Power BI solution for Monadnock Resources LLC
“Novataris has very quickly turned our goals into reality with a solution that provides the constant overview and insight necessary to significantly increase our effectivity and productivity."
David Williamson. Founding Member, Vice President, Geoscience
Monadnock Resources, LLC is a Dallas based company, engaged in the exploration and production of oil and gas assets in the Permian Basin. Their strategy is the application of modern drilling and completion technologies applied to known resource accumulations. To maintain high efficiency and productivity, it is extremely important for their business to have constant overview of their processes.
Each day, Monadnock receives a large amount of data in unstructured formats, which requires them to spend a substantial amount of time moving data around manually and creating complex procedures with Excel workbooks. They needed an easy-to-use and powerful data analytics platform for reporting and analysing production and incoming data, enabling them to spend less time formatting and sorting data and more time analysing it.
"Monadnock is now able to collect all their disparate data into a single platform, and can additionally create detailed well dashboards to explore production profiles next to key drilling parameters, well log data such as gamma ray lithology, porosity and resistivity, as well as completion information like frac gradients, breakdown pressures, proppant and water volumes and more."
Monadnock needs a solution that can help them fully automate their workflows and provide a straightforward way to digitally collect production data from the field and easily build custom visualizations and advanced statistical models.
Novataris delivered a solution with ground-breaking features that automates Monadnock’s entire work flow, provides real-time insight into their business and enables them to easily collect and strategically manipulate all their data, changing their way of working. The solution is built on cutting edge data visualization technology to provide Monadnock with a comprehensive overview of all their processes.
All their production data is automatically collected into Power BI, which empowers Monadnock to quickly build custom visualizations and advanced statistical models in a platform that is easy and intuitive to use. As Power BI is optimized for tablets and big screens they can access their data any time and everywhere. By choosing the most relevant elements, they can easily build personal dashboards, export any data to Excel and subscribe to customized reports delivered daily to their mailbox.
Monadnock is now able to collect all their disparate data into a single platform, and can additionally create detailed well dashboards to explore production profiles next to key drilling parameters, well log data such as gamma ray lithology, porosity and resistivity, as well as completion information like frac gradients, breakdown pressures, proppant and water volumes and more. They can even compare multiple wells side by side.
The solution is fully hosted, meaning all Monadnock needs to stay in command of its ever-changing data is a browser running on their operating system, or they can use the Google Play, Apple Store or Windows app available. The solution is also supported by ArcGIS, which enables Monadnock to add their own custom detailed map overlays to explore new business opportunities and benchmark wells in a contextual, geographic framework. Monadnock now has a powerful foundation for making the right decision faster and move their business forward.