Leveraging Information Steward
- 1. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.1 Case Study: How EP Energy Leverages Information Steward to Automate their Budget Validation Process James Hanck Vice President, EIM Method360 Chris Josefy Business Solutions Lead Method360|
- 2. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.2 Method360COMPANY OVERVIEWAbout Us Leading Information Technology Consulting Services Company • Headquartered in San Francisco, CA Local offices in San Diego, Chicago, Dallas, Pittsburgh, and Calgary • Celebrating Our 15th Year of Operations • 100+ Employees Throughout the US • Focus on Data, Analytics and Quality Assurance • Strong Emphasis on Consultant Quality and Client Relationship • Onsite, Offsite and Nearshore Capabilities • Certified SAP Services Partner
- 3. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.3 Method360LEVERAGING INFORMATION STEWARDIntroduction Chris Josefy Business Solutions Lead EP Energy Connect with me on LinkedIn: chrisjosefy Chris manages the team responsible for all of EP Energy’s applications in the drilling, completions, facilities, production operations, production accounting, SCADA, measurement, SCM, asset management, and HSER areas.
- 4. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.4 Method360LEVERAGING INFORMATION STEWARDIntroduction James Hanck Vice President, Enterprise Information Management Method360 Connect with me on LinkedIn: jameshanck James is co-founder of Method360 and currently leads the enterprise information management practice. In this role, he leads a team to analyze, design, and build integration and information governance solutions to improve businesses’ data quality. He is the author of the SAP Data Services: The Comprehensive Guide book, published by SAP PRESS and Rheinwerk Publishing.
- 5. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.5 Method360Session Overview You will learn how to: • Choose the right toolset to improve Data Governance and the key criteria to consider • Measure and track data quality with an eye toward measuring the financial impact of data quality improvement • Create custom reporting and visualizations of data quality monitoring LEVERAGING INFORMATION STEWARD
- 6. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.6 Method360Purpose: What We Do LEVERAGING INFORMATION STEWARD At EP Energy, we have a passion for finding and producing the oil and natural gas that enriches people's lives
- 7. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.7 Method360EP Energy Today LEVERAGING INFORMATION STEWARD ALTAMONT HAYNESVILLE EAGLE FORD WOLFCAMP
- 8. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.8 Method360Key Business Drivers • $2 billion capital budget in 2014 Focused on core oil programs • To maximize the benefits of this investment, we must drill and complete wells at the lowest cost and in the fastest time possible • To measure our execution success, we must accurately capture: Daily drilling and completion costs against plan Cycle times throughout the drilling and completion process against plan LEVERAGING INFORMATION STEWARD
- 9. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.9 Method360Importance of Good Data • The ability to accurately measure these data points in a timely manner directly goes to the bottom line • If we do not accurately understand our capital spend at the point of entry, we risk overrunning our capital and having to drill fewer wells Fewer new wells = less production = lower EBITDAX • Conversely, if we understand our cycle times and spend, we may be able to add additional rig capacity at the end of the year and drill more wells than originally planned More new wells = more production = higher EBITDAX LEVERAGING INFORMATION STEWARD
- 10. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.10 Method360The Data Challenge • Single software program used to track entire drilling and completions program • Data captured by users of various backgrounds, skill levels, and training Daily estimated costs entered at the drilling rigs (80+ laptops deployed to the rig sites) Cycle times captured by technicians in corporate office LEVERAGING INFORMATION STEWARD
- 11. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.11 Method360Previous Process • IT support developed 15 SQL queries to measure data quality Each query had to be run 4-5 times to turn on and off filters related to each specific business area (effectively creating 75 queries) • Entirely manual process once a week: Run all of the queries Compile into summary excel Email to technicians • Data only available in summary format; no detailed row level failures LEVERAGING INFORMATION STEWARD
- 12. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.12 Method360Solution • Developed two part solution: Fully automate all business rules into Information Steward Create custom universe on top of data insight database to allow structured reporting LEVERAGING INFORMATION STEWARD
- 13. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.13 Method360Information Steward • Information Steward allowed for all SQL queries to be translated into rules • Key decision to structure data domains and utilize custom quality dimensions to organize data so that it would natively connect with the way the users view the world Data domains broken into business areas Quality dimensions created to show functional areas • Completions • Construction • Drilling • Production • By structuring the data this way, the uptake of the tool was significantly enhanced by making it incredibly easy to digest LEVERAGING INFORMATION STEWARD
