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Monday
22Jun

Oil & Gas Industry Collaboration Survey 2009

The article in E&P magazine describing the benefits of creating a Facebook for the Oil and Gas Industry that I discussed in my previous post actually was prompted by the Oil & Gas Industry Collaboration Survey 2009 which was conducted by Microsoft and Accenture - available here. This is an interesting survey from a collaboration and more general IM point of view.

The survey had responses from more than 270 oil and gas industry professionals of all backgrounds and experience from all over the world working in both upstream and downstream. The survey asked some pretty specific questions about the use and potential of collaboration tools, including tools such as instant messaging, wikis and blogs. The survey came out with some interesting facts. Here are the quoted key findings;

  • Forty percent of oil and gas professionals view new social media tools as useful to boost collaboration and productivity at work, but only one in four report using these newer tools to capture and share information internally.
  • The majority view collaboration and knowledge-sharing as important for critical initiatives, such as capital projects, well management and the health and safety of workers. Conversely, most respondents stated that their organizations are still using older means of collaboration, such as face-to-face meetings, e-mails and phone calls.
  • More than 60 percent of respondents reported spending over one hour a day searching for information and knowledge sources relevant to the jobs.
  • Industry professionals are concerned about the need to capture knowledge from experienced workers before they retire or leave the company.
  • Only one-third of the respondents believe that their companies are fully prepared to exploit the enhanced sharing and capturing of the company’s intellectual capital.

From a general information management point of view point three that states over 60% of respondents spend over an hour a day looking for information sources relevant to their job, is interesting. The survey equates this to a loss to the industry of $485 Million a not insignificant sum. If you then think about stated statistics from Chevron that a "significant amount of time (30-70%) is spent looking for and assessing the quality of the data found " then between them there is a serious business case for IM, collaboration technologies and data quality!

What do you think?

Monday
08Jun

Social Networking for the Oil and Gas Industry

I came across this article in E&P magazine describing the benefits of creating a Facebook for the Oil and Gas Industry. The article actually starts off talking about fairly standard information portals using the example of a portal developed at ConocoPhillips. The article talks about the importance and need for preserving and giving access to institutional knowledge and cites the well recognised industry problem of an aging workforce as one of the main drivers for having such a portal.

There is a description of the portal that gives role based access to varied information such as current production and various key performance indicators etc. and is similar to what is provided by many portal products. The ConocoPhillips portal supports the need to work in virtual teams with team members based in different locations and this where the social aspect begins to become important, with the use of discussion boards cited as an example of where company wide collaboration helped solved a major operational issue.

The article then moves on to look at the next generation of information portals which are defined as being more dynamic and fluid with social media tools like blogs, micro-blogs, wikis, and social networking integrating in with the traditional functionality to enhance business productivity.

"The portal of tomorrow also acts as a hub for a user’s daily work activities. A petroleum engineer, for example, may start his or her day by opening a personal site on the portal. This page is similar in look and feel to a Facebook profile, allowing the engineer to post relevant information such as personal details, documents, contacts and knowledge areas. The user can also subscribe to news feeds containing events and alerts associated with entities they manage such as wells, fields or equipment."

The article finishes by going through a scenario of an engineer reacting to an alert in her newsfeed and the implication is that this is the reality of the ConocoPhillips portal today, though this is not clear.

I like the idea of the personal information portal and I do think that it is one place in the work environment where we need to tie all the information feeds together, and acts as an aid to collaboration. Not so sure about the knowledge capture aspect that is cited as a major business driver.

Any thoughts?

Monday
09Feb

Information challenge 3 - Information complexity and shadow applications

In this series of posts we are looking at the challenges facing any organisation who wants to effectively manage their information. I am using the Oil industry as an example but I am sure that most of these challenges will exist in any organisation.

Information challenge 3 - Information complexity and shadow applications

Even in not particularly technology driven companies organic growth and industry consolidation can result in information system environments that encompass a number of merged technologies, processes and attached culture which will quite probably be spread across many diverse locations. You can easily imagine how quickly the data flows and the supporting systems can become very complex and a challenge to manage.

