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Measurement Data Management - business process

Evaluate, validate, edit and correct measurement data

With large volumes of data, accuracy is critical as even the smallest variance translates into extremely large dollar amounts. Results are required in near real time, so it is crucial that systems allow users to evaluate, edit and correct data in an efficient manner.

Measurement Data Management Processes and Systems

In addition, industry standards, technical advances and resulting business processes continue to evolve, so processes and systems to address these challenges are critical to success. Key elements include:  

  • Collect data from a myriad of different sources and device types (EFM, coriolis, chart, chromatograph, 3rd party, etc.)
  • Automate validation of the large volume of data collected, isolating only the data requiring attention
  • Analyze suspect data to determine the root cause of error
  • Select an approach for error correction from among available alternatives and correct the error
  • Ensure compliance with industry standards and regulatory requirements (e.g. AGA, API, GPA, EUB, SOX, etc.) in all calculations and controls
  • Standardize field testing and maintenance activities and centralize resulting data
  • Publish validated results to internal and external parties relying on measurement data
  • Serve as the single system of record for all measurement data from across the enterprise 

Measurement Data Management Software Solutions 

Quorum has experience in the Measurement Data Management process in design, implementation and support of configurable, sustainable, scalable information technology solutions to manage business activities efficiently and cost effectively. In addition to consulting services, we provide a full range of software solutions specific to the Measurement Data Management process, including:
 
 

Quorum Enterprise-wide Software Portfolio for Measurement Data Management process

  
                                       
      E&P     Midstream   Pipeline   LNG   LDC   Renewable Energy   Natural Resource   Energy Marketing
                                       
  Measurement Data Management   Flow Measurement PGAS       Flow Measurement PGAS   Flow Measurement PGAS   Flow Measurement PGAS   Flow Measurement PGAS            
                                       
  Reporting & Business Intelligence   Multi Dimensional Reporting & Business Intelligence (BI) Solution