- 14. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.14 Method360Custom Universe • Business users still wanted to receive summary reports on Friday • Created custom universe on top of data insight database in order to provide detailed information on rules and score • Created schedule to send report on Friday, and also includes link to interactive scorecard LEVERAGING INFORMATION STEWARD
- 15. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.15 Method360Results and Next Steps • More and more users are taking ownership of data quality Data quality scorecard is being reviewed out on the drilling rigs in real time Technicians make daily upkeep of the data a priority Current schedule computes scorecard daily; team would like to compute multiple times during the day to more actively monitor quality • Business is fully engaged and bought in Explosion of requests for additional rules and validations to improve other parts of our drilling and completion process Multiple disciplines and systems now actively working on data quality scorecards LEVERAGING INFORMATION STEWARD
- 16. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.16 Method360How’s the Data? • We now have the confidence that we are accurately and completely tracking our capital spend and cycle times • Quality and accuracy of this data has allowed us to make key decisions at year end to accelerate production growth due to capital budget insights LEVERAGING INFORMATION STEWARD
- 17. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.17 Method360Where to Start? • Breaking EP’s journey down into repeatable steps • The building blocks to set up validation and monitoring with Information Steward’s Data Insight • Using the building blocks LEVERAGING INFORMATION STEWARD
- 18. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.18 Method360LEVERAGING INFORMATION STEWARD
- 19. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.19 Method360Stats Data quality is a primary reason for 40% of all business initiatives failing to achieve their targeted benefits Gartner 2011 on value of DQ LEVERAGING INFORMATION STEWARD In 2002 TDWI estimated that data quality problems cost U.S. businesses more than $600 billion a year. TDWI 2002
- 20. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.20 Method360Repeatable Steps LEVERAGING INFORMATION STEWARD Understand key business drivers Set goals Understand the role of information in attaining those goals Validate information Message information quality and accuracy Access other information needs validation This step requires that business process be understood and formalized
- 21. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.21 Method360Information Steward’s Data Insight • Source Data Tables and Files – Centrally monitor and reconcile data across your heterogeneous enterprise systems • Custom Views – Create custom views built across source system and data warehouse tables • Validation Rules – Create validation rules to identify data reconciliation exceptions • Validation Rule Bindings – Assign Validation Rules for re-use across multiple source tables and systems • Data Quality Scorecards – Configure data quality scorecards to present graphical interactive dashboards of data quality exceptions • Score Tasks – Schedule and automate the execution of Validation Rules at appropriate intervals – Cuts data latency and enables Exception Trend Analysis • Failed Data Tables – Save records that fail Validation Rules to database tables – Integrate into automated or manual data remediation processes LEVERAGING INFORMATION STEWARD Building Blocks of Data Insight
- 22. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.22 Method360Navigating Information Steward LEVERAGING INFORMATION STEWARD Data Insight Module Add Tables Execute the Rule for a Table or View Rule Bindings
- 23. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.23 Method360Creating a Validation Rule LEVERAGING INFORMATION STEWARD Define rules for validating data
- 24. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.24 Method360Binding the Validation Rule LEVERAGING INFORMATION STEWARD
- 25. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.25 Method360Configuring Scorecard LEVERAGING INFORMATION STEWARD
- 26. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.26 Method360Viewing Scorecard LEVERAGING INFORMATION STEWARD From Scorecard Window
- 27. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.27 Method360Viewing Scorecard LEVERAGING INFORMATION STEWARD From Rule Results
- 28. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.28 Method360Key Takeaways LEVERAGING INFORMATION STEWARD • Add 3 – 5 bullet points
- 29. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.29 Method360Questions LEVERAGING INFORMATION STEWARD
- 30. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.30 Method360SAP Data Services And the lucky winner of the James Hanck’s SAP Data Services book is… LEVERAGING INFORMATION STEWARD SAP Data Services: The Comprehensive Guide Written by: James Hanck, Co-Authors: Bing Chen, Patrick Hanck, Scott Hertel, Allen Lissarrague, Paul Médaille.
- 31. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.31 Method360More webinars… Check out our YouTube channel to view more webinars on-demand LEVERAGING INFORMATION STEWARD
- 32. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.32 Method360Presenters Method360 JIM HANCK 415.694.8229 jhanck@method360.com CONTACT INFORMATION EP Energy CHRIS JOSEFY Christopher.Josefy@epenergy.com
- 33. Method360SECTION NAME GOES HERE IN CAPSHeader goes here © 2015 Method360, Inc. All rights reserved.33 Method360LEVERAGING INFORMATION STEWARDThank You E N D - T O - E N D S E R V I C E S . H I G H V A L U E S O L U T I O N S . Follow / like us on