Research and Markets, the largest resource for market research information in world providing essential market research reports, industry research, industry analysis, forecasts, market studies, company profiles and country reports.
Welcome - Home - Register - Login - Help/FAQ - 0 items View Basket
Worlds Largest Market Research Resource - 722041 Live Reports
Search Research and Markets
  Search
Enter keywords, a title or
a report id number below.





Advanced   
Company search
Register for free email updates of market research
Currency
  Select a currency for use throughout the site



Viewing report

Order by Fax
Printer Friendly
PDF Brochure
Send to Friend
Enquire before Buying
| More
ElectronicAdd to Basket



PNEC Data and Information Integration Conference Proceedings 2006, Houston
The Data Room, April 2006


  Description  
  Table of Contents  
    
    
    
   
 Enquire before Buying  
 Send to a Friend  

PNEC Data and Information Integration Conference Proceedings April 2006, Houston

PNEC continues to thrive – with some 370 attendees this year – almost half oil company employees. PNEC organizer, Phil Crouse pulled off a considerable coup this year by persuading Wal-Mart CTO, Nancy Stewart to present a paper on Wal-Mart’s data management systems. This was without doubt the highlight of 10 years of PNECs. Stewart’s presentation showed how great attention to data and information management underpins Wal-Mart’s business.

Wal-Mart is ‘manic about data’ and has established a humongous central data repository with almost a Petabyte of online data and real time connectivity to all its stores around the world. This allows the company’s planners to ‘ask any question, any time,’ tracking customer preferences and re-jigging stocks and displays for maximum effect. Wal-Mart’s enthusiasm for data contrasts with oil and gas which, as attendees to PNEC know, has neglected management of its data over the years. In oil and gas, you can ask any question any time, but you maybe won’t get an answer right away! The Wal-Mart case history provides much food for though for oil and gas majors and argues in favor of a radical overhaul of IT/IM strategy. With oil at $70 this ought to be a better investment than share buy-backs.

Other presentations traced familiar ground. Better widgets are improving Kerr McGee’s browser experience. Shell continues to enhance (and measure) data quality. More metrics underpinned Burlington Resources’ (now part of ConocoPhillips) application portfolio rationalization. Finally, OpenSpirit have been quick to jump on the Google Earth bandwagon and can now offer the popular GIS front end as a data browser for any OpenSpirit enabled data source.

Abstract

TW0608_1 Realizing the value of unstructured data – Paul Haines, Kerr McGee
Haines cut to the quick with some practical definitions. A ‘taxonomy’ is a folder structure. Structured data is that which is held in database tables. Unstructured data is that stored in files. Semi structured data is stored in an EDMS2. Current challenges are that you either can’t find data, or that you find too much – e.g. 22 deviation surveys for one well! There is ‘no magic in data management,’ it’s just work. It is hard to quantify the ROI of data management. There is even little consensus as to what data management is. Often, the results of interpretations end up in a knowledge ‘black hole’.

Haines proposes a three dimensional data matrix of domain (well, petrotech, drilling etc.), maturity (raw interpreted) and geographic location. This can be useful to understand data management scope and educate business users. Kerr McGee’s new data management vision is of a single doorway to data. Priority is given to unstructured data which represents 80% of oil company data according to an IBM study. Kerr McGee has built a high level corporate taxonomy, implemented standards and assigned roles and responsibilities to business users and data ‘gatekeepers.’ Data acquisition goes through the gatekeeper before archival.

Kerr McGee aligns its data management effort with information value – for example, corporate files get most effort. Taxonomy is held in LiveLink. This ensures that all relevant documents are retrieved. For instance a basin map covering three states will be retrieved from queries to ‘Petrotechnical’, ‘US Onshore’, ‘Texas’ and ‘US Offshore GoM’ as appropriate. Moving files to the EDMS has benefited from the standard taxonomy, search, version control and document management. This has positive spin-off regarding Sarbanes-Oxley and records and information management (RIM) compliance.

A Kerr-McGee developed application, WellArchiver, manages well files and metadata capture. Search and retrieval leverages WellExplorer (Geologix), NitroView (Exprodat) and LiveLink (OpenText). The ILX Viewer (InnerLogix) is also used to spider the Kerr-McGee repository for well log files.

WellExplorer provides textual queries and can launch NitroView, ILX Viewer and provides access to CoreLab’s off-site data store.


Customers who bought this item also bought

11th International PNEC Data and Information Management Conference Proceedings 2007 - Houston

Kerr-McGee: Corporate Analysis

11th International PNEC Data and Information Management Conference Proceedings 2007 - Amsterdam

PNEC Data Integration Conference Prodeedings - Houston

Corporate Review - Kerr-McGee Corporation

Financial Analysis - Kerr-McGee Corporation

Data Watch from The Data Room: PNEC E&P Data Integration Conference 2009, Houston - May 2009

Kerr-McGee - Company Profile

Acquisition of Kerr-McGee Corporation & Western Gas Resources, Inc by Anadarko Petroleum Corp Call - Kerr-McGee Corp. - Earnings Transcript

Technology Watch from The Data Room - SMi Data and Information Management Conference - London

Kerr-McGee Corporation - KMD - Annual Report

Kerr-McGee Corporation - KMG - Annual Report



Top of page


   All rights reserved. © Copyright 2009 Research and Markets
   Terms and conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster


Research and Markets RSS Feeds