Transforming Information Exchanges in the Energy and Utilities Industry
The energy exploration and production (E&P) sector is considered a high-risk, high-reward industry that is fraught with many content challenges due to heavy information exchanges from joint ventures, mergers, acquisitions, and divestitures. Whether working onshore or offshore, the content exchanged in E&P environments is file intensive—both in volume and size—as well as labor intensive in terms of people and processes. Consider for a moment how big seismic, well-log data, and CAD files can get. Then, consider how intensive the application to drill process is due to all the approvals and collaboration that takes place in support of the exploration plan (EP) or development operation coordination document (DOCD). Not to mention all the exchanges and negotiations needed in land lease agreements.
If you’re in this industry, you know how important it is to have timely information exchanges. You also know how important it is to keep and maintain records for regulatory and compliance purposes. Most imperative, what happens when a company is missing critical documents like oil spill response plans or supporting documentation proving the site is operating in compliance with the regulations around the National Environmental Policy Act?
Organizations that are struggling with the amount of collaboration that occurs between owner operators, engineering procurement and construction companies (EPCs)—and the gambit of state and federal regulatory bodies—know it’s imperative to identify and mitigate any potential disruptions to the information flow. During a recently recorded webinar, Steve Studer of Zia Consulting, shared insights and best practices around effective content management and change control. During this on demand session, Steve touched on:
• Managing streaming data as well as static documents
• Documents of record versus version noise
• Content dissemination and consumption
• Content federation
• Audit and analytics
• Content retention and governance
If you are struggling with knowledge and information transfer, regulatory compliance, knowing where your content resides, and manual processes, download our latest white paper now: Using Digital Handovers to Transform Information Exchanges. Or, contact us today to find out how we can help you take control of your information transfer.