Senior management at this O&G organization wanted to encourage a company-wide culture of innovation, while at the same time ensuring employee focus was maintained on capital discipline, production growth and functional excellence.

Peer reviews at Hess indicated that a common understanding between G&G, Reservoir Engineering and Petrophysics was critical for teams to produce deliverables that could represent the BEST technical estimates of potential reserves and production for an asset. Providing access to a shared set of guidelines, best practices and examples – governed by the leading technical minds in the company – was identified as being fundamental to helping teams develop work plans and strategies that met expectations during the peer review process.

SOLUTION
Working collaboratively with a customer team led by their Chief Geologist , 3GiG helped Hess create the Pathfinder Application. Designed to incorporate an evergreen knowledge base of guidelines and examples from across the company, and following the standard subsurface methodologies and expected deliverables, Pathfinder empowers asset teams to create projects and track their progress against a common set of milestones, and can store and collaborate on all deliverables required to be reviewed and approved through the subsurface evaluation process.

VALUE & BENEFITS

• Development of common language and expectations of key subsurface deliverables.
• Increasing the standard of deliverables based on right time/right place/right method from each team.
• Increase the level of knowledge and sharing of best practices and examples from around the company.
• Increase the level of quality in the work products and delivery of field estimates of reserves and risk.

Recognizing that the majority of information used to move a prospect through a decision process is highly subjective, and requires collaborative input from a multi-disciplinary team, W&T Offshore sought to implement a solution that could enable rapid, real-time comparison and ranking of prospects.

Fundamental to the requirements, the solution needed to present information to the relevant managers using the appropriate language, taxonomies and methods, while also remaining flexible enough to adapt quickly to adjustments in prospect risk and value profiles and changing business requirements.

SOLUTION
A joint 3GiG and customer team worked collaboratively to rapidly develop and deploy the Prospect Inventory Database, using 3GiG’s D3 methodology for deconstructing the complex business of prospect management into simple building blocks and empowered the team to “design” a process for managing prospects from concept to completion and create their first Smart Process Application.

VALUE & BENEFITS

• Rapid prototyping and design delivered a working system in a week, dramatically lowering the software evaluation period and costs.
• Within months of deployment system was being used for executive management review and budget decision making.
• System has been continuously evolved in real-time by the client team as company strategy and requirements have changed.
• Business practice of collecting all leads and prospect in one database and tracking progress has become part of the company culture and everyday work practices.

PNEC Data Integration White Paper

Developed using Rose & Associate’s extensive expertise and industry knowledge in risk and resource assessment, Appra aims to deliver E&P leadership a more holistic approach to the consistent characterization of plays, prospects and portfolios.

E&P companies recognize the need for consistency in characterizing the opportunities in their portfolio. However, there is often a gap between the drive for consistency and the ability to manage the underlying data, especially as opportunities mature from leads to prospects to drill ready. There is also often a large time gap between the decision to drill a well, and the post-drilling results and calibration process. Other gaps persist as discoveries move into appraisal and early development. Each of these gaps can cause a loss of knowledge and information about the opportunity, leading to rework, or even repeating mistakes in the assessment.

SOLUTION

Appra is a flexible software that provides E&P companies with a robust, secure infrastructure to manage their portfolio of exploration and appraisal plays, prospects, and projects from concept through development.

Consistent and comparable technical assessments are the foundation of good portfolio management. Appra is focused on incorporating technology into the regular workflow that codifies and preserves the work done by teams across all aspects of the E&P lifecycle. Multiple versions of an assessment allow the progress of maturing a prospect or project to be captured and studied. The data set will track the process of an opportunity, generate internal metrics, and help build a learning organization.

Appra implements rigorous version control of risk and resource assessments as opportunities mature. Appra aligns to a company’s decision-making process, providing visibility into the status and progression of their opportunities. Appra enables active management of the portfolio to meet the company’s goals. In addition, Version 1 of the software provides out-of-the-box integration with Rose & Associates’ suite of E&P risk analysis software tools (MMRA/MZM). However, additional customization available to connect other commercial or proprietary tools to Appra system.

VALUE & BENEFITS

The goal is to bring a more holistic approach to the effective characterization of plays, prospects and portfolios by:

• Capturing, aggregating and storing data in a secure location
• Implementing Quality Control and assurance through a series of stage gates and the approval process workflow
• Tracking and auditing of prospect estimate versions over time to better understand trends and patterns while allowing for effective comparison in post-drill analysis. 

ABOUT ROSE & ASSOCIATES

Rose & Associates assists companies to improve their E&P effectiveness in quantitative prospect, portfolio and play analysis through software, training, and consulting. Rose & Associates’ integrated business model ensures the key concepts taught in its courses are delivered in its software and applied in consulting.

Schedule an Appra demo by emailing
sales@3-gig.com or PhilConway@roseassoc.com

Operations managers for three major business units at the O&G company were using Microsoft Excel workbooks to track the pipeline and prioritization of all operations projects (new drills, work-over’s, recompletions, pipeline and facilities work).

Significant manual effort was required to review the information on a weekly or monthly basis, and there was no record kept of the decisions made by the teams. As a result, resource allocation was often misaligned with the strategic value of a project and it was difficult to compare projects and progress across the business units.

SOLUTION

Working together with a customer team lead by the operations managers, 3GiG deconstructed the business processes and tracking workbooks into a Smart Process Application, where all disciplines could collaborate on project status, scope and prioritization in real-time. Using the Work Priorities Database at weekly operational meetings, management can now extract reports to review current and future projects, and look backs on historical work.

VALUE & BENEFITS

• Rapid create workflows allow team members to quickly add their projects to the inventory, significantly reducing cycle time versus previous methods.
• Team members collaboratively work to compare and contrast input to the status of a project, giving management a much more comprehensive view of the current state of the project and thus enabling more knowledgeable and informed decisions.
• Company reorganization was quickly reflected in the system (< 24 hrs.) to ensure projects were tracked accurately in light of the organizational change – significantly faster than would have been possible using more traditional transactional or custom built systems.