Data Habits and the Promise of the CloudWed, 01/18/2017 - 18:59
Data storage and information management in the oil and gas industry is a complex subject since companies frequently vie for the same information while regulators, analysts and planners all demand access to timely information to perform their own analysis of fields. Well operators and service companies face the challenge of collecting and making the data available to all, which can become time consuming and take away from core activities.
To solve this problem in Mexico, Canadian company Data Scavenger is introducing a cutting-edge solution for the storage and controlled sharing of critical data on a cloudbased system, says its President, Ron Daley.
Conceived in the field of Canada’s oil patch in 1999, Data Scavenger’s premise is simple: take the task of collecting and sending well data off the hands of operators and service companies. Through simply logging into Data Scavenger’s platform, interested parties can view the well data they need, on a real-time basis, to make critical decisions for their organizations. In essence, the Data Scavenger platform is a cloud-based storage and information sharing solution that eliminates the substantial time-consuming administration that comes with managing information between partners, service providers and regulators.
But in a newly opened market such as Mexico where until recently only one player held sway, the challenge of detailed, daily data transmissions is now being recognized. “When the market was dominated by PEMEX, they did not concern themselves with measuring every well because there were no additional partners who needed the data,” Daley says. “But as new entrants come into the Mexico energy market and partner with PEMEX and other operators, the need to store and share critical information is set to rapidly expand.“
Data Scavenger’s ambitions for Mexico are backed up by its success, with over 90 percent of oil and gas producers in Canada securely hosting and sharing their information on the Data Scavenger platform. Essentially, Canada has created a central clearinghouse for oil and gas information that has added efficiencies throughout the industry. Daley is now on a mission to replicate this market presence in Mexico by working directly with PEMEX, new operators and CNH for their well data management processes. “We are focused on becoming the standard to help Mexico’s new energy industry manage its data effectively and efficiently,” Daley says.
Data Scavenger arrived in Mexico over two years ago as part of an Alberta trade mission aimed at promoting Canadian technology overseas. But translating its solution into the Mexican market has not always been easy and challenges are to be expected in a newly opened market, Daley says. “Right now, Mexico has a unique blank sheet to work with, much like Canada did 20 years ago,” he says. “The advantage is that global technology has already been developed, refined and is ready to be applied in Mexico.”
Data Scavenger’s approach affords its clients with several advantages that allows companies to easily integrate with a diverse set of partners. This is an especially pertinent factor taking into account that with many new industry participants, a need to implement a change of process has taken place. As well as the ability to be flexible to client’s needs, Data Scavenger provides the utmost security for all the data it handles on behalf of its clients. Data Scavenger uses the latest cloud security systems to safeguard the data it manages. “It is both our biggest expense and biggest value,” Daley says, adding that cloud storage is commonly used by many companies to store financial data so it is among the securest on the market. Building faith in cloud storage is something which takes time. Data security and integrity is the prime objective and it is essential that only authorized users access the confidential information within the Data Scavenger platform.
“Our motto is: keep it simple,” Daley says. Although the vast amount of data held by the company could be used for data analytics and the like, Daley is convinced that sticking to what it knows best is the company’s saving grace. “Put simply, we take data for where it is created and provide it securely to whoever has been authorized to access it,” he says, “and that is what we will keep on doing.”