Total Asset Manager

Total Asset Manager (TAM)

Solution Overview

Upstream Professionals Inc., (UPI) is an oil and gas Consulting company that provides upstream optimization services using a special Framework Methodology to maximize operations efficiencies. The focus is to assess your Well Life Cycle environment to jointly determine a Well Master Strategy that works best for you. The assessment includes; identifying processes that need improvement, evaluating your current IT infrastructure for completeness and effectiveness, and to prioritize key areas that need enhancement & performance improvement.

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Total Asset Manager (TAM)

The way you run your business is unique, and UPI uses a proven Methodology we created to determine your business and IT requirements. The results become the basis for your Well Master Strategy for optimizing your people, processes and information resources for a better return on your Assets. The TAM Solution was born to implement your Strategy, and provide operators a user-friendly Framework to add, edit and evaluate new Assets, and provide a centralized, trusted source for reporting and informed decision-making.

TAM fosters an innovative environment that combines Asset Management with your Well Master Strategy to allow the integration of information from a variety of sources as you grow through both the drill bit and acquisitions, and be able to see the metrics of that growth in real time, minimizing the stress on your technical staff to try to keep up with conventional methods that simply don’t work. The TAM repository pulls all its information from core data centers and the dashboards you see will reflect those values to allow reporting that has appropriate audit trails back to the record of source. This is an important element in SOX compliancy.

Total Asset Manager (TAM) Overview

Total Asset Manager (TAM) integrates key information from drilling, wellwork, production, economics, land, accounting, and other applications and repositories to provide an integrated information environment for unlimited insight into your business and a better understanding of your Assets. TAM becomes the central repository for immediate, accurate reporting and becomes the solution for managing your Well Master Strategy.

TAM is designed to be the trusted source for adding new wells into your environment, with the ability to quickly configure TAM by users instead of having to depend on the availability of expensive programmers to code new wells into your system’s tables. TAM becomes the central repository for Dashboards, scorecards and other BI tools for visual and analytical insight into your business performance. For example, one of UPI’s clients uses TAM to compare their budgets and forecasts with actual numbers, with potential drill-down capabilities into problematic areas if desired. What used to take weeks, and multiple resources to accomplish, is now at the fingertips of an Executive for near real-time results.

Framework Methodology Objectives:

· Transform your business around Asset Management

· Align people, processes & technology to support and maximize the productivity of your key Assets

· Determine application and data integration requirements

· Information & workflow completeness and efficiencies

· Determine Framework requirements for Future Acquisitions and integration of new wells

· Id Reporting requirements to Support your Vision

· id top KPIs for Analysis of Business Performance

TAM Benefits

· Integrated Applications Platform for a trusted Centralized Repository that drives Dashboards

· Performance Management insight into operations' performance to monitor, manage and analyze your key Assets with Business Intelligence

· Built for Reporting measure, monitor and manage KPI performance with drill-down capabilities, variance reporting, and endless Analytical reports