Solutions - Well - Project Control

Solution Description

Within an energy company, the decision to drill a well involves many different departments and people. Geology, Land, Engineering, Economics, Facilities, Pipeline and of course, Management must all contribute their expertise and costing information prior to a decision being made to move forward.

Through the use of Document Management, Imaging and Workflow technologies, organizations can assemble all the interrelated information in a single place. Access to related costing and analysis information can be easily enabled and connected to the Well - Project Control Solution. As the information is gathered, the project's status is updated and routed to necessary departments for their analysis and input. Once the information is complete, and the project appears viable, it is electronically routed for Executive level assessment. Upon acceptance, project data can be loaded into supporting systems (such as an Accounting system and/or AFE solution). Scope changes are managed through predetermined business logic so that revisions remain compliant with corporate policies. Documents such as maps, drawings and the well file can be cross-referenced to the well for operation efficiency, compliance and general document management.

This solution can be combined with Imagine's AFE or Accrual systems to provide a comprehensive project, cost control and reporting solution.

Issues Addressed

• Complexity of communication between multiple departments on a single project
• Inefficient circulation for approval (time and lost documents)
• Inability to track a well through information assembly and approval process
• Inconsistent decision making and/or document processing
• Difficulty in verifying the process was followed (audits)
• Unnecessary rework of generic data on similar well projects
• Inefficient / non-existent communication between line of business systems
• Inability for management to track budget vs. actual spend

Business Value

• Drastically reduce the time to assemble all project data for analysis & decision
• Implement consistent processes for evaluating and approving projects
• Address any bottlenecks and non-compliant stages in the approval process
• Enforce approval limits and processes
• Automate the storage and retrieval of documents without changing how staff work
• Establish auditable internal processes for visibility, control and accountability
• Cross reference well documents with other related documentation
• Connect departments, increase communication and improve decision making
• Provide managerial insight into the status of a project
• Standardize cost estimating, ensuring all components are considered and apply corporate knowledge

Solution Components

• Kofax Ascent Capture
• OnBase Enterprise Content Management
• OnBase Integration Modules
• OnBase Workflow
• Fujitsu Scanners
• Imagine Professional Services Team
• Imagine Well - Project Control Solution

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