Speaking at an SPE Digital Energy Study Group meet in Houston this month, Jim Soos, of IBM's global business services unit spoke on master data management (MDM) in the E&P industry. Integrating information across the different E&P domains, subsurface, production, operations and finances, requires a trusted source of shared data. But 'trusted' data will likely be scattered around the enterprise in local data sources and will likely be co-mingled with data of varied provenance and scope. Soos defined MDM as 'a set of disciplines, technologies, and solutions to create and maintain consistent, complete, contextual, and accurate business data for all stakeholders.
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