Business Intelligence: the art of asking the right question.
When we think about BI, typically what we’re trying to do is to focus managers’ time. The reason we want to focus their time is because we want to change the conversation they are having to the most productive one possible. Currently what a lot of managers spend their time doing is reporting, so much […]
When Do I Need Business Intelligence?
Business Intelligence can be a boon to businesses of all sizes, but BI solutions come at a cost. There are both tangible costs—like the cost of procurement, development and implementation of the software components—and less quantifiable costs. Users have to be trained to use a new tool. Existing processes have to be revised. The size […]
Four steps to business intelligence implementation
Implementing a business intelligence solution may seem daunting. But it doesn’t need to be! Get started with these four steps:
What is an Authorization for Expenditure?
Authorization for Expenditure (AFE) An AFE is a budgeting and approval form used during the planning process for a well about to be drilled (and for other projects). It includes an estimate of costs to be incurred during the IDC (intangible drilling cost) category and in the tangible equipment category. Costs are shown in total […]
What is an API Well Number?
API Well Number A distinct 12-digit number assigned to a U.S. well. Digits 1 and 2 are state codes, 3-5 are county/parish or offshore codes, digits 6-10 identify the well and digits 11-12 identify special well conditions such as sidetracking.
Office 2013 is now available for business users
Microsoft announced today that new versions of their productivity suite, including SharePoint 2013, are now available for Enterprise level users. They will be available to consumers in Q1 of 2013. Microsoft says their newest release is meant to work well for touch, stylus, mouse or keyboard, thus providing “the ultimate productivity experience.” This new version of SharePoint […]
Installing Sharepoint 2013: Tips and Tricks from a Developer
My team and I are excited about the capabilities of the Microsoft’s latest update, SharePoint 2013. We decided to get an instance set up in-house to give it a test drive. The “farm” we are running this instance on consists of just two servers: one running the WFE and Services and another running SQL Server 2010. *This […]
What is a core?
Core In the oil & gas world, a core refers to a cylindrical sample of rock taken from a formation during drilling for purposes of determining the formation’s permeability, porosity, hydrocarbon saturation and other characteristics of petroleum productivity.
Final week of Movember!
Today is the last day of November, so our Movember participants cleaned up their mustaches to show off what they got. I’d say it’s an impressive show all around! Isaac (back right) gave in a bit early, but we let him stay in the picture for the sake of continuity.
Data Drives Improvements for Chesapeake in Eagle Ford Shale
“Over 35% of the company’s wells produced more than 1,000 boe/d in Q3” EaglefordShale.com reported this week that Chesapeake Energy has recently seen a huge growth in production rates for 2012. “The company now has hundreds of wells producing and those data points allow the company to improve its drilling and completion processes.”
What is a horizon?
Horizon A horizon is an underground geological formation which is a portion of the larger formation possessing sufficient porosity and permeability to constitute a reservoir.
Entrance Interviewed by Lean Decisions
Entrance’s director of consulting, Chad Modad, was interviewed live by Trevor Lohrbeer, the CEO of Lab Escape and creator of the blog Lean Director. Trevor covers issues related to lean start-ups. He interviewed Chad about effectively solving business problems. You can read our blog posting about the podcast, or hop straight to the podcast here.
Environmental Compliance increasingly expensive for oil and gas companies
Regulations make or break for some area’s key industry TIPRO recently published an article in their Fall/Winter edition of Upstream Texas discussing environmental regulations in the United States. In particular, the author discussed how the landscape for government regulation is only getting more difficult. Regulatory compliance drains the US economy of $1.75 trillion a year, and according […]
What is shale?
Shale Shale is a type of sedimentary rock from which oil and gas may be produced by utilizing different extraction techniques. Shale is fine-grained and made up of a mix of clay minerals and tiny fragments of silt-sized particles. It is characterized by breaks along thin parallel layers less than one centimeter in thickness, called […]
What are oil sands?
Oil Sands Oil sands refer to any porous reservoir (generally sandstone) containing oil. The term may refer to formations close to the surface containing heavy hydrocarbons whereby the sands are mined and processed to produce synthetic crude oil.
Lease Terms Driving Activity in the Eagle Ford
Operators in the Eagle Ford have had a rig count of over 250 rigs for more than a year, drilling faster and faster. But where is the pressure for that pace coming from? As shale activities turn from wildcatting to manufacturing-style drilling projects, both pace and scale of operations are increasing. Many operators are accountable for […]
What is completion?
Completion Completion refers to the work performed and the installation of permanent equipment for production of oil or gas from a recently drilled well. How it’s important to us
What is sour gas?
Sour Crude Oil / Sour Gas Oil or gas with a high sulfur content. The typical standard for sour gas is 5.7 milligrams of hydrogen sulfide (or more) per cubic meter of gas. How it’s important to us
What are Natural Gas Liquids?
Natural Gas Liquids Natural gas liquids are hydrocarbons that can be extracted from wet natural gas and liquefied under various combinations of pressure and temperature. NGLs consist primarily of: Ethane Propane Butane Natural gasolines
Oil Comm Conference: Let’s Turn off the information firehose
Entrance attended the Oil Comm conference recently and one of the big topics of discussion surrounded how to manage data even as it proliferates more and more every day. During the keynote, “The Pursuit of the ‘Holy Grail’: Does it all come down to strategy,” J. Michael Kuykendall, Vice President, Global Information Technology, Apache Corporation […]
