Synergy 4 Business
A large and growing business community, creating and maintaining a library of valuable business solutions, built
Synergy completes the picture by providing a higher level of
connectivity to organizations, bridging gaps, driving
performance efficiencies, and optimizing business processes.
• Improved Productivity
• Increased Revenue • Reduced Costs
One Organization. One Truth.
Executive
Financial
Employees
Operational
Base strategy on solid, reliable business information Provide trustworthy compliance reporting
Increase productivity throughout the business Reduce bad decision-making
Improve forecasting accuracy Streamline business cycles
Improve revenue completeness Avoid costly mistakes
Reduce analytic churn
Synergy Evolution
: Well MDM
Well Audit > UWI Matrix
data profiling, matching, alignment, grouping
WellSync > Well Asset Management
uwi & list validation, entitlements analysis
Corporate Well Repository
Some form of MDM is a required foundation for enterprise BPM and BI initiatives
A consolidated view of company data assets, and
a consistent method of aggregating and distributing a “source of truth”
ensure that data is managed, cleansed, stored and delivered according to company policies, guidelines, and governance specifications
What is
Master Data Management
The technology, tools, and processes required to:
Create and maintain consistent and accurate master data across business domains
Maintain a current, centralized repository of validated asset and attribute information
Publish current and accurate data to all company departments, processes, and data sources
Reduce the workload by eliminating inconsistencies and errors in the master data
Design and implement a consistent unified view of assets and related activities
source
data not cleaned or managed properly
integration
data sources not integrated properly
user
users introduce errors
analytics
reporting and analytics applications
security
access to information not controlled properly
source : Aberdeen Group, September 2009
By the end of 2012, 50% of Master Data Management implementations will be regarded as failures*
Cost of Bad
Master Data Management
*source : Accenture, June 2009
lack of business-oriented approach
high start-up costs of MDM software and services process becoming politicized
increasing budgetary concerns many vendors systems immature organizations reinventing the wheel
Automation. Automation. Automation. Benefit from work of industry peers
Avoid cost by using a proven foundation
Opportunity
Reduce labor intensity. Leverage existing low-cost alternatives. Adopt proven practices.
Automation
Actions
Sequences
Workflow
Get Sort Filter Join Transform Send Notify UWI Matrix Hierarchy Matrix WI Matrix Well Audit
Corp Well Admin
Lifecycle Process - RTD Change Management Process
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Synergy accesses multiple industry data sources “out of the box”
Databases & spreadsheets of assets & attributes Enterprise ERP, CRM systems, LDAP directories Finance, Operations, and other business systems Industry data pools and 3rd party systems
Public Petroleum Data Model
Data Services
Divestco Data G1 PPDM
GeoLogic Data Hub Geoscout Data
IHS Data Hub IPL Data Hub QCData Hub Enterprise Services Active Directory AutoCAD LDAP MicroStation Onbase
Connected
Data Sources
Field Data FieldView PVR Finance Axapta Envision JV Nexus Powervision PWSQL QByte FM Land CS Explorer GeoNexus LandMan LandRite Operations AFE Navigator Budget EDI FITS Jiffy JOSA JOMA Mosaic OpenWells Peep Portfolio Value Navigator WellTracker WellTrax WellView WellPoint Prod Accounting Avocet Pace Petronet Prism QByte PA Triangle XI Resource Planning JD Edwards Oracle SAP Various Excel Ultimus
Industry
Master Data
MASTER DATA
FA PA
FIELD
DRILLING RESERVES LAND
AFE
PPDM
Data describing business entities that span systems Key data-point relationships between systems
MDM
Registry
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Repository
FINANCE ^ ^ ^ > > > < < < v v v DRILL FIELD PA AFE LAND RESERVES PPDM ^ ^ ^ > > > < < < v v vApproach
Analyze: contents and dispositions of target systems
Optimize: fill gaps, rebuild relationships, and manage exceptions Control: process to maintain consistency and accuracy
Major Phases
Standardize the approach and improve the output Support different MDM approaches
Data Source
Profiling
Profile Assess Source Enrich Monitor
Connect databases, spreadsheets, lists, text files
Identify key elements & relationships
Generate key matrices & audit reports
Seeding
UWI Records
All UWI’s Land UWI Matrix Reserves Production Field Finance PPDM UWI 100102808808W500 System CS Explorer File Status Active Well Status ProducingCorporate Well Repository
SAMPLE INPUT DATA SOURCE INPUT DATA
Data Quality
Assessment
Profile Assess Source Enrich Monitor
Utilize generated key lists to query attributes
Identify naming and formatting issues
Identify wrongly coded and categorized data Find missing values, errors, & exceptions
Data Quality
Assessment
Battery Code Commingled Confidential Status Cost Centre Event Status Facility Operator Field Code Ground elevation Hierarchy KB Elevation Lahee ClassLast Production Date License Date License Number Licensee On Production Date Pool Code Producing Zone Rig Release Date Spud Date
Total Depth
True Vertical Depth Well Fluid
Data
Sourcing
Profile Assess Source Enrich Monitor
Mine connected systems to identify fix candidates
Cross reference groupings/categorizations/hierarchies Apply conditional logic to address inconsistencies
Cross Reference
Formations
Land SLAVE PT. Land Formations Land System MDM Repository PPDMPublic SLAVE POINT FM Public Formations
SLAVE POINT SLAVE POINT FM Matched Formations
Unmatched Formations
SAMPLE INPUT DATA SOURCE INPUT DATA
Data
Enrichment
Profile Assess Source Enrich Monitor
Persist validated candidates
Format & structure entries > fill gaps
Provide reconciliation reports & tools > audit Transform unstructured > structured
Unstructured >
Structured
File M-00283
Sub C
Fluid PNG From Bound Top
From Form Surface To Bound Base
To Form Slave Point FM Unstructured Mineral Rights
Land System
MDM Repository Structured Mineral Rights
SAMPLE INPUT DATA SOURCE INPUT DATA
Profile Assess Source Enrich Monitor
Data Source
Monitoring
Scheduled checks for data consistency & quality
Monitor system relationships and interdependencies
Notify systems and stakeholders of alarm conditions Trigger monitor reports from update processes
Responding
to Business Challenges
Challenge Response
lack of business-oriented approach self-funding - business value first, last,
always
high start-up costs of software and services
lowest total cost of ownership in industry - bar none
process becoming politicized users interact with products, not
concepts or definitions
increasing budgetary scrutiny scope. commit. deliver.
many vendors systems immature proven in large group of industry peers
organizations reinventing the wheel leverage existing connections,