Overview
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.