Contracting Framework for Real Time Drilling Data Services

Oil & Gas Super Major & Major

Development of a framework to facilitate the negotiation of RTDD contracts with Drilling Service Companies

Objective

  • Customer had no agreements in place with any Drilling Service Companies to guarantee the provision of RTDD during drilling campaigns.
  • We were engaged to help the customer asses requirements and develop a framework to allow the operator to develop RTDD specific contracts with Drilling Service Companies.

Solution

  • We worked with the business stakeholders to assess what data definitions, service levels, and data standards would be required to form the basis of a Master Service Agreement(MSA)
  • We worked with the business stakeholders to assess what data definitions, service levels, and data standards would be required to form the basis of a Master Service Agreement(MSA)

Benefits

  • Ability to more greatly rely on Service Company Data to make decisions.
  • Underpin the ability to make Real Time Decisions and to realize the business case associated with Real Time Data.
  • Provides a cornerstone for advanced decision making around workflow and analytics.