Digitalization and Data Democratization in Offshore Drilling

Abstract

Digitalization involves the use of digital technologies to improve, or create new, business processes that drive operational efficiencies. Moreover, the concept of data democratization allows the fruition of digitalization; the data sources, data processes, and content, to be leveraged and scaled enterprise wide. Visualization and self-service analytics platforms allow all levels of business more autonomous ability to analyze and communicate data driven solutions to decision makers and those responsible for implementation. Driving toward digital transformation, modern digitalization strategies include aspects of data democratization. Data content is shared across the enterprise. Entire organizations have access to the raw data sources and data processes in addition to the produced report or visualization itself. This data democratization is the key to reducing replicated work, removing silos, and developing a social network for leveraging the hard data efforts of one business entity for efficient use in another. Results, observations, and conclusions, as well as solution specifics, will be presented with a series of use cases within the offshore drilling industry. These use cases are: Digitalization of Rig Activity Performance KPIs using data enablement platforms to build the first version of an interactive Performance Dashboard. Democratized results of this exercise allowed user defined performance measures to be developed specific to proposed customer well specs. These performance measures were quickly analyzed and presented in contract tenders. Digitalizing downtime events and maintenance history reports using data enabling visualization and self-service analytics platforms for flexible and efficient analysis identifying Reliability Improvement Initiatives and Maintenance Optimization opportunities in support of a company's Failure Reporting, Analysis, and Corrective Action System processes. Digitalizing the Cost of Quality KPIs for use in Vendor Scorecards using easily filterable reports and automated distribution of daily updates.

Towards a Democratization of Data in the Context of Industry 4.0

“…Descriptive research with a focus on explaining the concepts and normative efforts has been conducted by numerous authors [8,18,19]. Based on those concepts, several case studies have been conducted on establishing the concepts in specific usage scenarios, including offshore drilling [20], banks and B2C businesses [9], real estate [21], medicine [22] and others. Surprisingly, no relevant studies on data democratization relating to manufacturing applications and Industry 4.0 are known to the authors.…”

AI and Data Democratisation for Intelligent Energy Management

“…Several applications of data democratisation can also be found in the field of energy resource, including data democratisation in offshore drilling [56], oil and gas operations [57,58], as well as earth [59] and climate [60] sciences. These research activities are orbiting around efforts to gain useful insights into-and improve-resource and sectoral efficiency (e.g., in digital agriculture [61]).…”

Research Trends on Self-service Analytics: A Bibliometric Review from year 2010 -2023

“…For example, Akoum and Mahjoub (2013) proposed a unified framework for implementing business intelligence, real-time operational intelligence, and big data analytics for upstream oil industry operators. In the context of offshore drilling, Yoder (2019) discussed the role of digitalization and data democratization, touching on the use of SSA (Yoder, 2019). Various tools and techniques have been proposed for SSA.…”