We’ve observed a lot of buzz lately surrounding a new mandate for Chief Data Managers (CDM)/Chief Information Officer (CIO)/Chief Data Officer (CDO) in the Oil and Gas industry, but do we really understand these roles and the impact they have when integrated with operations and C-Suite decisions to collectively lead a successful digital transformation? Furthermore, do Oil and Gas companies... Read more >
The PPDM Association released the new ‘What is a Facility’ (WIAF) Phase one Standard at the end of July 2022. The volunteer work group presented a faceted taxonomy to describe facilities in the global energy industry. Regulatory and ESG reporting requirements vary by facility and the intent is to structure this Standard to include a common language for consistent reporting, analysis, decision-making, and interpretation for operators and external stakeholders. WIAF defines various facilities, along with information on location, business associate, life cycle, business intention, products, equipment and more. This publication incorporated all types of energy production references that will be elaborated further in subsequent versions. The volunteer subject matter experts spent a year building this 22-page Standard. Preceding ‘What is a Facility’ was a feasibility study... Read more >
If you have ever attended a PPDM Association conference or expo, you know that everyone gets chocolate. We have chocolate sponsors! Every once in a while, a PPDM newbie asks, “Why did I get chocolate?” Usually, they ask with an expression of befuddled delight. They bounce the chocolate from hand to hand, wondering whether it’s some kind of weird nefariou... Read more >
I recently broke out of my self-imposed Covid-19 isolation and traveled to a couple of SPE data analytics events, one in Midland and the second one in Houston. While most of the talks were on exciting new analytics techniques (read that as artificial intelligence and machine learning) there was an undertone on data. It was widely acknowledged that the data foundation was still a work in progress. That statement could have been made several decades ago... Read more >
The PPDM Association Board of Director’s Strategy Committee is pleased to present our new five-year strategic plan at this year’s Houston Expo. Attendees will enjoy both a discussion with PPDM Association Board Members and a more interactive break out session on the afternoon of April 26... Read more >
On behalf of the Professional Petroleum Data Management (PPDM) Association’s Board of Directors, and the Chair of the Board’s Strategy Committee, I want to bring you a brief progress update on the strategy work we announced to you in November of 2021... Read more >
A Data Fit Organization (DFO) is one where:
Shared data used by consumers are often copied into their respective data silos. Revisions to the data in these data silos are only made locally resulting in inconsistent values across other data silos. This creates data reliability issues for consumers and a high maintenance overhead for data administrators... Read more >
The past two years have without doubt been among the most challenging years of our industry’s existence. The global COVID pandemic has wrought havoc on the health and well being of the entire planet’s population, and the resulting economic turbulence has been felt universally. In addition to the global socio-economic climate, the energy industry has been engulfed in a business paradigm transformation driven primarily by climate change and environmental accountability concerns. Oil and gas companies are re-evaluating their base business premise, and environmental activism is engaging the industry in the boardroom and courtroom alike... Read more >
Definitions: • PPDM 3.8 is a relational data model standard. It has clearly defined entity-attribute and cardinality relationships based on business definitions of these entities and attributes. Relationships between entities are defined using foreign keys or linking attributes. This data model provides the basis for a physical data model implementation or table... Read more >