This post was co-authored by Ian Barron, Chief Technology Officer, RoQC.
The vast amount of data in energy companies is slowing down their digital transformation. Along with RoQC solutions Microsoft Energy Data Services will accelerate your journey in democratizing access to data by delivering an easy-to-deploy managed service fully supported by Microsoft.
Managing big data is complicated, and few industries have larger and more complex data sets than energy. Data complexity and large investments in on-premises storage solutions and multiple computing systems prevent the transition to cloud-based data management below the surface. A single company can have dozens of petabytes of structured and unstructured data that, if not quality assured, can lead to increased costs if errors occur.
Solutions from RoQC, a Norwegian software company, clean structured data for energy companies. This makes data management more time- and cost-efficient and decision-making more secure.
With Microsoft Energy Data ServicesEnergy companies can leverage new cloud-based data management capabilities provided by RoQC and Microsoft Energy Data Services.
Microsoft Energy Data Services is a fully Microsoft-supported data platform that enables efficient data management, standardization, exemption and utilization in energy exploration. The solution is a hyper-scaled data ecosystem leveraging the capabilities of the OSDU Data Platform™, Microsoft’s secure and trusted cloud services, with the deep expertise of our partners.
“Through machine learning, our software gives energy companies complete control over their data and assets. When the data volumes are reduced, we eliminate uncertainties and duplication and optimize the quality of the datasets. Traditionally, a petrophysicist can spend a day or two cleaning up the logs for a well before they can be used for detailed analysis – with RoQC LogQA, the same petrophysicist can clean up hundreds of thousands of logs in the same period.By working with one of the largest platform providers in the world we gain access to technology, expertise and markets that we would otherwise find difficult to access.“—Bjorn Thorsen, CEO of RoQC.
New possibilities through cooperation
RoQC, a certified Microsoft independent software vendor, was able to expand its technology worldwide through the partnership.
Ole Christian Smerud, Partner Development Manager for Microsoft Norway, assures that the cooperation is mutually beneficial. “As a platform provider, we rely on strong partners to offer our customers the best solutions. While we provide a platform, cloud expertise and access to an ecosystem for RoQC, they bring domain knowledge and relevance to their industry,” he says.
Save millions with better data
RoQC believes that the energy industry is struggling to make the move to the cloud simply because of the complexity of data, and that most companies lack control over their data. By qualifying and quantifying datasets by identifying and deleting duplicates, RoQC tools can reduce the size of the dataset and correspondingly achieve dramatic savings in storage costs.
By reducing the amount of data by 10 to 30 percent, we are talking about savings in the millions. The larger the organization, the greater the impact.
RoQC tools are primarily designed to enable data managers to complete tasks that are typically time-consuming as efficiently as possible. Very often, they can complete a task that normally takes months in a minute or two. Sometimes the tasks wouldn’t even be possible without the tools.
There is an obvious and well-documented connection between increasing the quality of your data and reducing the risk of decisions based on that data. Geoscientists and project managers in this field make decisions worth millions, maybe billions. You don’t want to make a decision of this magnitude based on insufficient or weak data.
RoQC believes energy company data is key to moving away from fossil resources. In the datasets, subsea energy companies know “everything” about the seabed and marine life.
“Minerals from the sea floor and below the surface could be the next big thing for subsea oil dependent nations like Norway. It’s an already overused statement, but data is literally the new oil for this industry,” says Bjørn Thorsen.
Prepare efficient data migration
RoQC provides both tools and consultants to enable a customer to prepare their data before migrating the data to Azure. This preparation can include anything from simply identifying and removing duplicates, to developing and implementing standards, and then cleaning the data to conform to the standards. These preparations can be carried out directly in the customers’ normal (e.g. Halliburton/Schlumberger) interpreter platforms.
In addition, RoQC’s LogQA provides extremely powerful native machine learning-based QA and cleansing tools for log data once the data has been migrated to Microsoft Energy Data Services, an enterprise-class OSDU data platform on the Microsoft cloud.
LogQA monitors the quality of well log data stored by a customer on the OSDU data platform. LogQA was developed in part in collaboration with Microsoft as part of Microsoft Energy Data Services, and LogQA is maintained on the latest OSDU data platform APIs and versions/schemas.
Because LogQA is integrated with Microsoft cloud infrastructure, no customer deployment is required before a customer can use LogQA to monitor, identify, and quickly troubleshoot data quality issues. LogQA was designed to work with typical energy customer data sets, which may be millions of well logs.
How to work with RoQC solutions on Microsoft Energy Data Services
Microsoft Energy Data Services is a fully managed, enterprise-class OSDU data platform for the energy industry that is efficient, standardized, easy to deploy, and scalable for data management – to collect, aggregate, store, search, and retrieve data. The platform offers the scalability, security, privacy and compliance that our enterprise customers have come to expect. The platform offers out-of-the-box compatibility with RoQC applications, speeding time to market and easily running their domain workflows with data contained in Microsoft Energy Data Services and minimal effort.