Compliance

There are significant confidentiality and retention requirements throughout the E&P lifecycle that our clients need to comply with.

We are seeing an increase in demand for assistance with all aspects of data and information compliance from E&P companies. As Oil & Gas projects mature around the world there are many ever-changing legal obligations that need to be adhered to in order to maintain licences to operate, remain within the law and achieve a return on your investment. And when it comes to the end of an asset lifecycle, there are additional legal obligations to be fulfilled to satisfy the regulators. At DataCo, we understand the global compliance requirements of the countries you operate in whether entering a country for the first time or exiting for good. Our specialist consultants will work with you to ensure you remain within the laws wherever you operate and maximise the return on your investments through enhanced cost recovery and avoidance of fines.

Our decommissioning specialists are ready to assist you with all aspects of decommissioning obligations. This includes data and information from the surface, subsea and subsurface. Our team will assist you to achieve your goal of satisfying the relevant regulatory bodies. This includes understanding your decommissioning obligations, schedule and costs, through to delivering on all obligations.

Our specialists will help you understand the data and information management requirements that exist within your production sharing agreements. We will work with you to help you become fully compliant in order to maximise your cost recovery and deliver value from your international ventures.

Asset Sales and Acquisitions both carry a significant data and information element. Our team of specialists can help with asset sales through the preparation of data and information inventories needed to support the asset sale. When you are purchasing assets our team will help you integrate the data and information into your existing systems. With a strong focus on ownership rights, we help ensure you remain within the boundaries of the relevant commercial agreements.

With our global knowledge of data and information regulatory requirements, we will work with you to develop the necessary standards and procedures to ensure you remain compliant with the authorities in the countries you operate. From managing complex retention requirements through to data submissions, we have the experience to guide you.

Our Data Managers are experienced hires and graduates with relevant Geoscience and Engineering degrees. We recognise the importance of context and hands-on experience when managing technical data and extracting the value from information. Our Wells and Seismic team are made up of geoscientists, often with experience in wireline engineering, seismic surveying or wellsite geology, providing high quality support to exploration and development teams. Our Documents and Records Managers have a diverse domain background, typically across the engineering Document Control, E&P and Compliance spectrum, to ensure we fully understand the challenges our clients face. Our Geospatial team range from professional surveyors, GIS specialists and remote sensing experts, who are recognised industry experts advising governments and E&P operators on best practise and governance.

A resource pool or service provision has access to the entire DataCo team which consists of:

  • Geologists, Geophysicists and Petrophysicts
  • Well and Seismic Data Managers
  • Drilling Engineers
  • Reservoir Surveillance and Production Data Managers
  • Document Managers and Document Controllers
  • GIS specialists and surveyors
  • Geodetic consultants
  • Solution Architects
  • Business Analysts
  • Programme and Project Managers
  • Change Managers
  • Service Delivery Managers

Where regulatory bodies require a formal data and information management plan, our specialists will help guide you through the process. We can help you with all aspects of your plans from creating a plan template through to delivering on the plan within required timelines. We have recently expanded our service to include the UK Oil & Gas Authority requirements.

Our specialists can help with all aspects of National Data Repository submission requirements. We can develop the internal processes to ensure your organisation is clear on its responsibilities. Our inventory management templates will help you monitor and track your data and information submission obligations.

Whether you are the operator or the partner within an E&P joint venture, we can help ensure your commercial accountabilities are met. We offer a full data and information audit so you can track your data and information entitlements. Our transmittal records system helps you demonstrate compliance with commercial partners, regulatory requirements and internal policies.

We are specialists in the application of Information Security to the E&P industry. Our team works exclusively in the space between corporate IT and your business teams. We can audit your existing systems, processes and office facilities to identify and resolve key risks. We can map critical information assets into your existing corporate information classification and risk assessment processes and educate your workforce on the safe information handling techniques within and outside your office facilities.