Our Upstream solutions suite offers the producer complete functionality for integration with their midstream partners. The solutions allow for electronic upload of processor data to avoid time-consuming, expensive and error-prone manual keying of data. Allocate volumes and values back to the well and interface to your revenue system for DOI and checkwrite.
Use our suite to forecast volumes and revenue from your gas entering a processing plant. Create accurate monthly accruals quickly and easily.
Let our systems compare your accrual to the processor’s actual data and point out where differences occur. Find mistakes you made, or more importantly, mistakes they made.
Our suite of Upstream Solutions include:
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.
Provides an audit of the processor’s results. Compares producer’s accrual to the processor’s actuals and identifies differences in volumes, prices, or contracts which led to the discrepancies. Automates the job of auditing your plant processor.
Provides complete custody transfer meter to well allocation of plant products and values. Values can be allocated or priced separately.
