IDS Launches New Anova Analytics Platform


Welcome to the World of Anova Analytics

Utilising operational data to its fullest potential is one of the most challenging tasks facing today’s upstream managers, be they at the wellsite or in the office. Valuable knowledge stored in spreadsheets or in corporate databases is rarely re-visited. To date, applications that promise integration are not fully integrated, meaning multiple entry points for the same information and, inevitably, multiple versions of the truth.

Add to this, the current down-turn has seen the disappearance of over 200,000 upstream-related jobs worldwide since mid-2014 and many of those now out of the industry may not return. The much-anticipated great crew change has arrived and 40+ years of experience and knowledge is no longer just down the corridor or an email away

Operators must now innovate and develop new efficiencies to drive down operational costs and improve operational productivity. With an Industry-wide need to analyse and share upstream operational data while working within tight margins, it has never been more urgent to ensure that the large and growing corpus of upstream data is fully exploited and turned into actionable insight for engineers, explorationists and other key decision makers. But how to achieve this without the need for yet more costly resources to QC and manage the incoming data on a daily basis? Where will the budget come from to employ and train business intelligence specialists to harmonise the data and build queries? Who will design, deliver and maintain reports, dashboards and other visualisations?

Anova simplifies data mining, dynamic benchmarking and analytics. Through a self-service approach, users can analyse multiple sources of data through one single integrated application, making it possible to interrogate and cross-reference real-time, reported data along with dynamically benchmarked information all through a collection of distinct dashboard and reporting capabilities.

Fast Data

From a team of experienced Data Scientists, Anova provides the end user with decision support where and when it is required. Anova enables you to analyse data on the go; whether on a laptop, tablet or smartphone.

Anova

Anova is a free analytic service offered to all IDS D2.5 clients and provides access to essential Key Performance Indicator (KPI) dashboards. This enables our clients with a high level overview of their operational performance.

Anova+ (Plus)

Anova’s big brother Anova+ provides access to the full IDS Anova dashboard library and collection of standard pre-configured queries. This arsenal of dashboards and queries is updated on a regular basis to provide our clients with an ever growing library of analytics. This is complemented with client-specific queries, charts and reports.

Anova Pro

Anova Pro is a complete solution for immediate analysis and visualisation of operational information. This tier provides access to all the analysis components, including the IDS Anova dashboard library but also the ad-hoc query visualisation builder. This allows engineers, technicians, management, geologists and other staff to create and deploy analyses, queries and reports with a matter of minutes. Not hours, days or weeks.

Anova Community

The Anova Community is a group of Oil & Gas Operators who are focused on performance improvement via voluntary data sharing and peer-to-peer benchmarking. The IDS Anova Community extends Anova analytics, ad-hoc queries, pre-built dashboards and other self-service capabilities to inter-company data analysis. Powered by IDS Anova Ltd. analytics, the service delivers inter-company dynamic benchmarks, KPIs and Industry analysis to the community members on a near-real-time basis to any device, anywhere in the world. With an initial corpus of over 5,500 fully harmonised wells, the Anova Community Database (ACDB) will continue to grow as operational reporting data from community members is submitted via the Extract-Transform-Load (ETL) process.

Stay tuned for the next article “Anova Analytics: Anova” for more information on Anova. In the weeks that follow more articles will be released on the Anova+, Anova Pro and Anova Community platforms.

For more immediate information please logon to the IDS website at idsdatanet.com or send an email to anova@idsdatanet.com. Also like IDS on Linkedin, Facebook and Twitter for regular updates, marketing releases and tips/tricks.

 

  ANOVA ANOVA+ ANOVA Pro ANOVA Community
Access to free limited set of KPI dashboards 1
Access to growing repository of Anova content  
Weekly, monthly & yearly performance reports  
Self-service analytics - create your own content    
Free daily reporting services 2    
Inter-company dynamic benchmarking services      
1. [Available to IDS DataNet clients only as a free add-on to the current operational reporting package]
2. [Regulatory and Statutory fees may apply]

anova-screen2.png


Complimentary Analytics Package to Support Upstream Operational Reporting

Anova

IDS Anova services simplifies data mining, dynamic benchmarking and analytics. Through a self-service approach, users are able to analyse multiple sources of data through single integrated application, making it possible to interrogate and cross-reference real-time, reported data along with dynamically benchmarked information all through a collection of distinct dashboard and reporting capabilities.
Anova is an analytics service offered to all IDS D2.5 clients and provides access to essential Key Performance Indicator (KPI) dashboards, reports and benchmarks. All IDS clients will receive a ‘lite’ version of Anova as a complimentary add-on to the reporting services already provided by IDS. This complimentary service provides access to a range of analytics capabilities that can be used to track operational performance and accelerate end of well reporting.

With a few clicks of a button users can analyze a multitude of data sets ranging from cost summary, activity analysis, dry hole drilling performance, intervention, workover, P & A analysis and rig performance.

Don’t like the way the data is displayed? Not a problem; alter the chart to visualise the data the way that best fits your needs. Users can easily export their analytics, graphs, and charts in a variety of file formats (pdf, xls/xlsx, doc, CSV, ODT and ODS) to display in presentations, reports or present to management.

