Possible Scenarios for Implementation of OilExchange’s Asset and Data Management System

Well Files

OilExchange's ASP platform is perfectly suited to manage large volumes of legacy paper-based data. These files are scanned at very high resolutions to create an indexed and searchable database of those paper records. Engineers and field crews would no longer need to retrieve paper files in order to access critical well records.

Access to the well files is most often provided through a map-based interface or a relational database. Users would also have access to all related data on a well including production, logs and any available analytical data.

Consider the following scenario: A producing well goes down on a Friday afternoon. The pumper in the field needs background information concerning the well so he logs into the Asset Management System from his wireless equipped laptop to retrieve the work-over records, logs and a well bore diagram for the well.

The records indicate that the problem possibly is a troublesome tubing anchor that was noted on the last workover. With the data on the screen, the pumper uses his cell phone to call the production engineer (who has already gone home for the weekend). The engineer logs into the system from his home computer and shadows the pumper's session to see exactly what he is seeing. Together they determine a course of action and schedule a quick tubing pull and anchor replacement for the next morning. The well is placed back on production in a very short amount of time. [Return to Top]


Land Data Management

GIS_Screen_1.GIF (39712 bytes)OilExchange Inc. has developed a unique Land Data Management System ("LDMS") based on our ASP technology that allows oil and gas companies to digitally access and interact with information contained in existing lease files as well as accommodate future additions

At the core of the Land Data Management System is the conversion of existing paper-based documents to a "Virtual Paper" format that contains both a high-quality scan of the original document as well as invisible text derived from Optical Character Recognition technology. As new digital or paper documents are generated, they are indexed and added to the system.

Consider the following scenario: A landman is finalizing an assignment to a leaseholder so that drilling may commence on a prospect in the Gulf Coast of Texas. He logs into an OilExchange LDMS and accesses the map of the lease area. This map contains the current lease outlines superimposed upon a topographic map of the area. By clicking on the lease in question, the landman brings to the screen the Virtual Paper file containing all of the information on this lease.

He next performs a text search for the leaseholder's name "Davis" and proceeds directly to the section of the lease that confirms the assignment to the Trustee for the Davis family. This page also contains a note from the district land supervisor indicating that this assignment document has been approved. With this information in hand, the landman generates the needed paperwork to release the prospect for drilling. In doing so, he places this document into the LDMS so that others involved in the project can have access to it. [Return to Top]


Seismic Data Management

The OilExchange Asset Management System is well suited for use with seismic data. With OilExchange's Asset Management System, geophysicists would have access to the company's seismic database from any location. Support data and relevant geological information would also be available.

Consider the following scenario: A geophysicist is transferred from one division of the company to another. He needs to get up to speed on the division's seismic database in a short amount of time in order to recommend reprocessing and possible new acquisition for the upcoming budget cycle.

After logging into the Asset Management System, he zooms into the area of interest using a map-based interface and begins selecting seismic lines to review. Using the Asset Management System's built-in 2D SEGY viewer, the geophysicist views the stack sections as well as the scanned support data for the individual lines and begins to build an understanding of the general data quality in the area. He also has access to all of the well logs and geologic reports relevant to the area as well as copies of all of the interpretations that were made by the previous geophysicist assigned to the area.

From this data, and after several on-line collaborative sessions with the geologist assigned to the area, the geophysicist determines that some of that data across three of the prospects in the area should be reprocessed and requests that copies of the field data and support data be sent in for reprocessing. He also begins to re-interpret some of the data by moving the selected lines from the on-line storage servers to his local workstation. The results of these re-interpretations are posted on the system for review by the geologist and senior division management.

Taken together, these three scenarios represent a comprehensive company-wide Asset Management System. [Return to Top]

 

 


The Lease Data Management System is powered by OilExchange's secure ASP-based technology platform. Files and applications reside on a central server and are distributed to users over a corporate network or a standard dial-up internet connect. Authorized users have access from any location and computer platform. Because we are ASP based, file size or application complexity is not an issue.

OilExchange's products are designed to provide complete client -specific solutions. Contact OilExchange for a complete review of your data management needs Contact OilExchange for more details.

 


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