Article | MigraPath in OGV Energy
Transforming Unstructured Data into Actionable Information
There are vast quantities of untapped and unstructured information across the Energy industry, particularly in Oil & Gas, where asset transition is common. Often there is inherent value in this data; however unleashing value can be complex, with a lack of clarity on what information is out there, who it belongs to, and what state it is in.
The monetary value in data, bought in an asset transition or when buying rights to data, can be staggeringly expensive; and one dataset could be paid for multiple times by different departments in one organisation. Within the data, there could be multiple versions, and if the wrong version is used, for example, as the source for exploration in defining the target for drilling a well, the results could be catastrophic.
With the impact of unreliable data insights so critical to business operations, we help align information and data with business processes so that the right information is available at the right time. We apply an integrated approach to information management, MigraPath, a data- driven methodology enables enterprise-wide clarity, facilitates rationalisation, reduces time to insight, and supports informed decision making.
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