Applications

Your Digital Master Catalogue acts as a virtual library for your organisation’s asset data. But it is the applications that access and use this resource that are crucial to delivering ultimate value for your assets.

INFOASSET delivers across four main applications, via the iAsset Portal, to fulfil the key current requirements for the management and leverage of E&P client’s assets. Each reflects increasing scope, scale and complexity of user needs, yet a constant requirement for efficient and effective operation and outcomes.

Data Sharing Portal:
E&P businesses frequently need to share and track specific data and documentation, with JV partners, contractors and other third parties.

The iAsset Data Sharing Portal is an efficient and effective way to meet your commercial and legal obligations. Its user friendly, intuitive interface becomes a singular channel for inter-partner communication, bringing clarity to relationships easily, quickly and cost effectively.

Data Room:
The confidential disclosure of specific asset data to prospective asset buyers has long been required by E&P businesses. But the work and cost involved in aggregating, editing and sharing data with prospective buyers can be high, especially in physical sites that can be restrictive and inefficient ways to secure the best possible sale.

A Data Room driven by iAsset can use pre-gathered Catalogue information and share it in a secure, controlled disclosure process. You can deal with people across the world, easily, efficiently and concurrently, securing the best deal at an effective cost.

Company Portal:
Asset data represents the results of major investments in developing subsurface assets yet often it is not managed effectively. Knowledge is dispersed geographically and virtually, held in multiple copies without latest versions and of inconsistent quality. Sometimes the data is actually missing or incomplete. This is a risk to the ultimate value of the company’s assets and its needs for high quality compliance and governance practices.

An iAsset Company Portal gives E&P companies the potential to control their subsurface asset data in a unified, comprehensive cataloguing and access system that defines and responds to local, regional, divisional and total company needs. Data integrity is managed through a Digital Master Catalogue where data is controlled, conditioned and current. Data access to this virtual library via iAsset allows specialist users and management to view and access the information that they need at the level that they need it, in detail or overview, using the intuitive, tailored interface that is iAsset.
Your company Portal will give you full current knowledge and control of your data, with easier location, viewing and sharing of that knowledge. Crucially it provides a sound basis for better decision making and value realisation whilst reducing wasted time and effort.

National Data Repository (NDR):
NDRs are a vital tool in the commercialisation of subsurface state assets, but the main focus of the commissioning agency is to drive sales value. The detailed mechanics of handling the NDR process involve significant effort, time and complexity, to ensure controlled disclosure and sale of the assets. An effective outsourced solution is an ideal, efficient strategy to adopt in most instances.

The principles of the INFOASSET approach to subsurface asset management are ideally suited to the creation and commercialisation of NDRs. We can provide a one stop, full service solution for asset repositories. Virtual and physical resources are combined to provide secure, confidential access to data for bidding companies. This can cover everything from facilities management, through easy digital data access, to negotiation and final agreed sales transactions and administration. Your clients will be engaged and asset sales will progress, consistently, effectively and efficiently.

INFOASSET solutions for each specific data challenge are ultimately completely scalable, flexible and tailored to the specific needs of every client so these applications are indicative, not exhaustive.

To explore these or additional options please contact us today.

- Reservoir Group