10 Years And Still Going Strong
By Mike Skeffington
Over the last 10 years we’ve seen a lot of growth and change, both in terms of our company and in terms of the industry. When we started 10 years ago, we were a small company providing consulting services and looking to expand into software solutions. Our first commercial software was available in 2008 and focused on managing commercial well and production data in a central data repository – behind the firewall. Other companies have just started to provide this kind of solution in the last year.
Today, our solutions have expanded to help companies optimize their business by automating workflows and creating efficiencies not possible just a few years ago. Other companies are still playing catch-up.
Today we have 3 offices and over 35 employees focused exclusively on providing the leading software solutions for managing business information and E&P master data, and our software is used around the world.
We’ve covered a lot of ground in 10 years, and we will continue the trajectory up and to the right with exciting growth plans for the company and our software, as we help our customers plan and execute their own Digital Journey!
Drop me a line if you’d like to learn more about our plans.
- The Digital Journey
- IQexchange 2018.1 Release
- Save the Date! EnergyIQ Rendezvous 2018: The Digital Journey
- Log Data Management Enhancements
- Meet The Team: Laura Elliott
- TDM Tips & Tricks: Where Exactly is My Well?
- Where Can You Find Us?
The Digital Journey
By Steve Cooper
Everyone is talking about the ‘digitalization’ of the Oil and Gas industry, and for every person talking about this, it seems there are an equal number of definitions for what it means and how a company should evolve to include ‘Digital’’ as a core strategy. For EnergyIQ it was no different. So, we took on a research project to define this evolutionary aspect of today’s business.
Over the last 6 months, we have undertaken an initiative to understand the key business and technology trends that are driving the oil and gas industry. By analyzing these trends, we have been able to gain better insight as to how they will impact EnergyIQ and how we can better position our solutions and services to deliver value to clients in the future.
This has involved interviews with experts from industry, roundtable discussions, attendance of conferences, and review of publications both domain focused and across the broader digital landscape in an effort to capture a wide range of insights. The result is a comprehensive white paper titled: The Digital Journey. Below is an excerpt from the white paper.
It is apparent to everyone within the oil and gas industry that there are significant changes underway being driven by the need to operate more efficiently with fewer people. A catalyst for this change has been the application of digital technology where a focus on data science and analytics has resulted in a real and significant improvement to overall business performance.
While big data and analytics gets most of the attention, this is one aspect of a broader movement that is popularly referred to as the digital transformation. Unfortunately, there is a lot of confusion around this term as it has been adopted to mean many different things and promoted as the solution to all things. If we adopt the broader definition as:
… the transformation of business activities, processes, and workflows to fully leverage the changes and opportunities of digital technologies to deliver a better and more efficient organization
then it remains relevant and provides a framework for the discussions within the Digital Journey White Paper.
At EnergyIQ, our focus has always been on the integration of Well Lifecycle data from many different sources to deliver the most trusted version of that data to the business. Building on this foundation, over the years we have captured extensive domain knowledge in the form of business rules that are the core of data governance and enable automation. This foundation allows companies to focus critical resources on the use of data through analytics to drive business process improvement.
To receive a copy of The Digital Journey White Paper, please email firstname.lastname@example.org.
IQexchange 2018.1 Release
By Mark Baden
IQexchange 2018.1 release is now live! The evolution of data exchange continues with our latest version of IQexchange. Data exchange is a key component of the EnergyIQ software platform and Data Objects are core to IQexchange.
- Built around an industry-standard open engine for processing and distributing data, IQexchange is a collection of “agents” capable of producing and consuming data objects.
- Agents enable IQexchange to interface with any type of application via SDK or directly with a database.
- An open solution based on micro services that allows a high degree of flexibility for both configuration and implementation.
- We have built Agents that allow IQexchange to transfer data with applications including OpenWorks®, Geographix®, Kingdom®, ARIES™, WellView®, Enertia, Avocet, AFEnav®, and others.
- Our list of supported data objects has expanded and now includes: Well / Wellbore, Tops, Directional Surveys, Completions, Logs, Perforations (new), Tests (new) and Cores (new).
- Performance enhancements ensure data is delivered efficiently and at speed. IQexchange now includes several performance configurations that give the users the ability to tailor their experience for any environment. Internal testing is showing transfer rates of up to 19 million records per hour between our servers in Calgary and Houston.
Save the Date! EnergyIQ Rendezvous 2018: The Digital Journey
Each year EnergyIQ holds two customer events: The EnergyIQ Rendezvous and the EnergyIQ Technical Forum. The Rendezvous is our annual user group meeting, where we discuss company direction, product roadmap, provide training, and welcome customers to the stage to present the benefits and use cases for EnergyIQ solutions in their respective companies.
The Rendezvous this year will be October 2 – 3 in Houston at Marathon Oil’s corporate office, and October 4th Jim Crompton will be leading a day long workshop: Petroleum Data Analytics. Hope to see you there!
Log Data Management Enhancements
By Krista McDonald
We are proud to announce many enhancements for log data management in the newly available 2018.1 TDM release and the IQS 2018.1 release. These enhancements focus on 2 major areas of log data management: loading logs and exporting logs.
TDM Loader now parses significantly more data from both digital logs and raster log calibration files for storage in log data structures. This includes better definition around the log dictionaries in use and options for managing custom log parameters. A number of standard mappings for additional parameters are included in this release, in addition to the ability for admin users to define custom mappings for parameters of interest.
