1. Non-transitory computer readable medium having processor readable code embodied thereon for programming one or more processors to perform operations for managing an intelligent field, the processor readable code comprising a set of instructions, that when executed by one or more processors, causes the one or more processors to perform the operations of: detecting faulty data from one of a plurality of well instruments for a well in an intelligent field defining a faulty well instrument; and estimating data values in at least substantially real-time to provide as a substitute for at least portions of the faulty data associated with the faulty well instrument, the estimated data values being based upon observed substantially real-time well instrument data values of at least two other of the plurality of well instruments associated with the well in the intelligence field.