{"id":7793,"date":"2019-10-09T09:00:14","date_gmt":"2019-10-09T09:00:14","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=7793"},"modified":"2019-10-09T09:00:36","modified_gmt":"2019-10-09T09:00:36","slug":"wood-mackenzies-new-data-technology-transforms-oil-gas-upstream-valuations","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/wood-mackenzies-new-data-technology-transforms-oil-gas-upstream-valuations\/","title":{"rendered":"Wood Mackenzie\u2019s new data technology transforms Oil &#038; Gas upstream valuations"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Powerful global asset valuation tool\nlaunches on Lens\u00ae data analytics platform<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Natural resources research and consultancy Wood\nMackenzie launches the world\u2019s first Global Upstream Valuation solution,\nenabling organisations from the largest oil and gas companies to global banks\nto value assets around the globe in seconds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lens\u00ae brings Wood Mackenzie\u2019s up-to-date\nglobal data sets and trusted models together in an integrated cloud interface\nwith built-in screening, valuation, and visualisation tools, paired with\ncritical analytics solutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Drawing on Wood Mackenzie\u2019s extensive data\nsets and unparalleled sector expertise, the new Lens Global Upstream Valuations\nsolution analyses oil and gas data from around the world, providing\nup-to-the-minute insight into exploration and production opportunities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lens is a game-changer, allowing customers\nto create company or asset valuations in seconds, wherever they are in the\nworld, using its powerful search functionality and a detailed mapping\ninterface.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pre-populated with best-in-class data,\nGlobal Upstream Valuations offers a streamlined workflow that can be customised\nwith the user\u2019s own assumptions. Uniquely, the solution includes the live\nfiscal model that connects benchmark prices to net present value using powerful\ncontextual search and flexible filtering.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8216;Having access to the latest digital tools\nand experts \u2013 especially in the complex and evolving energy sector \u2013 is\nabsolutely vital for ensuring efficiency, productivity, agility and\nflexibility,&#8217; said Wood Mackenzie\u2019s Chief Product Officer Karen Padir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Seamlessly integrating with other Lens\nsolutions, Global Upstream Valuations enables users to filter, analyse,\nbenchmark and value an asset or company in the same environment, while also\ntracing and editing data and valuation models.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ms Padir added: &#8216;Our new tool completes\nthis at lightning speed, and multiple valuations can be run in seconds rather\nminutes, which means less data validation and more insightful analysis, and\nthus improved decision-making.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8216;We\u2019re thrilled to offer all our customers\na secure, fast platform in Global Upstream Valuations, enabled as it is through\nthe cloud. This means our customers can use the tool, secure in the knowledge\nthey can carry out parallel process calculations anywhere and at any time \u2013 and\nget the results they\u2019re looking for in minutes.&#8217;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As the same source data and calculation\nlogic is used, valuation data will be consistent, connected and aligned across\nall Lens solutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the addition of the Global Upstream\nValuations module to the Lens suite of applications, Wood Mackenzie marries\nmarket-leading technology with real-time data processing and a world-class\nanalytics platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wood Mackenzie\u2019s Lens platform is an\ninvaluable decision-making tool, harnessing the power of big data to provide\nanswers to complex questions, enabling customers to manage their operations,\nprocesses, and capital swiftly and efficiently, wherever they are.\n\n\n\n\n\n000000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powerful global asset valuation tool launches on Lens\u00ae data analytics platform Natural resources research and consultancy Wood Mackenzie launches the world\u2019s first Global Upstream Valuation solution, enabling organisations from the &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/wood-mackenzies-new-data-technology-transforms-oil-gas-upstream-valuations\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[3070,7221,7223],"class_list":["post-7793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-cloud","tag-lens","tag-visualization","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2019\/10\/wood-mackenzie.png?fit=716%2C399&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-21H","jetpack-related-posts":[{"id":10362,"url":"https:\/\/www.oilnewskenya.com\/index.php\/energy-transition-represents-a-us14-trillion-uncertainty-for-upstream-oil-gas-wood-mackenzie\/","url_meta":{"origin":7793,"position":0},"title":"Energy Transition Represents a US$14 Trillion Uncertainty for Upstream Oil &#038; Gas &#8211; Wood Mackenzie","author":"","date":"May 25, 2021","format":false,"excerpt":"The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a\u00a0new report\u00a0by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet \u2013 that demand would continue to rise indefinitely. As the