Information Management StrategyDownload PDF | 864KB | 16 pages
The OGA has developed the Information Management Strategy in collaboration with industry in support of the MER UK Strategy and OGA Corporate Plan.
The Strategy provides the framework for a new approach which will enable the OGA and industry to improve information quality, coherence, consistency, transparency and help to unlock significant UKCS potential across the whole oil and gas lifecycle.
The Strategy identifies six key themes for the delivery of effective information management:
- Analysis, insight and understanding
- Data regulation
- Data quality management
- Data management authority and collaborative working
- Unified data storage and access
- Enhanced operational data management
The OGA has been set up to regulate, influence and promote the UK oil and gas industry and has been provided with a range of new powers to enable it to do so. The development of a series of strategies represents a key step in setting the strategic direction of how the OGA and industry will work together to maximise economic recovery (MER) from the United Kingdom Continental Shelf (UKCS) and was one of the core recommendations of the Wood Maximising Recovery Review.
The MER UK Strategy underpins our work and came into force in March 2016. It describes how MER should operate in practice, setting out a legally binding central obligation to take the steps necessary to secure the maximum value of economically recoverable hydrocarbons. It also sets out a range of supporting obligations as well as the required actions and behaviours of collaboration and cost reduction.