Supporting M&As - Delivering Seamless Data Migration

Following the sale of our client’s downstream business, all relevant sub-surface technical data needed to be migrated to the buying company. E&P supported the transition process to deliver a seamless data migration to the buying company.

E&P was tasked with helping the client to problem solve and overcome several key challenges related to the transition process, including:

• Difficulty establishing the definitive models from interim non-definitive working models (other than the limited set provided in the pre-sale data room).
• Clearly understanding the licensing constraints associated with passing interpreted data and raw seismic data between different corporate entities (when only one entity has a license) and the transferability of licenses.
• Identifying key physical data (e.g., core samples or paper well logs) that needed to be passed to the new company when supporting documentation was of an inconsistent quality.

• Build a team to efficiently tackle each of the identified problems.
• Ensure license contract terms correctly interpret to avoid potential liabilities and penalties.
• Use automated tools to efficiently analyse data models to support critical business decisions for the purchasing company.
• Digitalise physical archival records to minimise physical transfer and ongoing storage costs.

• A cross-discipline team was formed with digital domain skills to efficiently tackle each of the identified problems. This included financial incentive strategies for key personnel to remain in place, ensuring a full and successful knowledge transfer in line with the deal completion.
• Legal representation with domain experience was sourced to correctly interpret license contract terms.
• Automated scripting was used to provide first-pass analysis of data models to exclude those least likely to be candidates for transfer based on age or location.
• Physical archival records were systematically assessed against sale requirements and digitised to minimise physical transfer and ongoing storage costs.