Integrating cost and schedule in p6 - Oracle Primavera P6 Collaborate 14
1. REMINDER
Check in on the
COLLABORATE mobile app
Integrating Cost & Schedule in P6
Presented by:
Stephen Airey, Caracal Energy Inc.
Ivan De La Fuente, Emerald Associates Inc.
P6 & Financial System Integration
Session ID#: 15434
4. ■ First independent E&P company to be granted PSCs in Chad
▪ Exclusive rights to explore and develop ~6.4 million acres (26,100 km2) in the Doba and Doseo Basins
■ Proven ability to operate in Chad
▪ In two years, have fast tracked development of two oil fields and made two exploration discoveries
■ Currently producing and exporting light Oil
▪ First Oil obtained on 30 September 2013 - Current production approximately 12,000 bbls/day gross
▪ Expect to exit 2014 at 40,000 – 45,000 bbls/d gross
■ Fully funded to develop the existing fields and exploration program
▪ Current cash on hand, GlencoreXstrata carry and funds from operations sufficient to execute the aggressive
capital program
■ High impact Exploration program in 2014 through 2016
▪ Plan on drilling 35-45 exploration wells over the next 2.5 years.
▪ Test over 3.0 billion barrels of mean unrisked prospective resources by mid 2016
■ Strong strategic partners
▪ GlencoreXstrata and SHT - Excellent partners with strong relationships
5. ■ Experience
▪ 5th Year - Oracle Platinum Partner
▪ 20th Year - Primavera Solutions Provider
▪ Headquartered in Calgary, Canada, clients worldwide
■ Track Record
▪ Serving Oil & Gas, Engineering, Construction, Utilities, Mining,
Government, Manufacturing, Health Care, and other industries
▪ Add-on, enhancement and integration (60+ tools) specialist
■ Mission
▪ Innovate, integrate, streamline
▪ Lasting solutions= long term relationships=Happy Clients
6. Stephen Airey
■ Over 25 Years experience in International Oil and Gas Projects
■ Graduated in Control Engineering 1989
■ Lived and worked in many countries - UK, Norway, Qatar, Italy,
Germany, Japan, Korea, USA and Canada
■ Moved into Project Management
■ MBA in Project Management, Cranfield, 1998
■ Moved into Information Management & Business System
development
▪ Agip KCO, Kazakhstan – Head of Information Management, Kashagan
Field Development
▪ Pearl GTL, Qatar – Manager, Information Management
■ Current role Project Services Manager, Caracal Energy
▪ PMO, Project portfolio management, Business process and systems
development
7. Ivan De La Fuente
B.Sc. Industrial Engineering, Implementation Specialist.
■ Completed his studies and writing his final thesis in Germany.
■ Began his career as a Facilities Designer completing his Building
Technology Degree.
■ Experienced playing diverse roles in the project process including designer,
coordinator, scheduler and project manager.
■ Instructor for an Engineering Undergraduate Program.
■ At Emerald, plays an important role in the Unifier group, developing new
custom business processes and taking part of the training sessions.
■ Creative and enthusiastic approach in developing and evaluating
alternative solutions to problems.
■ Balance between professional and personal life Exploring the Rockies
8. OVERVIEW
• Republic of Chad & Caracal Energy
• Caracals Portfolio of Projects
• Drivers for P6
9. Republic of Chad
■ International
■ Republic of Chad
■ GDP double – within 5yrs????
