Confidential6

Understanding the need for data management The Oil & Gas Journal Online Research Center and Wipro’s survey

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© 2011 Wipro Ltd - Confidential7 © 2011 Wipro Ltd - Confidential7

Is the quality of data available sufficient to make good business decisions?

Where is the upstream organization in relation to the adoption of dependable IT standards?

How do Data Stewards impact the delivery of reliable, high quality data across the organization?

What is the impact of data management processes on timeliness of access and quality of data?

What data type is of the highest quality and what is of the lowest quality?

Is upstream data managed successfully?

What is the extent of concern over (the lack of) alignment between IT and business?

Is there a co-relationship between good data management, leadership, the IT organization and the business organization?

How do organizations perceive the lack of naming standards, KPIs, enterprise master data and the inability to integrate data?

What percentage of the industry is adopting IT Standards?

Have organizations realized the success of upstream data management related initiatives?

Need for data management

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Findings

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© 2011 Wipro Ltd - Confidential9 © 2011 Wipro Ltd - Confidential9

The survey was posted on an online survey site. Those in the sample group were sent an e-mail invitation to participate, with a link to the survey. Responses were received from 191 individuals.

Findings

Organizationally, are you more aligned with the business or the IT function?

Key Finding

Survey has a fair representation from business and operations (80%): Survey results can be expected to reflect business

concerns.

Page 10: Oil and Gas report

© 2011 Wipro Ltd - Confidential10 © 2011 Wipro Ltd - Confidential10

Please comment on the quality of the following data types: “My organization’s data is of sufficient quality to effectively manage our business and make sound business decisions”

Survey findings

Key Insights

• Production related data is of the highest quality

• Health, Safety and Environment data is of high quality

• G&G, seismic and reservoir related data being poor comes as a surprise

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© 2011 Wipro Ltd - Confidential11 © 2011 Wipro Ltd - Confidential11

How aggressive is your organization in moving towards the adoption of upstream industry IT standards (e.g. Energistics WITSML, Energistics PRODML, Open-Spirit, PPDM, Microsoft MURA, etc.)?

Survey findings

Key Insights

• Significant percentage not adopting industry standards ona regular basis

• 1 out of 6 not sure if IT Standards are being adopted

• Definite opportunity to educate community and co-workers

Page 12: Oil and Gas report

© 2011 Wipro Ltd - Confidential12 © 2011 Wipro Ltd - Confidential12

Does your organization have named Data Stewards (data owners) for “important” upstream data?

Survey findings

Key Insights

•Half the organizations surveyed either did not have Data Stewards or were not aware of having them

•Data Stewards should be more vocal about their role

Page 13: Oil and Gas report

© 2011 Wipro Ltd - Confidential13 © 2011 Wipro Ltd - Confidential13

Within your organization, how much time does a “high-end” consumer of upstream data spend on “lower value” activities like looking for, accessing, cleaning-up, or preparing data before “higher value” activities like analysis, analytics, and interpretation can be done?

Survey findings

Key Insights

• Significant time spent on low value activity by data consumers

• Indicative of resource constraints

• Indicative of organizations operating in complex environments

• Indicative of need for systemic inadequacies in data management and processes

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© 2011 Wipro Ltd - Confidential14 © 2011 Wipro Ltd - Confidential14

What percent of your overall data needs, reside outside of your particular functional area or discipline?

Survey findings

Key Insights

• Significant amount of data residing outside functional area

• Data residing in silos in industry

• Need for avoiding low-value activity like data cleansing, validation etc

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© 2011 Wipro Ltd - Confidential15 © 2011 Wipro Ltd - Confidential15

Rate the following upstream data management issues in terms of the impact they are having on your organization today:

Survey findings

Key Insights

• Highest impact of data management issues is on timeliness of access and quality of data

• Lack of naming standards, lack of KPIs, lack of enterprise master data, lack of ability to integrate data are key process and governance dependencies

• Lack of process and effective governance can raise costs

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© 2011 Wipro Ltd - Confidential16 © 2011 Wipro Ltd - Confidential16

As it relates to upstream data and information management within your organization today, please comment on the following statements:

Survey findings

Key Insights

• Clear correlations between good data management and leadership

• Clear correlations between good data management and IT organization

• Clear correlations between good data management and business organization

• Leadership needs to fund data management

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© 2011 Wipro Ltd - Confidential17 © 2011 Wipro Ltd - Confidential17

How well would you describe the alignment of the upstream IT function and the upstream operations/business working together to address the upstream data needs of the organization?

Survey findings

Key Insights

• IT and business need closer alignment

• Indicative of need for tools, process, communication, governance and master plans.

• Alignment is topic of discussion within organization

Page 18: Oil and Gas report

© 2011 Wipro Ltd - Confidential18 © 2011 Wipro Ltd - Confidential18

Within the past 2-years, how would you describe the success of all the upstream data management related initiatives sanctioned by your organization?

Survey findings

Key Insights

• Very high percentage indicating poor success related to management of upstream data

• Further emphasizes the need for alignment between IT and business

• Indicative of opportunity for improvement

• Indicative of need for strategy, governance, adoption of industry standards, planning, creating roadmaps, better communication, improved change management, funding

• Need to create quick wins that can excite the organization

Page 19: Oil and Gas report

© 2011 Wipro Ltd - Confidential19 © 2011 Wipro Ltd - Confidential19

State your agreement with the following with regard to major upstream information systems and data stores at your organization

Survey findings

Key Insights

• Divergent responses indicate opportunity for areas of improvement within organization.

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Customer TakeawaysWhen > Where >How

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© 2011 Wipro Ltd - Confidential21 © 2011 Wipro Ltd - Confidential21

• Recognize the need to raise the bar on data management assets, systems, tools and processes

• Adopt industry data standards and processes

• Communicate the benefits of adopting data standards across the organization

• Define role of Data Stewards and educate the organization about their role to improve the quality, reliability of data

• Use technology, automation and industry standards for data cleansing, processing and sharing

• Improve collaboration across organization

• Raise standards of governance to impact quality and availability of data and reduce cost

• Create momentum within organization around data management to deliver success

Customer Takeaways

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© 2011 Wipro Ltd - Confidential22 © 2011 Wipro Ltd - Confidential22

To read the complete report please visit the link belowhttp://www.wipro.com/datadocs/insights/Oil_and_Gas_Research_Report_April_2011.pdf

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© 2011 Wipro Ltd - Confidential23 © 2011 Wipro Ltd - Confidential23

Wipro set up the Council for Industry Research, comprised of domain and technology experts from the organization, to address the needs of customers. It specifically surveys innovative strategies that will help customers gain competitive advantage in the market. The Council, in collaboration with leading academic institutions and industry bodies, studies market trends to help equip organizations with insights to facilitate their IT and business strategies.

For more information on the Research Council visit www.wipro.com/insightsor mail [email protected]

About Wipro Council of Industry Research

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© 2011 Wipro Ltd - Confidential24 © 2011 Wipro Ltd - Confidential24

WiproTechnologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” – helping clients create successful and adaptive businesses. A company recognised globally for its comprehensive portfolio of services, a practitioner’s approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has over120,000 employees and clients across 54 countries.

For more information, please visit www.wipro.com

About Wipro Technologies

Page 25: Oil and Gas report

© 2011 Wipro Ltd - Confidential

Thank you

© Wipro Limited, 2011. All rights reserved.

For more information visit www.wipro.com

No part of this document may be reproduced in whole or in part without the written permission of the authors.

Wipro is not liable for any business outcome based on the views presented in this document. For specific implementation clients should take advise from their client engagement manager.


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