As the E&P industry faces a transformative digital future, the current methods for handling, storing, sharing, and accessing subsurface data are quickly becoming outdated and unsuitable. To overcome the roadblocks of current data management methods, several key industry players have come together in the Open Subsurface Data Universe (OSDU)® Forum to develop a standardized, flexible, and scalable data platform for the oil and gas industry.
The OSDU®Forum is a conglomerate of leading oil and gas companies coming together to discuss how we can transform the complex data and application environment in the industry. Consisting of industry operators, software application developers, oil and gas service firms, and academic institutions, the OSDU® Forum aims to change the oil and gas subsurface business. It will do so by breaking down information silos, putting data at the center in a new data platform, and stimulating the development of new and innovative applications.
The OSDU® Data Platform is the centerpiece of the OSDU® project. It will collect and store all exploration data, development data, and production data in the same format on the same data platform and provide a well-defined set of application programming interfaces (APIs) that makes it easy for E&P companies to locate and access all relevant subsurface data.
The core principle of the OSDU® Data Platform is to separate data from applications so that it becomes easier to access data, to experiment and innovate, and to improve the efficiency and accuracy of exploration and production processes. The OSDU®, then, represents a significant change in mentality for the E&P industry: We will primarily become data-driven, not applications-driven.
Furthermore, the OSDU® Data Platform will play a critical role in the development of new, innovative, and digital solutions for the E&P industry. By agreeing on and adopting a common open and standards-based data platform, E&P companies can easily share non-differentiating technology that will enable innovative and differentiating digital solutions. Since the OSDU® Data Platform standardizes all available subsurface data, it becomes an ideal arena for building new software and creating innovative applications to benefit the oil and gas industry as a whole.
The OSDU® Data Platform is, in essence, an industry-wide, digital transformation initiative that will fundamentally change how subsurface data is stored, shared, accessed, and handled. It will uproot our current methods for managing data and pave the way for new data management strategies and innovative technologies that will accommodate the digital future of our industry.
We believe the OSDU® enabled and data-driven future of the oil and gas industry will generate considerable business impact and significant benefits for E&P companies as the solution matures more and more:
As I’ve written elsewhere, the digital transformation of the E&P industry begins with data consolidation – that is, collecting and integrating data from multiple sources into a single destination. The next step is to break down information silos, share data on flexible and scalable data platforms, implement advanced analytics, and develop new and innovative applications. The OSDU® Data Platform, then, constitutes the next logical on the digital journey for most E&P companies.
As an active member of the OSDU® Forum, Cegal works persistently to create innovative and user-friendly solutions and services for the platform – aiming to become the leading vendor-neutral hosting partner of the OSDU® and OSDU® related services.
In 2020 we announced deployment, operations and advisory for the OSDU® Data Platform. For any company with a need to liberate data from their subsurface applications and create new innovative workflows, the service will provide and operate the modern and centralized data platform for the E&P industry. Cegal will also aid E&P companies in the development of new and pioneering applications utilizing the OSDU® Data Platform.
Together with Microsoft we can deliver and operate Microsoft’s Azure Data Manager for Energy. This means that we can set up a full cloud native OSDU® solution in Azure alongside our Cetegra products. We’ll optimize the user experience with the Cetegra workspace and provide a place for your desktop apps in Cetegra HPD.
Read the article: Cegal and Microsoft break down data silos and offer open collaboration with Microsoft Energy Data Services
There is great promise with AI and OSDU®. With data being nicely structured in the platform it will be possible to converse the data just like you do with Chat GPT and start to generate content from the platform such as reports and autocreation of apps and analytics.
We are always on the look-out for early adopters interested in investigating the opportunities and possibilities inherent in the OSDU®. Whether you want a “lift and shift” from existing platforms to the OSDU® Data Platform or redefine the entire subsurface workflow, we want to talk with you.