energy\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/462b4c55cf9f29b6c475448e51931e0c.jpg?fit=800%2C534&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/462b4c55cf9f29b6c475448e51931e0c.jpg?fit=800%2C534&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/462b4c55cf9f29b6c475448e51931e0c.jpg?fit=800%2C534&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/462b4c55cf9f29b6c475448e51931e0c.jpg?fit=800%2C534&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":302,"url":"https:\/\/www.oilnewskenya.com\/index.php\/4bn-uganda-to-kenya-pipeline-key-to-unlocking-reserves\/","url_meta":{"origin":7793,"position":1},"title":"$4bn Uganda to Kenya pipeline key to unlocking reserves","author":"Samuel Kamau Mbote","date":"December 18, 2013","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Wood Mackenzie\u2019s latest upstream analysis asserts that the proposed 1,400 kilometre (km) pipeline, from central Uganda to Lamu on Kenya\u2019s east coast, is vital in order to realise the regions hydrocarbon potential. Wood Mackenzie says that the neighbouring countries\u2019 combined yet-to-find (YTF) reserves are in excess of 4\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/east_africa_kenya_uganda_tanzania_zambia_pipelines_map.jpg?fit=1033%2C763&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/east_africa_kenya_uganda_tanzania_zambia_pipelines_map.jpg?fit=1033%2C763&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/east_africa_kenya_uganda_tanzania_zambia_pipelines_map.jpg?fit=1033%2C763&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/east_africa_kenya_uganda_tanzania_zambia_pipelines_map.jpg?fit=1033%2C763&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7801,"url":"https:\/\/www.oilnewskenya.com\/index.php\/mozambiques-gas-projects-enter-implementation-phase\/","url_meta":{"origin":7793,"position":2},"title":"Mozambique\u2019s Gas Projects Enter Implementation Phase","author":"","date":"October 14, 2019","format":false,"excerpt":"Mozambique, Gas, FID, Wood Mac, ExxonMobil, Rovuma LNG project, Anadarko, Area 4, ENH,","rel":"","context":"In \"Baker Hughes\"","block_context":{"text":"Baker Hughes","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/baker-hughes\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/Mozambique-LNG-Park.jpg?fit=660%2C408&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8695,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-week-releases-opportunities-for-africa-in-the-energy-transition-report\/","url_meta":{"origin":7793,"position":3},"title":"Africa Oil Week releases \u201cOpportunities for Africa in the Energy Transition\u201d report","author":"","date":"July 28, 2020","format":false,"excerpt":"Africa Oil Week\u00a0has launched of first in a series of complimentary reports, produced in association with Wood Mackenzie. The report \u201cOpportunities for Africa in the Energy Transition\u201d, will be accompanied by a free-to-attend webinar taking place this Wednesday (29 July, 15:00 GMT+1). Posing the question \u201cWhat does the energy transition\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/AOW-Report.jpg?fit=794%2C395&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/AOW-Report.jpg?fit=794%2C395&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/AOW-Report.jpg?fit=794%2C395&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/AOW-Report.jpg?fit=794%2C395&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7983,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-and-gas-ma-deal-value-decreased-in-2019-driven-by-energy-transition-considerations-and-global-uncertainty-ey\/","url_meta":{"origin":7793,"position":4},"title":"Oil and gas M&#038;A deal value decreased in 2019 driven by energy transition considerations and global uncertainty &#8211; EY","author":"","date":"February 14, 2020","format":false,"excerpt":"Global oil and gas overall deal volume and deal value were down 17.7% and 10.8% respectively in 2019, as stagnant commodity prices, disappointing results, and low returns left the industry searching for capital. This is according to the\u00a0EY Global oil and gas transactions review 2019, which reveals that the transaction\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/EY-Oil-Check.jpg?fit=927%2C617&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/EY-Oil-Check.jpg?fit=927%2C617&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/EY-Oil-Check.jpg?fit=927%2C617&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/EY-Oil-Check.jpg?fit=927%2C617&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8591,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cloud-artificial-intelligence-ai-and-5g-are-already-reshaping-the-oil-and-gas-industry\/","url_meta":{"origin":7793,"position":5},"title":"Cloud, Artificial Intelligence (AI), and 5G are already reshaping the Oil and Gas Industry","author":"","date":"July 15, 2020","format":false,"excerpt":"Today, the Huawei Oil & Gas Virtual Summit 2020 \u2014 exploring 'Data to Barrel' \u2014 was successfully hosted online. The summit gathered together global customers, industry partners, and thought leaders \u2014 including representatives from the Abu Dhabi National Oil Company (ADNOC), Schlumberger SIS, and the former Chief Information Officer (CIO)\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/futuretech-diagram-oil-gas-5g-in-oil-and.png?fit=860%2C684&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/futuretech-diagram-oil-gas-5g-in-oil-and.png?fit=860%2C684&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/futuretech-diagram-oil-gas-5g-in-oil-and.png?fit=860%2C684&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/futuretech-diagram-oil-gas-5g-in-oil-and.png?fit=860%2C684&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=7793"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7793\/revisions"}],"predecessor-version":[{"id":7795,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7793\/revisions\/7795"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7794"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}