What is well data store in SAP IS-OIL - SAP for Oil & Gas?

SAP Term: well data store

• Component: IS-OIL

• Component Name: SAP for Oil & Gas

• Description: Industry Solution Oil A function that manages and integrates corporate well data information by categorizing data as assets and projects. The types of data that the well data store processes include: well names and descriptions, the physical attributes of a well, and the operational and organizational attributes of a well.

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• Key Concepts:
  The Well Data Store (WDS) is a component of the IS-OIL SAP for Oil & Gas. It is a central repository for all well-related data, including well design, drilling, completion, and production information. The WDS provides a single source of truth for all well-related data, allowing users to access and analyze data quickly and accurately.
  
  How to use it:
  The WDS can be used to store and manage all well-related data, including well design, drilling, completion, and production information. It can also be used to track changes in well data over time. Additionally, the WDS can be used to generate reports and analyze data for decision making.
  
  Tips & Tricks:
  When using the WDS, it is important to ensure that all data is accurate and up-to-date. Additionally, it is important to ensure that all users have access to the same version of the WDS in order to ensure consistency across the organization.
  
  Related Information:
  The Well Data Store is part of the IS-OIL SAP for Oil & Gas suite of products. Other components of this suite include the Well Design Tool (WDT), the Drilling Tool (DT), and the Production Tool (PT). Additionally, the WDS can be integrated with other SAP applications such as SAP ERP and SAP HANA.