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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