At Waterfield Energy, we bring unparalleled experience to the midstream market. We know the business of gas gathering and processing. We’ve booked plants, setup complex allocations and drafted contracts between processors and producers. We’ve walked gathering systems in the field and worked with plant managers while plants were under construction. We know your business. And we applied this knowledge to building the market’s best processing and gathering system.
There’s nothing easy about plant allocations and settlement. Existing systems make it even more complex, and they perform like diesel trucks. Come see our system and see an innovative way to make processing and gathering much easier to use, as well as faster and more efficient. A new breed of system is available in the market place. Call us today for a demonstration that will make you realize gas gathering and processing are easier than you ever thought.
Our Midstream Solutions Suite includes:
This module is used by the processor to accrue volumes and values for wells which may or may not process through a gas processing plant. Will create a monthly flash (accrual/estimate) for an asset. Can utilize estimated or actual volumes, incorporate new volume or contract streams and provides accuracy typically within 1% of actuals. System can also be used to identify differences between actual and accrual.
Provide full processing and transportation contract management functionality including alert processing on contract key dates, document imaging (or link), and workflow management for the contract.
Provides complete Division of Interest management for both working interest and royalty owners. Provides check write functionality.
Provides Daily, Monthly or as many months into the future as required forecasting of revenue and producer payments through a plant processing asset. Includes Residue, NGLs and Fees. Incorporates Price sensitivities, volume curves, percentage declines, and plant recoveries.
Provides for marketing and trading of equity production and Third Party production (NGLS, Residue, Oil). The system can capture physical and financial deals, as well as analyze risk management. This module is expected to be released in 2012.
This product handles plant allocation and valuation for settlement to the producers. System handles complex, multi-tier product level or component level allocations and contract terms including POP (POL), Fee, Keepwhole, Wellhead Purchase, Fixed Recovery and Fixed Fuels, Margin, and Multi Terms. Includes tax calculations and state reporting.