Systems complexity

For technical companies with work flows driven by a large range of different technical information this underlying complexity can be increased significantly. A typical oil company for instance will often be making use of hundreds of different technical applications in addition to the standard business systems and desktop productivity applications.

Data complexity

Most of these systems are all potentially driven, certainly within the oil industry and I am sure others, by many different data types and needs, often requiring additional different views of the same or similar data. Providing support for and managing all this is challenge enough. Often however these applications are geographically dispersed, do not talk to one another and can in many cases may have multiple roles, acting as sources of data as well as being users of data for instance. Add to this similar roles being played by different applications for the same data type and the result is significantly increased complexity!

Shadow Applications

If you are a knowledge worker and a user of these complex systems, you often will to have to integrate results and consolidate data from different applications and data stores. Often the spreadsheet is the chosen method to do this. Additionally results from both technical applications and spreadsheets are often presented to management in a presentation format usually PowerPoint. But the problem with this even if your information is well managed is structured and unstructured data repositories, some of the key business decisions are being made in shadow applications like error-prone spreadsheets, where it is often difficult to manage or validate data quality, duplication and version control. If not addressed this can lead to a significant gap in the management of a company's information and the retention and knowledge of key business decisions.

To begin to address these issues requires that an Information Manager takes the time to gain an overview of the systems they have in place. Of course spare time is not something that most managers have, so finding the time away from operational issues will be an issue in itself!

Read the other posts in this series.

The Challenges of Information Management
Information challenge 1 - A Data Explosion
Information challenge 2 - Data Quality

Monday
02Feb

Information Management - Demonstrating the value

I am presently involved with helping the SPE organise a Information Management forum, the general theme of which is demonstrating the value of information management. I wrote the following draft abstract for the brochure to introduce the theme. What do you think? Any feedback?

Demonstrating the Value

If you were to ask any CEO in the oil industry or indeed any other industry about the importance of information to his business what would his answer be?

It has been reported that over 90% of organizations view their ability to manage electronic information as critical to their future, that information is a key asset that should be managed appropriately and one which provides a significant opportunity to differentiate themselves from their competitors.

Historically though, and especially within the Exploration & Production domain, many information and data management professionals have found it difficult to demonstrate the true value of information management to the business. The challenge is that while information management is the enabler of the business processes which deliver the business results, there is often no clear direct link between information projects and business performance. As a result of this, especially during periods of low commodity prices and a challenging business environment such as the one we are presently experiencing, information management finds itself a potential target for cost reduction and project cancellation.

Meanwhile the information management challenges are growing at an ever increasing rate. The amount of data now generated during the lifetime of an reservoir has moved into the Petabytes and is fast heading towards Exabytes. Integrated workflows and next generation technical applications offer greater capabilities for modelling, visualisation, running simulations and analysing multiple scenarios but are placing an ever increasing demand for easy and timely access to quality data sources.

We need to think differently, possibly very differently to meet the information demands of the industry, successfully solve the problems that lie ahead and demonstrate the value of information management.

Thursday
29Jan

The digital cloud needs trust

Examples of serious data security breaches come every few months these days. The Times Online and other sites are today reporting that hackers have managed to infiltrate the systems of monster.co.uk the popular recruitment site. The hackers have managed to get away with personal data such as names, passwords, telephone numbers and email addresses for 4.5 million people the company admitted yesterday.

Apart from the rather obvious bland statement that there is a need for better information security management, it is just this sort of event that increases a mistrust of internet services. Trust acts as a significant barrier to increased uptake of online services. This is obviously a big problem if your company business strategy is based on moving people to the cloud.

It is about trust


Trust has to be earned before people can get over the psychological barrier of letting go of their own data. I have seen this with both large companies and individuals. People argue about security etc. even when it has been quite easy to demonstrate that their data is likely to be safer in the cloud.  Trust will only be built as people begin to understand the concepts around cloud computing, the technologies involved and the benefits they bring. I see that for most organisations it will be a progression, with plenty of lessons learnt along the way.