*Sample analytics provided as part of the complimentary service*

 anova1
The Well Summary dashboard provides a high level overview for a selected well. Users are presented with a DVD graph, operational activity class and root cause time break down and a HSE incident summary.

anova2
The NPT Analysis dashboard delivers an operational activity root cause time breakdown and a cost impact of non-productive activities by root cause for a selected well.anova3The Dry Hole Drilling Performance dashboard allows users to query single or multiple wells to compare the dry hole operational activity time breakdown (productive versus non-productive time) and the dry hole cost and duration per 1000 m.

anova4

The Rig Performance dashboard enables users to evaluate the operational efficiency of a single rig or multiple rigs across all operations where the selected rig(s) were used.

Stay tuned for the next article “Anova Analytics: Anova+ (Plus)” for more information on Anova. In the weeks that follow more articles will be released on the Anova Pro and Anova Community platforms and also the new IDS Data Sciences Team.

For more information please find us at: idsdatanet.com or send an email to anova@idsdatanet.com. Also, follow IDS on LinkedIn, Facebook and Twitter for regular updates, marketing releases and tips & tricks.


 Expanding repository of Upstream Operational Analytics


Anova is an analytics package that provides access to essential Key Performance Indicator (KPI) dashboards, reports and benchmarks. All IDS DataNet clients receive a ‘lite’ version of Anova as a complimentary add-on to the reporting services already provided by IDS. This complimentary service provides access to a range of capabilities that can be used to track operational performance and accelerate end-of-well reporting.

Anova+ (“Anova plus”) is the big brother of the complimentary ‘lite’ Anova analytic package. Anova+ provides access to the full IDS Anova dashboard library and collection of pre-configured reports. This arsenal of dashboards and reports is ever-expanding and updated on a regular basis by the IDS Anova Team. This provides our clients with a growing collection of analytics complemented with client-specific queries, charts and reports.

With a few clicks or taps users can analyze a multitude of datasets ranging from cost summary, activity analysis, dry hole drilling performance, intervention, workover, P&A analysis and rig performance.

Do you have a specific query, graph, chart, report that is not within the IDS Anova Dashboard library? Work with the IDS Anova Team to develop your ad-hoc analysis.


User Story:

A user was interested in querying their operational data for 8 different wells. They were specifically interested in non-productive time (NPT) metrics, planned vs actual cost comparisons, cost per metre drilled, average depths drilled per day, monthly operation costs, and overall dry hole drilling performance for these 8 wells. Using the pre-configured dashboards within Anova+ the user built a complete analysis in a matter of minutes with only a few clicks/taps.

Selecting the Planned vs. Actual Cost per Well dashboard for multiple wells, the user chose the 8 specified wells for their analysis. Within seconds the user was able to see a side-by-side comparison of the planned vs actual cost for the wells:

Planned vs Actual Cost per Well


The user utilized the KPIs dashboard to compare the AFE vs. actual costs, AFE variance as a percentage, total NPT as a percentage of total operational time, average cost per metre of measured depth and the average depth drilled per day for the 8 selected wells:

KPI


Next, the user was intrigued to compare the cost of these 8 selected wells on a monthly basis. The user navigated to the Cost per Operation per Month dashboard, selected the appropriate time frame for the 8 selected wells and ran their query. Within moments the user was able to view a month by month breakdown of the total actual cost per operation per month:

Cost per Operation per Month


Lastly, the user loaded the Dry Hole Drilling Performance dashboard to view the total dry hole productive vs non-productive time activity breakdown and a well-by-well comparison of the dry hole productive vs non-productive time activity breakdown, dry hole duration per 1000m and dry hole cost per 1000m:

Dry Hole Drilling Performance



In total, the above four activity queries took less than 5 minutes to produce. When IDS’s reporting services (DrillNet / ProNet / CostNet / SafeNet) are used in combination with Anova analytics, users can generate multiple queries and analyses in minutes. Staff are no longer required to manually manipulate datasets, have an in-depth understanding of database querying languages or have to use large Excel, Access or other data mining programs.

The real question is, after reviewing these analyses, how long would this have taken you or another staff member to compile, analysis and mine your data using you current reporting and analysis techniques? Hours? Days? Weeks? Not even possible?

Anova analytics frees up staff time to focus on their main goal: optimization, performance improvement and planning.

Watch out for the next article “Anova Analytics: Anova Pro” for more information on Anova. In the weeks to follow more articles will be released on the Anova Community platform and also about the new IDS Data Sciences Team.

For more information please find us at: idsdatanet.com or send an email to anova@idsdatanet.com. Also, follow IDS on LinkedIn, Facebook and Twitter for regular updates, marketing releases and tips & tricks.

 

Relevant to:

 

Related Products:

 

close
  SOLUTIONS NEWS & EVENTS ABOUT IDS SUPPORT GUIDED DEMO CONTACT CAREERS OUR CLIENTS
  DrillNet Press Release Company     Sales Vacancies Operators
  GeoNet Events Locations     Support Internship Service Companies
  TourNet   Leaders     Marketing Deposit CV Drilling Contractors
  PlanNet   Agents         Other Industries
  Anova   Affiliations          
  In-Depth