F - Extracting the true value of operations data - (Fausto Alvarez)

Establishing reliable and accurate data, available in a timely manner is critical to improve E&P operational workflows and performance. This can be done through optimizing the flow of information, and improving the quality of the technical data at all stages of a projects life cycle. In addition, it is key that all parties, both directly and indirectly involved can take advantage of any and all information pertinent to ongoing operations.
Having optimized the flow of data and ensured that the quality of the information can be relied upon, a challenge still lies in how to tie the information into daily decisions made by engineers and management. This presentation is an example of how this was achieved for one of our clients who wanted to improve their control of operations related information, to improve their confidence in making decisions in relation to the production of their fields.
 

Short Bio:

MA. Fausto Alvarez studied Geophysics at Universidad Nacional Autonoma de Mexico and then received a bachelor degree in Industrial and Systems Engineering from Universidad Tecnologica de Mexico and his Master in Administration from Instituto Tecnologico de Estudios Superiores de Monterrey in conjunction with the Universidad Pontificia de Comillas in Madrid, Spain.


MA. Fausto Alvarez has been involved in several process improvement and data management projects for several clients since late 90s, the projects have included the design, planning, development and implementation of several solutions for O&G and manufacturing companies.
During the last 6.5 years he has been involved mainly in the implementation and execution of data management projects for O&G companies; as a part time professor teaching courses in Operations Research and Operations Management and as a regular lecturer for SOMMAC (Mexican Association of Maintenance). Since late 2008 he has been appointed Business Development Manager for East Asia.
 

   

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