Business Impact

1.       Performance Management — TAM links operational activities with business strategy. Defining the right KPIs is critical, because, if well chosen, these are the appropriate measures of the success of strategic objectives. TAM is the central repository for driving Dashboards, scorecards and other BI tools with a special focus on measuring and managing performance

a.       Single Repository of data that drives dashboards

b.      Trusted environment for data as the version of truth to define the Golden Rules

c.       BI Platforms — TAM is designed to drive any BI vendor in the market so a client can use any application they prefer.

d.      TAM minimizes the time to realize value as a core repository

e.      Streamlined user-directed Performance Tracking

f.        A solution to measure resource performance

g.       A solution that tracks critical performance management processes  and informs decision-makers of any variance outside of user-defined thresholds

h.      Compare Actual versus Budget versus Estimated costs against Actuals

i.         Facilitate identification of failures and performance achievements

j.        Insight into operations’ performance

k.       Immediate, accurate net/gross production numbers with drill down capabilities on a daily basis

l.         Streamlined user-directed Performance Tracking

m.    A solution that tracks critical performance management processes  and informs decision-makers of any variance outside of user-defined thresholds

2.       People and Processes — TAM brings people and processes together and drives consistencies and standards between systems and departments.

a.       A Solution that can be managed and utilized by non technical users

b.      Improved data access through personalized role-based views

c.       Collaboration among Management, Planners, Engineers, Geo-Scientists, Legal, etc. team members

d.      Present data filtered to the needs of the user; maintains their profile settings

e.      No limitation on asset attributes – users can add new or expire old attributes at any time

f.        Standardized method to present the data

g.       Users enter the information rather than coders

h.      Users enter Formulas and rules into TAM, rather than a BI tool so that Users can are in charge and don’t have to depend on an expensive programmer to enter new properties and assets or change rules and formulas

i.         You see the results right away

j.        Improves collaboration & teamwork

k.      A Solution that can be managed and utilized by non technical users

l.        Improved data access through personalized role-based views

m.    Collaboration among Management, Planners, Engineers, Geo-Scientists, Legal, etc. team members

n.      Deliver Clarity, Consistency, Continuity and Collaboration of data and processes

o.      TAM is configurable rather than coded by programmers

3.       Central Repository for Dashboards and Business Intelligence Applications.  TAM integrates key information between drilling, wellwork,  production, economics, land, accounting and is capable of integrating unstructured data if required. 

a.       Trusted, integrated environment for data as the version of truth to define the Golden Rules

b.      TAM merges Data Quality, Data Integration, and Data Virtualization with Master Data Management

c.       Supports the Well Lifecycle Master Strategy

d.      Single Repository of data that drives dashboards

e.      Synchronized data accuracy between systems

f.        Scalability and efficiency based on our Logical Data Model

g.       TAM is configurable rather than coded by programmers

h.      TAM minimizes the time to realize value as a core repository

i.         Integrated Platform Solution

j.        Integrated Information Infrastructure between source repositories and dashboard displays

k.       No limitation on asset attributes – users can add new or expire old attributes at any time

l.         Trusted source for immediate, accurate information

m.    to form a unified Information Management Platform for structured and unstructured data

n.      Standardized method to present the data

o.      Synchronized data accuracy between systems

p.      Scalability and efficiency based on our Logical Data Model

q.      Full audit-ability with point in time reconstruction of data

r.        Users enter the information rather than coders

s.       More efficient

t.        Saves time and money

u.      Integration of business and technical analysis

4.       Business Simulation – The rules and formulas are managed by TAM and plans are in place to refine the interface to perform Business Simulation capabilities by using analytical tools and models to maximize business process and decision effectiveness by examining alternative outcomes and scenarios, before, during and after process implementation and execution. The new step is to provide simulation, prediction, optimization and other analytics, not simply information, to empower even more decision flexibility at the time and place of every business process action. The new step looks into the future, predicting what can or will happen.

a.       Formulas and rules are entered into TAM, rather than a BI tool so that Users can are in charge and don’t have to depend on an expensive programmer to enter new properties and assets or change rules and formulas

b.      You see the results right away

c.       Business Simulation will be achievable with TAM

d.      Another objective is to refine the user interface to make Business Simulation an easy task.  For example, the ability to easily assign and change Risk values and Economic values to an Asset  to see the impact differences.

e.      Enable user to create “what-if” scenarios and perform comparative analyses

f.        Business Simulation will be achievable with TAM

5.       Advanced Analytics -Optimization is achieved through a series of KPIs and Dashboards that measure and report performance gains and losses through various analytical techniques and perspectives.  UPI has developed several KPIs that allow an Executive to see how their Assets are performing in near real time. TAM enables analysts to work with end users to build up a lexicon of relevant attributes need for business optimization and support for decision makers.  TAM works with the defined attributes to produce Business Intelligence (BI) type dashboards and reports.  Based on the outputs, end users can incorporate additional constraints, more attributes and business rules. This iterative process continues until the end user has the needed presentation of data that aid decision makers.

