The Oil & Gas industry has become a data-driven business. Organizations that can master the complex data relationships among licenses, projects, fields and wells – and do it cost-effectively – can gain a significant advantage over their competitors. Maestro Oil & Gas delivers the data management tools and best practices required to tackle this challenge, in cost-effective industry-tailored MDM solutions. Maestro Oil & Gas leverages the PPDM data model to ensure compatibility with other standard systems, while the Maestro software development kit (SDK) provides the tools needed to ensure that the integration of custom applications meets project goals on time and in budget.
End-to-end Oil & Gas MDM
Maestro Oil & Gas, constructed from Profisee’s extensive real-world experience and collaboration with professional oil & gas associations, delivers a comprehensive MDM solution for the oil & gas industry. Maestro provides an expansive data model and industry reference data; matching, survivorship, and data quality strategies; integration, collaboration, and governance services; expert skills transfer and implementation services; and complete platform and solution support.
Maestro Oil & Gas delivers all the software, master data models, and skills you need to be successful, for a single investment. From day one, budget, investment, and ROI are known, with no hidden costs, such as transaction fees for data quality, costs based on variable record volume, or the size of your business or data models, and no extra fees for tackling the next data domain.
Maestro Oil & Gas encompasses education and skills transfer as critical components of solution delivery. All Industry Solutions include full classroom training, extended project documentation, and skill development approaches. Rapid self-sufficiency is key to leveraging in-house resources, executing on an optimal ROI basis, and efficiently rolling out additional MDM and reference data solutions going forward.
Profisee is a full-service MDM provider, delivering best-in-class software, comprehensive industry models, and expert services and support. For resource-constrained customers, Profisee provides complete turnkey services—from basic SQL Server installation, to oil & gas-specific model extension, to establishing best-practice business processes and data governance programs.
Benefits of Master Data Maestro for Oil & Gas
Maestro Oil & Gas is compatible with the PPDM Association model, which is highly regarded among exploration and production companies and is the de-facto standard within the industry. Leveraging PPDM within your organization can lead to optimal data management processes and limit transition costs if and when acquisitions occur.
The Petroleum Industry Data Exchange (PIDX) is the issuer of eBusiness standards that facilitate seamless, efficient electronic business within the oil and gas industry and its trading community. Maestro Oil & Gas delivers out-of-the-box MDM capabilities that leverage PIDX industry standards to provide a more standardized and integrated procurement process.
The Maestro Oil & Gas industry model initially provides out-of-the-box all standard PPDM master entities, such as wells, facilities, and business associates; however, users have the flexibility to customize these entities to include additional geo-spatial information, as well as files, such as surveys, plans and blueprints.
Maestro Oil & Gas supports any number of hierarchies on any entity, and includes the most common hierarchy structures out-of-the-box. With a simple data load into the standard PPDM entities model, these hierarchies become fully operational.
Master data versioning capabilities enable the tracking, archiving and management of snapshots of data at any given point in time. Compare month-to-month variances; manage acquisition models pre- and post-acquisition; synchronize data across multiple versions—Maestro Oil & Gas packages the necessary audit and reporting functionality to deliver authoritative master data with a transparent audit trail.
Maestro Industry Solutions for Oil & Gas includes:
Oil & Gas PPDM-Compatible Model
Leveraging all of the capabilities of Master Data Services and Maestro, the Oil & Gas model contains over 70 Entities and 1200 Attributes. Compatible with PPDM standards, Maestro Oil & Gas Industry solutions provide users with a consistent model to accelerate implementation, while providing the ability to customize to match their business needs.
Oil & Gas PidX eProcurement Model
The Maestro Oil & Gas solution is compatible with PIDX standards and provides a consistent model to accelerate and standardize your eProcurement implementation. A centralized Pricesheet Model deployed within Maestro enables your organization to develop, maintain and track versions of catalog information exchanged with your trading partners to increase efficiency, drive compliance and support master data management in the eProcurement process.
The Maestro Oil & Gas model ships with over 100 pre-configured business rules to provide instant feedback on data compliance with industry standards. Maestro and MDS provide users with easy-to-use interfaces for managing and extending these rules.
Maestro Oil & Gas comes pre-loaded with initial matching policies for central entities such as business associates and wells.
Integration Service Accelerators
All major entities within the Oil & Gas model also contain a corresponding Integration Services package to assist users in building integration with the MDS model. Additional services or customization will be required, as each implementation is unique.