GridBank for Oil and Gas provides a data management platform designed to manage the growth of exploration and discovery data from upstream processes, delivering data retention, protection and high availability access at lower cost
Success in the oil and gas sector is driven by the efficient flow of information through the organization. Upstream exploration and discovery generate huge flows of data for storage, processing and interpretation. Through creation of a centralized data repository for information assets and making them globally accessible to all authorized employees in high availability storage pools, the GridBank data and information management platform empowers oil and gas businesses to operate their upstream more efficiently, quickly making better informed business decisions for enhanced agility and greater competitive advantage.
Energy companies use highly sensitive equipment and collect complex information through seismic systems which generate huge volumes of data. The process of discovery and exploration of repositories of natural resources requires exceptionally precise measurements and data analysis. As the volume and velocity of the storage requirements in the sector increase, so do the challenges involved in data management. The costs and overheads involved in storage steadily increase, as do the difficulties in searching for and retrieving the right data at the right time. The GridBank platform significantly reduces the size of data volumes through Object Dedupe and compression, while creating a centralized data repository with high performance federated search and e-Discovery, improving information accessibility.
Data protection is a significant concern in the energy industry. Since data is such a key asset to energy organizations, long term data retention is mandatory. The integrity of the data must outlast the hardware refreshes and physical failures. Additionally, data security and auditing is a key concern for the highly sensitive information. Finally, energy commodities organizations are subject to significant regulatory retention and data compliance concerns. The GridBank information governance framework offers a fully policy driven toolkit for retention and tamper-proof protection of data resources.
The oil and gas industry is characterized by high levels of discovery-oriented innovation. Competitive advantage is driven by the ability to discover, identify and exploit natural resources faster and more effectively. In order for organizations to successfully achieve these goals, they need consistent, reliable access to their data assets. The GridBank Data Management Platform offers high availability by default, combining geographically dispersed storage pools transparently, ensuring continuous access to critical business information.
The oil and gas industry faces significant challenges related to management of information. The latest seismic sensor technology is driving significant growth in data assets. As the data volumes grow, at increasing velocity with broadening variety, the costs of managing the storage of the information is becoming increasingly prohibitive, particularly when considering the ongoing focus on reduced total cost of ownership driven by the economic conditions. Additionally, data retention and compliance concerns create a significant overhead, while high availability access to information for innovation and discovery is increasingly a source of competitive advantage.
As technology employed by the oil and gas sector becomes increasingly complex, it continues to deliver efficiency advances in discovery of new sources of resources. Upstream business processes create large volumes of data, and seismic and geoscience systems generate ever more data for discovery focused analysis and interpretation. While these new technologies improve business efficiency, they also drive growing data volumes at an accelerating velocity in a broad varieties of types. Additionally, these issues lead to escalating storage and data management costs. Finally, due to the industry-specific nature of the file types, many data management platforms are unable to interpret the critical metadata stored in the files.
Digital assets are highly valuable in the oil and gas sector, and they require long term retention and protection from unauthorized access, loss or corruption. Discovery and exploration data is a source of competitive advantage in the oil and gas sector and it requires very long term retention. Additionally, since the data is so sensitive and the industry standard files formats, such as .segy files, offer limited security protection, it is subject to a greater security threat than other less valuable, better protected information. Without adequate logical storage separation and encryption, there is a risk of loss or unauthorized access. Finally, due to the long retention periods involved, there is potential for media or hardware to become corrupt, impacting on the integrity of the data.
In order to remain competitive in today's information and innovation driven economy, oil and gas organizations need continuous on demand access to their business critical data. Businesses require high availability access not only to exploration and discovery data, but also to unstructured data from business applications and emails. Those companies without access to information when and where it is required will quickly be out-competed by their rivals.
Tarmin GridBank Data Management Platform offers a compelling solution to address these business challenges for the oil and gas industry.
The oil and gas industry generates huge volumes of data within its upstream discovery and exploration operations. The Tarmin GridBank Data Management Platform delivers hardware agnostic storage optimization to limit the growth of primary data volumes. Through Object Dedupe, compression and automated data tiering, GridBank can minimize the primary storage footprint for the vast oil and gas discovery data, significantly cutting storage overheads. Additionally, through enhanced storage pool control and configuration, a vastly simplified infrastructure and policy based data migration, IT management processes are streamlined, leading to a reduced total cost of ownership.
The oil and gas industry upstream exploration and discovery digital assets are highly sensitive and require particular care to be taken in storage, retention and protection of data. The GridBank Data Management Platform is designed to protect digital assets that are subject to long term retention requirements and data regulatory compliance mandates. It delivers a comprehensive policy based retention and disposal toolkit for data protection. Additionally, GridBank delivers integrated encryption, authentication, authorization, data integrity and information security, supplementing the inherently weak security models of the industry standard file formats, in order to meet compliance and commercial security requirements. Through this comprehensive information governance framework, GridBank ensures that oil and gas data assets are stored and protected securely, mitigating compliance and commercial risk.
Information drives innovation in the oil and gas sector, and this drives a requirement for high availability access to data assets. The GridBank solution captures metadata of industry specific filetypes, including understanding the critical information stored in .segy files, allowing the high availability access to the information, while archiving the data in secondary storage. Through automated failsafe replication to geo-dispersed data centers, even in the event of an outage of one of the repositories GridBank can ensure information availability.
The comprehensive GridBank Data Management Platform was built from the ground up on the very latest in enterprise-ready technologies. A single unified code base, it provides hardware agnostic object storage, global namespace file system virtualization, archiving and ingestion, replication and disaster recovery and search and discovery. Altogether, it provides a single toolkit for oil and gas companies to store data, control risk and understand information.
The GridBank platform is designed to undertstand the broadest range of unstructured data filetypes. With internal filtering and indexing of over 500 file types, the platform collects business critical metadata on all major files. Additionally, through industry specific competencies, GridBank is able to provide search, discovery and classification of .segy files through federated search.
With oil and gas discovery and exploration data remaining such a commercially sensitive asset, it is necessary to protect it. Unfortunately, the industry standard formats offer only limited innate security. The GridBank platform is secure to its core and has been designed to military security standards, supplementing the limitations of the standard files and offering greatly enhanced data protection.
The rapid growth of our company, through value enhancing acquisitions and successful exploration, is generating more and more data, much of it in isolated pools. [GridBank] will allow us to organize, store and protect our G&G data and create a platform for improving business efficiency while reducing TCO.