Trends & Best Practices in Well Lifecycle Data Management

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1 Trends & Best Practices in Well Lifecycle Data Management PPDM Denver Data Management Wrkshp Rbert Lvelace /3/13

2 Agenda Intrductin Well Lifecycle Overview Best Practices Lessns Learned Slide 2

3 What is Well Lifecycle? Hw wuld yu characterize r describe the upstream prcess as it relates t a well? Fcuses n thse events and activities that ccur during the life f a well Release t Stake, Staked, Permitted, Release t Build, Lcatin Ready, Release t Drill, Drilling, Cmpleting, Prducing, etc. Slide 3

4 Well Lifecycle Overview Sample #1 Find / Prepare (Well Prspect System) Ge Prg App, Aries, AFE Tracking, Well Master, Acctg, Ops System PUD Prcess Develp Leads & Prspects Determine Ownership Drill Acquire Leases Lease Expiratin Prepare & Apprve GePrg Prepare & Apprve AFE Create & Apprve PID Activity Reprting Partner Reprting Cst Tracking Stake Lcatin Obtain & Distribute Permits Send & Track Partner Electins Pling & Spacing Increased Density JIB & O/H Drilling Casing Pint Electin Tracking 2 Safety & Envirnmental Tracking Pit Clsure & Remediatin Mud & Open Hle Lgging Nn-Op Reprting Slide 4 Thrughut the life f a well: Ops System, Rig Scheduler, Activity Reprting, Well Master Gather well data Well Name, Lcatin, Hierarchy Changes Track well status Capture relevant events, dates, and cycle timing Assess impact f data frm acquisitins Prtal, Data Warehuse, Surce systems f recrd Cmplete Prd Acctg, Well Surv Tl, Well Master, Ops System Prduce Prd Acctg, Well Surv Tl, Acctg, Aries, Pumper Input, Telemetry/SCADA Drill - Cmplete Transitin Activities Prepare/Apprve Cmpletin Prcedures 3 Review markets in mrning meetings (Pipeline Cnnectins) 4 Create Initial Reserve Estimate Cnduct Pst-Cmpletin Well Tests Track Daily Well Activity Allcate Mnthly Prductin Gas Over/Under Imbalance Tracking Create Finding Csts Reprt Enhance Activity Reprting, Ops System Create and Apprve Prcedures Track Additinal Regulatry Requirements Send & Track Partner Electins Create & Apprve AFE Equipment/Materials Tracking Wrkver / Recmplete Tracking Create Wrkver Reserve Estimate Enhancement ROI Reprt Card Divest/ Abandn Divest Well Apprve P&A Plug Well Ops System, Well Master

5 Well Lifecycle Overview Sample #2 Mre fcus n well planning and delivery prcess Ratinalize applicatins / databases, well identificatin, attributes, and statuses Include prcess metrics n cycle times between events / statuses Number / timing f wells nt prducing = wrking capital in inventry Staked Begin Built Spud build Big rig Onsite Big rig release Frac prep Frac Cmplete Tube up On Line Slide 5

6 Best Practices Determine where des data management, quality, and integrity fall in the rganizatin? Gauge tlerance level and spnsrship Start small think big Methdlgy r a framewrk Gvernance (wh, what, when, where, and hw) Cntrls fr data quality / integrity Cmmn understanding n which data pints and attributes are imprtant t yur business Determine which applicatins, databases, spreadsheets are surces fr varius types f data Manage data as clse t the surce as pssible Slide 6

7 Clarifying Rles and Respnsibilities Executive Management Strategic Visin and Leadership Data Gvernance Relies n a steering cmmittee fr frming fcused wrking grups, which cnsist f subject matter experts frm different areas f the rganizatin. Data Gvernance (steering cmmittees and wrking grups) Tactical Principles, Plicies, Standards, and Prcedures User Base Operatinal Awareness and Executin Slide 7

8 Lessns Learned Well Delivery / Planning (Pre-Spud Prcess) Preparatin is crucial (align grups within IT and Business Spnsrs befre starting) Dn t cnfuse it as a pure technlgy initiative Devil is in the details (hw t surce data, hw d different business units enter well infrmatin, timing f available infrmatin, etc.) Timing (never a gd time t start) Well Lifecycle Prgram (Supprting E&P divisins) Stakehlders can nly take s much analysis Alignment is imprtant (sme grups may be threatened) Start small and build (can be verwhelming) Develp an iterative delivery cycle Slide 8

9 Q & A Slide 9