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Tigress MD argues the case for integrated, real-time databases

 

13 December 2005

“Without an integrated, real-time E&P database, a company will no longer be able to manage risk effectively, maximise shareholder value, or address a number of key obligations of the organisation.” This was the core argument in a speech by Tigress Ltd’s managing director David Sullivan at the Petroleum Exploration Society of Great Britain (PESGB) Data Management 2005 conference earlier this month.

Held at the Geological Society in London, the two-day conference on 5 and 6 December included speakers from across the E&P industry. Attendees heard talks on a variety of subjects, including case histories and studies, standards, technology and business performance.

In his speech, entitled ‘From Baghdad to Banking: E&P Data Management in the Real World’, Sullivan suggested that “all E&P companies now require an integrated E&P database to compete effectively. This is no longer a luxury, but a necessity, just like an accounting system, a health and safety policy and a board of directors". To illustrate his points, he included some powerful examples from Tigress’s own work in the field, including one based on a recent project in Iraq.

An article based on Sullivan’s speech will be published in a forthcoming edition of the European Association of Geoscientist’s and Engineers’ (EAGE) First Break magazine.

More information

Read a summary of the First Break article on the First Break website.


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