Hess Corp deploys 3GIG’s Asset Management Platform

Prospect Director connects technical data into ‘story line’ of asset development plan.

Speaking at the Society of Petroleum Engineers’ Annual Technical Conference and Exhibition last month, John Blaymires described how Hess has built its Asset Management Platform (AMP) around Houston-based 3GIG’s Prospect Director 2.0 application. The application builds ‘information packages’ for field development plans for the Hess global asset base—currently in pilot. Prospect Director connects disparate upstream technical data and workflows into a ‘story line’ of an asset development plan. Global portfolio information can be collected into a corporate knowledge base.

3GIG released Prospect Director 2.0 last year (OITJ May 2008). The web-based application supports asset team workflows, business and decision processes, lifecycle based data, information and knowledge management, well and well work planning, AFE* and inventory management. Also last year, 3GIG signed a strategic alliance with Knowledge Reservoir to offer a range of business process and well lifecycle management services leveraging Prospect Director. Hess is also a Knowledge Reservoir client. More from www.3-gig.com.

* Authorization for expenditure.

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