PDM-041: Business Life Cycle of the Well: Data Centric

Business Processes and Life Cycles

Course Instructor:

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Course Option: 
Classroom, Private, Instructor-Led Webinar

Target Audience:
Professionals working in Data Architect, Data Management, Data Managers, Data Analysts, Software Developers, Business Analysts, Data Scientists, and Database Developers.

Course Description:
This 2-day course takes a deeper dive into the Business Life Cycle of the Well, focusing on the data generated for each phase and the impact of data on the business.

Learning Outcomes:
  • Identify the three primary functional streams that require information about wells over their life cycle (upstream, midstream, downstream)
  • Identify and discuss business needs associated with well data management across the petroleum industry
  • Discuss the well’s life cycle and the importance of data trust as it is used by many stakeholders over long lifespans
  • Compare and contrast key processes in the well’s life cycle for operators and regulators
  • Briefly review and examine the spectrum of well components, well identification practices and vocabularies
  • Discuss and understand the impact of inconsistency on the business
  • Discuss key business processes in each of the five life cycle phases, and data that is input and output from each

Evaluation Method(s) / Metrics:
Final Exam. Pass grade 70% or higher.

Completion Award:
PPDM Certificate of Completion

Special Requirements:
No special requirements associated with this course.