One of the biggest challenges in log data management is differences in file structure across vendors. Most vendors use their own mnemonics in the header, parameter, and curve sections and many times these mnemonics disagree across vendors. To support these differences, we introduced the Log Dictionary in 2016.1 which allows users to group curve and parameter mnemonics into different dictionaries, typically based on vendor. With 2018.1, further enhancements have been added including a new loader function that derives the appropriate dictionary for a set of curve mnemonics based on the vendor defined in file and additional support for defining default dictionaries at a dropbox level. Admin users can also configure multiple mnemonics for a single parameter to support differences in mnemonics for a single attribute across vendors. In addition to differences in mnemonics, there can also be differences across vendors regarding what section a given header or parameter attribute may exist in. To support this, we are now mapping all parameter and header attributes into PPDM based solely on their mnemonic, regardless of where it is found in the file. This means that attributes that were previously ignored in the Well Information section are now being loaded as parameters. Some of these attributes are valuable to capture, while others like State, Country, County may not be. To prevent extraneous records from being loaded unnecessarily, admin users can now configure a list of mnemonics that should be ignored.
Several dropbox enhancements are also in the 2018.1 release, including support for defining log class defaults for multiple types of log classes and subfolder inheritance of parent folder default attributes.
Enhancements to the Export management services now offer users greater control over log header data preferences and greater flexibility in the structure of the export. A new LAS writer gives users the option to replace the header information in existing log files with values from the blended well record, replace existing null values with a standard value, and standardize the well ID level. Users are also able to re-name exported log files according to a list of predefined templates which onsite administrators can configure.
Enhancements that give users more control over export file structure include options for zipping up the export and options for receiving either a structured or unstructured export. A structured export will deliver all selected files in the same file structure as they are stored in the TDM filestore. While an unstructured export will deliver a folder with all selected files in subfolders based on file type (e.g. LAS, RASTER). A user is able to choose zip for both structured and unstructured exports.
Admins are also able to configure whether exports are immediately downloaded to the users’ local machine or written to a ‘pathToExportStorage’ location. If the admin chooses to use the ‘pathToExportStorage’, this location can be a relative path on the application server or a UNC path to some other network folder location.
These are just some of the many features available in the TDM 2018.1 release. To read about all of the new features available, please contact EnergyIQ for a copy of the TDM 2018.1 release notes.
Meet The Team: Laura Elliott
Laura Elliott started at EnergyIQ’s Littleton office as a Client Services Analyst in April. It’s been a ‘mini’ career change for her after working more than 25 years as a geologic technician and geologist in the Denver area. No matter what her project assignment, she has always concentrated on data quality, so the focus is no different here at EnergyIQ. She is enjoying the change of pace and working in a team environment on the development of EnergyIQ’s software.
Laura graduated with her Bachelor’s degree from Oklahoma State University and received her Master’s degree from the University of Texas at Austin. She has almost 10 years of experience working for operators (Phillips, Chevron and El Paso), but has spent most of her career in the consulting realm. She is a seasoned user of LandMark’s OpenWorks®, which is coming in handy for the IQexchange User Acceptance Testing at Anadarko.
Laura has been married to her husband, Scott, since 2014 and has one daughter (age 26) and three step-children (ages 18-25). She lives in Highlands Ranch and is enjoying her short commute to the EnergyIQ Littleton office. In her free time, she enjoys gardening, bike riding, and has participated in both a 5K and 10K run over the last year with her daughter. Her running goal for next year is to complete the Bolder Boulder!
TDM Tips & Tricks: Where Exactly Is My Well?
We often have the privilege of working closely with our clients on their journeys to better manage digital well assets. During every series of training sessions, or ongoing dialogue that begins as a simple support question, we learn a bit more about what it takes to champion data management. This quarter we will focus on how we manage wells’ geophysical locations.
Location, Location, Location – TDM provides three versions of a well’s location for every surface and bottom hole. Starting with the delivered Raw Longitude/Latitude pair and its Coordinate Reference System(CRS), TDM generates both a Global version of the pair in the WGS84 CRS, and a Regional/Local version of the pair in the most relevant CRS set using Area Preferences or within user sessions.
As wells progress through the Well Lifecycle, the TDM loading and blending processes load increasingly more accurate bottom hole location pairs. One of the final steps in each loading process is generating the Global and Regional/Local location pairs using a Blue Marble based transformation, according to your settings and preferences. TDM can then provide the most relevant pair in consumable views, in exports, as mapping coordinates in your map layers, synchronized into IQinsights, during the Directional Survey management process, and in IQexchange data transfers.
See “Using Well Location Data” in your version of TDM Help
For additional information about managing wells geophysical locations in TDM and more, please contact us at 303.790.0919 or email@example.com.
Where Can You Find Us?
We’d love to see you in person. EnergyIQ will be attending and sponsoring many coming events. Some of them are listed here. Please come by and say hello. We’d love to see you!
- July 23-25, 2018: URTeC 2018 Houston TX
- July 26, 2018: PPDM Data Management Luncheon Houston TX
- August 15, 2018: PPDM Data Management Luncheon Denver CO
- September 20, 2018: PPDM Data Management Luncheon Calgary AB
- October 2-3, 2018: EnergyIQ Rendezvous 2018 Houston TX
- October 4, 2018: Petroleum Data Analytics Workshop Houston TX
- October 22-24, 2018: PPDM Data Management Symposium Calgary AB
- November 5-7, 2018: Executive Oil Conference Midland TX
- November 7, 2018: PPDM Petroleum Data Symposium 2018 Denver CO