■ Pipelines, facilities, roads, wells, storage…
■ Building from ground up
11. Caracals Project Portfolio
■ Annual spend over $800MM
■ Drill 35 – 45 Exploration wells
■ 7 Oil Fields on production by 2018
■ 500 Km Pipeline across Southern
Chad
12. Drivers for P6
■ One Plan – Multiple views
■ Global access
■ Visualize Progress & Cost
■ Scalable
▪ Logistics forecasts
▪ Resource loading
▪ Scenario analysis
■ Maximise Automation /
Minimise customization
■ Ability to attribute Activities,
Projects, groups of Projects
■ Single Instance – Chad /
Calgary Access
■ Scalable for future
▪ Costs to Activities
▪ Resources – Rigs, Trucks
▪ Resources – People / Roles
■ Emerald Expertize
■ Emerald tool kit
■ Integration using Middle-ware
Data warehouse / Cube
Caracals Challenges P6 & Emerald Ability
16. Global Telecomms & Infrastructure
■ Satellite communications to N’Djamena, Chad
■ ‘Local’ satellite ‘hops’ to field work sites and to Rigs
■ Limited Bandwidth
▪ Everybody has ‘Developed world’ expectations
■ Regular Power cuts / IT impact
▪ Data integrity; Server management
19. STANDARDIZATION: Templates by Asset
■ Asset = Template = P6 Project
Example: Infrastructure, Wells, Facilities, Pipeline,
General Services, etc.
■ Concept:
■ Level 2.5 or 3 Schedule
■ High level of attributes for Reporting
■ Assign GL Codes to Activities for Cost
mapping
■ Use Steps for more detail / less than a
Month duration activity
■ Level 4 / 5 Activities can be added but
do not carry any cost data
20. STANDARDIZATION: Consistent Structure
■ What we did
▪ Corporate Hierarchy – PSC / BLOCK / FIELD / PROJECT
▪ Project codes, Activity, Activity Codes, UDFs
▪ WBS – phases
▪ Tasks – Codes, UDFs, responsibility, steps, roles
■ What we got
▪ Organization
▪ Reporting at multiple levels
▪ Usability
▪ Consistency
▪ Quality
23. COST INTEGRATION: Budget / Spending Plan
■ Budget Built to Reflect Projects / Cost
Centers
■ Emerald P6 Loader allows us to quickly
load and reload thousands of data points
from the Capital Report (a spreadsheet)
into P6.
PSC
EEA / EXA
Field / Area
PROJECT
Budget Item
Activity (AFE)
24. COST INTEGRATION: Budget / Spending Plan
■ AFE Estimates, GL Codes and GL Code
Estimated Costs Pushed onto Activity
■ Actual Costs pushed to AFE / GL code
■ Middleware Data Cube used to map, collate and
provide a structured view for Emerald Tool to
distribute costs on Activities
PSC
EEA / EXA
Field / Area
PROJECT
Budget Item
Activity (AFE)
Emerald Utility &
Data Cube / Mart
Emerald Utility &
Data Cube / Mart
Actual Cost by GL
Estimates by GL
25. COST INTEGRATION: Actuals & Field Estimates
■ Emerald technical staff has created several add-ons tools,
such as Cost Elector which determine the Actual Cost based
on the field estimate cost, accounting cost (ITD) and last
updated date.
Field
Emerald Utility &
Data Cube / Mart
Emerald Utility &
Data Cube / Mart
26. COST INTEGRATION: Summary
PSC
EEA / EXA
Field / Area
PROJECT
Budget Item
Activity (AFE)
Expense
Emerald Utility &
Data Cube / Mart
■ Ability to pull Budget, Estimates
Forecast and Actual COSTS into a
single view next to the PLAN
showing PROGRESS - DAILY
BUDGET & SPENDING PLAN
AFE NUMBER & ATTRIBUTES
AFE & GL Code ESTIMATES
ACTUAL COST
FIELD ESTIMATE
28. CONNECTIVITY: Technical Solutions
■ Network access from Chad to P6 Web
■ Network access using P6 Compression Server
■ Remote Desktop (RDP) access to P6 Web
■ RDP access to compression server P6 Client and web
■ RDP access to P6 Client
■ P6 Check in / Check out functionality
▪ Field / off network / no comms use of P6 on a Laptop
30. Please complete the session
evaluation
We appreciate your feedback and insight
You may complete the session evaluation either
on paper or online via the mobile app