Global Assets

Introduction

Global Assets are wells or facilities that reside at the Company level allowing for linking into multiple projects. Global assets can be used to make corporate assets available across multiple projects, to the entire company or select user groups.

Type wells, PDP wells, Facilities

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Layout of Global Assets

Ability to have multiple scopes utilize Global Assets that are managed in a central, company-level location.

  • Ex: US Production Company Scope1: Bakken
  • Version 1: Budget Submission
  • Version 2: Q1 Update
  • Scope2: Permian
  • Scope3: Eagle Ford

 

  • Can have multiple Global Asset Versions
  • Can copy data from one Version to another
  • Can edit selected Global Assets in a dynamic project

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Advantages of Global Data

Well and Facility data can be updated a single time and updated to all Projects.

  • Production history 
  • Production forecasts 
  • Capital
  • Opex
  • Shrinks & Yields

Uniformity of data across as many projects as needed.

  • Eliminates data duplication and enhances quality of data
  • Allows for multiple users to manage their group of wells

Scenarios in a Project can point to different Global Asset Versions.

  • Allowing for scenario analysis of Q2 projections vs. Q1 in a single Project

Wells can be flowed through a Network based on a data field.

  • Automatically link based on Field, Gathering System, etc.