a.       Clear and consistent reliable information to make decisions

b.      KPI-oriented and designed to measure, monitor and manage performance with drill-down capabilities

c.       Net/Gross Daily Production figures & variances

d.      Capital Costs – Actual versus Budget information & variances

e.      AFE versus Actual versus Estimate Budget Information & variances

f.        Reserves – Actual finding costs versus Planned

g.       Planned Wells versus Actual Drilled

h.      Provide client-specified KPIs with drill-down capabilities

i.         Built for reporting and decision-making

j.        Immediate, accurate net/gross production numbers with drill down capabilities on a daily basis

k.       Drives any Dashboards and BI tools available

6.       Export Capabilities TAM can be configured to output data in any user-defined, flat-file definition.  This is maintained via a mapping of the TAM lexicon to a structure-attribute table definition. "Structure" is analogous to "Asset" and can be created to support a Business Objects (BO) universe need, a comma separated variable (csv) file layout for analysis using Microsoft Excel or input to database table, or an XML structure

7.       Portfolio Optimization that empowers management to 

a.       Identify, standardize and automate best practices throughout the organization

b.      Set benchmarks for performance that can be monitored, measured and managed

c.       Assess performance of Service providers and Suppliers

d.      Boost overall efficiencies  (in  terms of production capacity, increased margins)

e.      Address and manage risk and optimization processes

f.        Provide visibility into Asset based operations

g.       Efficiently navigate system environment  assets

h.      Capture and organize useful asset information to run the business

i.         Facilitate decisions requiring AFEs, budgetary, or net/gross planned data

j.        Identify work processes that do not meet target objectives or list the best or least performing assets

k.       Full audit-ability with point in time reconstruction of data

l.         Monitor, manage and analyze your key Assets

m.    ROI-oriented to enhance management’s understanding of your Assets

n.      Clear and consistent reliable information to make decisions.

o.      Portfolio Optimization

8.       Acquisition Integration – Because TAM can act as a data repository back to any application, acquisitions from both a well, facility, pipeline, or Land perspective can be pulled into  your Master Asset strategy and then utilized to populate your applications that do the details for a quicker “get up and go” time to absorb the acquisition.  Because TAM can configure new parameters to be tracked without additional code being required, an operator could even add to strategic tracking parameters as they became clearly needed to do so.  TAM becomes the focal point for adding new wells and updates each application as though it were entered directly as a new property or asset. TAM is the solution that supports the Well Lifecycle Master data Management Strategy.

a.       More efficient

b.      Saves time and money

c.       Ideal for adding new Assets & responsiveness to change

d.      Adding new wells into TAM can be performed by users without the need for expensive programmers

9.       Future Capabilities of TAM The UPI Roadmap of planned Functionalities and applications:

a.       Drilling Metrics  -  Many other numeric metrics in your  operations on assets / wells can be brought in to TAM and put  out on dashboards. (Depth vs. Days by region, rig, other, Depth vs. Cost, Capital Estimated Spend Totals by Region to help anticipate accounts payable) and many other things.

b.      Add Profit / Loss Reporting and Dashboards -   We have designed TAM to  be able to manage P&L statements from accounting, and will be building out  that capability in the near term for utilization  in our  customer base

c.       Scheduling and Maintenance optimization – TAM is designed to manage Assets and even though the primary initial focus is oil and gas fields, one of the logical capabilities UPI plans to add is the ability to optimize scheduling and maintenance for any kind of asset.

d.      Access and retrieve selective operational data that supports specific BI needs

e.      Capital Management Dashboards -  Integrate Budget  Capital with AFE’s Actual, Budget, Estimated data to give a visual of the results of capital expenditures.  Because of the TAM database configuration, it would be very straight forward to plot overall capital spend plans, estimates, actual against budget production, budget revenue, actual production, Actual Revenue and give you overall initiative rollups of your return on capital spent views.

f.        Land Expiration Management – Because of the ability of TAM to track any type  of asset by asset type and utilize parameters such as district, area, sub area already defined for wells along with additional unique parameters required by the asset type, you overall land position could be managed in TAM, with expiration dates.  This would allow PUD’s , POSS, PROB’s to  be tied to their respective reserve estimates and expiration dates to help in the process of optimizing rig plans and exploration plans on held acreage.

10.   TAM Manages Change with Audit-ability - TAM obviates the “Requirements are not defined” argument, and Referential integrity ensures that no property is removed if data was entered for that property

a.       TAM’s Lexicon ensures complete textual data consistence as it is not possible to have two names for the same assetid-property.

b.      TAM’s repository only stores defined, date-dependent property-values “Don’t have all the data to load?” no problem, load what is known, then add other data later.

c.       TAM’s Lexicon eliminates end user data entry on preset values properties

d.      TAM Efficiencies include bit map algorithm isolates assets that meet defined “demographic” criteria and fully indexed repository ensures optimal performance

e.      The audit facilities of the DTE maintain records on these changes to ensure point in time data consistency.

f.        Full audit-ability with point in time reconstruction of data

g.       TAM also appends a record of each change to the Audit (up_Audit) table. The administrator manking the change, may add an explanation of the change in the Audit table.

TAM Capabilities:

1.       Integrated Applications Platform for a trusted Centralized Repository that drives Dashboards

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

3.       Built for Reporting measure, monitor and manage KPI performance with drill-down capabilities

4.       Advanced Analytics  use any BI vendor tools for analytical views and perspectives

5.       Acquisition Integration  Ideal for adding new Assets & responsiveness to change

6.       Portfolio Optimization ROI-oriented to enhance management’s understanding of your Assets

7.       People & Processes Improves collaboration & teamwork

8.       Manage Capital Costs & Downtime with auditable Dashboards in a changing environment

9.       Future Capabilities include; Business Simulation, Profit/Loss, Scheduling & Maintenance & more

10.  Export Capabilities (csv),flat file, database table, or an XML structure