 First of all, thanks for inviting me. I'm Magnus, I'm the CEO of ProWellPlan. We're a Norwegian company and we're working with high-quality data workflows for well-planning. I also participate in the Wells Data Foundation project in OSDU, together with Knor and Halliburton, where we are creating a new structure working on how to improve the data quality for tomorrow's operations. For drilling and well operations, we get a high-quality data set where the data is formatted for its multiple purposes that we see in operations. So that's a brief introduction to me. Today I will be talking about a significant pain for our industry, which is what happens after midnight, especially during operations. 3am is not the time to make big impact decisions. Everyone who has been in operations in drilling and well or well production in general, know of how the risk skyrockets when something unexpected happens in the drilling phase. That is what is causing frustration for the subsurface and the drilling team. That is what is causing big pain for the asset owner on the money bag. And it is causing pain for everyone who are contributing to the quality of well the engineers, the operational management, because you have come to the point where the plan no longer will take you to the goals that you have planned to set out for. And why am I talking about that when we are talking about OSDU and data and quality and things like that? Well, because my question is, is management of change a data quality issue? So transferring knowledge from planning to operations is challenging. There is absolutely no shortage of brilliant people or specialist applications in our industry. We know everything. We can be more humble, of course, but we have so much detailed knowledge in our business. All the operators are staffed up to the roof with brilliant experts who know everything. And they have been through everything. They have lots of experience. So they know the risks and the challenges of operations. But we have inherited this pain from the CVP process, which were brought in by consultants in the 1990s and the early 2000s. Capital value process, which said it's good to have a document for every phase. Because in that document, you can control the flow of data and how many people are going and how much resources are going into the next phase. That document is where most of our information is lost in terms of a process. And when you get into operations, you have very little information available, putting a high pressure, a high risk on the people in the operations. Now, we're good at solving this. We've been doing this for 20, 30, 40 years. So don't worry, we're all listening to burning, but the money is pouring out. That wasn't part of the show, but I'll continue the show now. Going back to the data that is missing from operations that we had in the planning phase, which is causing a huge pressure and stress on the people in the operations because everything relies on what they have in their brains. And we people, we are very good at creating and thinking in common scenarios and making big strategies and projects. And we're very good at being very focused on delivering under pressure, but we are not very good at combining those two. Making big things, big plans, seeing the big picture while we are running away from a tiger. That's not how you survive. So that's not what we do. This leads to 3 a.m. calls where the plan is no longer valid. And then you have to put the best people in the room to make your best decision, but you are cancelling the workflow that you rely on getting to start of operation. So imagine a future. Now close your eyes. Don't fall asleep. A well-planned is a data set, not a document. That sounds modern. The team shares the same experiences improving every day. Sounds like the appropriate money bag is just growing. Plans and goals last all the way to production. Sounds less stressful. How come this is a data quality issue? Well, if you go into detail in our process, for every decision we make, and this is what we talk about in the world's data foundation project as well, it's how we lose data for every decision we make. For every decision we make, we have lots of bright people making plans, but our decision structure is word documents and some PowerPoints to convey the data. So for every decision we make, the details which are in specialist applications and in the head of people, well, that doesn't survive as official documentation. It goes pretty much into the bin because the headlines and short chapters are going into the document. For every face we are losing lots of data, and the people involved has to carry around all the other knowledge that doesn't fit into that document. And that's what we always say. Yeah, so I make sure I have the best people available for decision making. Writing and reading documents takes up 50% of the time for people working with low planning if you're in subsurface or if you're in drilling. And lots and lots of details are lost. They are in the heads of people, but that's not always the best storage for things you want to form in their operation. And more people are coming in drilling. When you enter operations there's lots of new people coming in from service companies, ring companies, partners, lots of different people coming in to play, and they then just have that document to read up on where a tiny bit of the data is available. And then you end up with management of change processes, which are incredibly expensive. The modern way of working as we know it from other applications and modern workflows is that you have a data stream which flows to where you need it to be and you have an inspiring workflow where the software is controlling your workflow. So you no longer have to read the documents to learn what to do and then do your work and then write a report to hand over and prove you did your work. It's captured in the workflow and that's what ProWellPlan does for you. It's an information hungry process. We want more information and we capture all the information from learning, from well planning by working with historical well boards and by working with planned well boards in the same manner by multiple designs, high quality data, letting the users know what is missing, letting the users use what is available and put it in a modern workflow and have the users engage in the data quality. That is important because if you want a quality database in your company the users need to be engaged with the data