oil & gas

3 years, 6 months ago

The Interesting Case of Who’s Using the IT4IT™ Standard – Part Two – The Oil and Gas, IT, Retail, Logistics, and Engineering Sectors

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The Open Group IT4IT™ Reference Architecture, a standard of The Open Group uses a value chain framework that applies this concept to IT by defining an integrated IT management framework focusing on the lifecycle of services. This allows IT to achieve the same level of business predictability and efficiency that supply chain management has allowed for the business.

3 years, 9 months ago

The Open Group Open Subsurface Data Universe™ (OSDU) Forum Update

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The Professional Petroleum Data Expo was held April in Houston by the Professional Petroleum Data Management Association (PPDM). This conference is one of several events this spring where The Open Group Open Subsurface Data Universe™ (OSDU) Forum unveiled a new standard in development that will facilitate movement of oil and gas company exploration, production, and wells data from in-house IT systems to cloud services.

The Open Group was a sponsor of the event, and had a presence in the exhibition hall. There was a steady stream of attendees with questions about the Open Subsurface Data Universe Forum, and about the emerging standard.

11 years, 10 months ago

Oil & Gas Companies Under Pressure

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Oil companies [are] essentially spending twice as much to undertake the same amount of work as in 2000¹. It’s evident that oil and gas companies are under an incredible amount of pressure. Pressure to meet increasing demands for energy, pressure to provide consistency in operations amid (or in spite of) price fluctuations, pressure to find […]

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