Hydro Oil & Energy Information Management From data to decision support or vice versa Pål Skretting
PSR Date: 2004-06-16 Page: 2 Hydro Oil & Energy Background International Exploration and Business Development Competing for the Future
PSR Date: 2004-06-16 Page: 3 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
PSR Date: 2004-06-16 Page: 4 Hydro Oil & Energy Information Management My Definition Information Management contains standards, responsibility and processes, regulating the inception, management and use of information - in a way that secure identification and utilisation of valuable Information
PSR Date: 2004-06-16 Page: 5 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
PSR Date: 2004-06-16 Page: 6 Hydro Oil & Energy Changes Impacting Information Management Globalisation Growth in information volumes Centralisation Real time data flowing your way! Enabling technologies change rapidly
PSR Date: 2004-06-16 Page: 7 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
Information Management Implications PSR Date: 2004-06-16 Page: 8 Hydro Oil & Energy
PSR Date: 2004-06-16 Page: 9 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
PSR Date: 2004-06-16 Page: 10 Hydro Oil & Energy Shortcomings in our current practice Integrated Information Management Creating decision support Reconstruction of the information that constitute the desicion support traceability Managing information structures over time Tendency to disintegrate Improving our learning process
PSR Date: 2004-06-16 Page: 11 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
PSR Date: 2004-06-16 Page: 12 Hydro Oil & Energy Our Icebergs of Information Icebergs can symbolise datarooms Data rooms are as close as we get to pulling it all together Virtual data rooms could be an interesting way to a look at a more integrated approach for Information Management Decision support Underlying information Information Structures disintegrate there are numerous examples of milestones where a consistent snapshot would be valuable
PSR Date: 2004-06-16 Page: 13 Hydro Oil & Energy Hydro current setup - simplified External G&G Mgmt SAP GeoFrame Documentum SAP DMS National DB Project DB Documentum DB IH Services (Service Provider) Project Documentation (Internal)
PSR Date: 2004-06-16 Page: 14 Hydro Oil & Energy Content Information Management - my definition Changes Impacting Information Management Implications for Information Management Shortcomings in our current practice Our Icebergs of Information Now what?
PSR Date: 2004-06-16 Page: 15 Hydro Oil & Energy Now what? Adapt to the increasing pace from evaluation to decision Include all information elements in our approach Provide the foundation for faster and better learning Continous integration of systems and information types Organisational issues Discipline necessary Key Performance Indicators (KPI)
Hydro Oil & Energy Thank you for listening! Questions?