In the Spring of 2018, a group of leading oil and gas companies met to discuss how contemporary cloud technology could be used to transform the current complex data and application environment. The Open Group OSDU™ Forum was created with the objective of enabling new cloud-native data-driven applications with seamless access to the full range of subsurface and wells data as well as supporting existing applications and data frameworks.
The core principle of the OSDU solution is to separate data from applications. This will be achieved by developing a common data platform with standard public APIs and to involve the global cloud hosting vendors to build working implementations that will:
Allow companies to focus on the truly differentiating parts of business activities
Reduce the resource and cost burden of independently designing and validating a subsurface data platform
- Influence and accelerate key reference components that will be the foundation of the Upstream Digital Transformation
By making this an open and transparent initiative, the OSDU Data Platform will be attractive for the industry as a whole, including oil and gas operators, cloud services companies, technology providers, software companies, academia, and others.