Oil and Gas
Our focus on the Oil & Gas sector has led to the alignment of our business along practice areas that address the wide range of Information Management (IM) challenges relating to the E&P business. Our experience, gained from our involvement with a number of companies and industries, delivers our clients more effective performance results when designing and implementing Information Management solutions and services across the E&P value chain. Combined with our breadth of partners, Velrada can be your single partner to deliver a range of solutions across the E&P technical disciplines and their business support and corporate functions.
Subsurface and Wells:
Managing data has become a major issue for many companies. The challenge is how best to manage an increasing rate of growth in data as well as meeting the current requirements of geoscientists, partners and regulatory authorities. Failure to address Data Management issues have been the downfall of many companies. This is because the impact of poor data and information is to limit knowledge which leads to poor decision making and increased risk. This includes GIS, joint venture development, in-country data management, M&A and divestment data/information management and permits management.
Drilling and Completions:
Drilling depends critically upon good information to support all activities, from initial design concept selection, through drilling and completion and on to the lifetime operation and maintenance of a well. Poor management of information significantly increases the already extensive costs, well delivery schedules and risks associated with both individual wells and Field Development Programmes. Velrada combines its core Information Management (IM) skills with knowledge of upstream petroleum to assist clients in exploiting developments in real-time data-sharing standards, drilling data stores and multi-party collaborative working, as well as more established data and document management techniques.
Facilities Engineering:
Poor management of engineering information significantly impacts project schedules and operational integrity, causing rework, safety risks and unplanned shutdowns. Velrada's focus on Information Management (IM) in upstream Oil and Gas, positions us to assist clients in ensuring that timely and accurate engineering information is available throughout the lifecycle. We uniquely apply IM experience, skills and tools (covering technical data, models, documents and formal records) to upstream petroleum, working with both integrated asset teams and discipline specialists. Our services to Facilities Engineering communities include:
- Capital Project Planning;
- Technology contract and supplier management;
- Project handover to operations;
- FID and FEED design services for technology and communications; and
- Remote Operations Centre technology design and implementation.
Corporate:
Improved efficiency, business performance and competitive advantage will only be realised by companies if the information used to make operational and strategic decisions is easily available, accurate and context-rich. As many companies have experienced rapid growth recently, we have worked with senior executives to run operational improvement and organisational change programs - many of which have relied on intensive changes in business process and technology change.
Our understanding of the core business processes within E&P and the typical organisational needs and challenges, enables us to develop integrated and user focused solutions. Through this, we help improve company corporate and business areas including legal, commercial, strategy and planning, management, HR, IT, finance and other functions. Our track record gives us the experience, proven methodologies and tools required to help implement practical information management at the corporate level and to help oil companies realise the full value of investment in information management across the enterprise. Our service areas include:
- Business Process Redesign;
- Business Case and Program Management;
- Information Governance;
- Policies & Procedures;
- System selection;
- Knowledge Management;
- Document and Records management;
- SharePoint in E&P; and
- Transmittal and Extranet Environment Design.