otherwise it is not creating value it will not be improved and within minutes it's not trusted anymore. So usage and actual feedback from the users is incredibly important to build a high quality database. With ProWellPlan you can analyze, share experiences and we continuously capture all the data with version controls of well assigns, version controls of experiences, of offset wells, of all the data you have in your workflow and it flows to wherever you want including OSDU and we read from OSDU so that you get a quality process on top of the best data storage layer. Safety is everything in building well operations and with ProWellPlan the new way of working, the platform is the workflow it takes a lot of pressure off the management and engineers to make sure that they are following the rules that they know all the rules because it's controlled by the workflow. You do your work and then you know you get the quality you need and the output is structured as you need it so the process is pretty much under your fingertips together with all the quality data. As a leader you want to build a modern organization where you reward quality work where you have modern people coming in sharing and collaborating and you want to automate reporting so you can say to your teammate we're not that kind of company where we ask you to write all those documents and reports it's not really a quality process, we are new, we are a modern company we believe that quality data drives better decisions. Did I go the wrong way there? I'm talking so much. Security. Security in the traditional way of working is high risk with all the passwords with all the documents which are created and we don't really know what is secret data and what isn't secret data and it's very hard to control what data is flowing where when we share it as PowerPoints or PDFs when you have a digital workflow where your well plan and your offset data are structured in the cloud you can control what flows where and what is available for whom and the most important part is to make it available for everyone not limited but make it available for everyone who can make value for the company but also make sure that it's not shared with the wrong people in terms of quality with pro-well plan you can mitigate project risks by making more designs I'll get back to that in a second because we're creating so much more data you work on the same data, data flows it's structured for flowing you never need to take it from a spreadsheet into a PowerPoint into a meeting to send it in an email, get it back and then revision to final underscore Lisa commented underscore forget about that share because we have high quality data that's what you always do, you always build for communicate efficiently that's what pro-well plan give you so you can rest assured you have flipped every stone because there's so much history in our data so many experiences to be learned when it's high quality, when it's a good process engineers and managers can pick it up and they can bring it into operations store and access high quality data so what is our data management services? that is the core of our product it's a very advanced course for all here ITE people database structure which fits on top of OSDU we integrate with your applications and we fetch data from multiple sources and when we do that we contextualize we create more data by extrapolating by combining data and we remove lots of bugs by letting the user see the data and just by having our algorithms telling you that oops that section is outside of the TVD range of this well-bore and things like that so having quality data frees up 50% of the engineers time where they would wish they spent on writing and reading documents that's a lot of time and the goal isn't to say that for engineers hours the purpose is to create better well-plans reduce more risks and create more plans so that you are mitigating operational risks analyze data you create a hundred times more you analyze a hundred times more wells with protocol plan than what you do in the traditional way of working and imagine all that experience that comes out of analyzing so much data and you do it quickly and while you're doing it you are quality assuring your corporate data so that adds while you're working you're adding value to the company thank you and you can share quality reports there's new ways of working to do thorough offset reviews when you plan wells you design them and you create five times more designs than what you do in the traditional way of working because it's digital it's a complete data set for the well-bored with pressures geology, sections, trajectories, operations, risk, visualization, points everything is in there for every design every time you make an iteration you get a new version control system and you can see who contributed you can trace the data where did it come from what am I making this decision based on? the whole plan tells you beautiful workflow which inspires you to go that extra mile and check out that reduced risk of being called at 3am in the morning during operations because with this you can follow the plan all the way from the start to TD and you can send links instead of making presentations better plans, less work, more fun and the engineers love this they're super excited so it's always cool to meet the engineers and for you it's easy to get started one, within weeks we are up and running with public data and your data and after that the users are creating value by improving the corporate data quality you can see the value of your data is growing that the coverage of data is growing and the data is flowing continuously to always do you, to your other applications your reporting systems, to your stakeholders to your partners without you making PowerPoints hmm, that's good so the new scenario when working with Pro-Well Plan is that you have all the data generated in the planning phase as in the manual you're still the same experts doing all the work or doing all the thinking but now all the data is available for decisions and the data is available for operations giving you a much better decision documentation so you can trust the decisions that you have made that they are the best and this sounds better than oh, we got a problem so please let us learn more about how you're working and see how we can customize our workflow to fit your special needs the platform SAS Open Running we're a Norwegian company super eager to help you build your organization thanks for watching