Home  |  Solutions  |  Customers  |  Partners  |  News & Events  |  Resources  |  About Us  |  Contact Us
 
 
 
 
 
Solution Information

Product Suites

Sarbanes-Oxley

Technology Features

BI Features
 
 

 
 
EMK3 Upstream

Introduction

Business Case

Internal Controls

Market Data Module

Oil & Gas Supply Module

Transportation & Gas Control Module

Contract Admin Module

Revenue Reporting & Analysis Module

Marketing Activity Module

Credit Module

Hedging Module
 
 

 
Download Brochure

Supply_Module.pdf
Portable Document File

Get Adobe Acrobat Reader

  Solutions: EMK3 Upstream - Oil & Gas Supply Module
 


- Oil & Gas Supply Module -
 
 
Make responsive marketing decisions with accurate, timely, and reliable volume information
 
Access to accurate, timely, and reliable volume information is critical to the success of an oil and gas marketing organization. This impacts issues like determining the optimal amount to sell each day, identifying production loss or down-time, and tracking lost volume due to partner imbalances. All have an impact on revenue.  
 
The Oil & Gas Supply Module stores basic supply point information for wells, tanks, and meters. It provides a single portal for all volume information critical to marketing operations. It integrates with your production system to receive volume information from the field. In addition, this module offers advanced tools for managing available-for-sale volume and calculating partner-level imbalances.

Key Features

- Manage Well/Tank/Meter Information: Manage basic information on all supply points, such as wells, tanks, meters, etc. Information includes well name, meter no., location, operator, and more.

- Track all Partner Interests (DOI): For each supply point, track all working and royalty interest partners, including GWI %, Entitlement %, and AFS %, and marketing arrangement (ie. JOA or Take-In-Kind). Automatically roll up DOI to aggregation points.

- Track GBA Terms: Track your gas balancing agreement (GBA) terms, such as over produced cap, under produced makeup percent, and excluded months. Also track make-up/pay-back status for each partner per month.

- Manage all Volume Information: Manage all production forecasts, production actual, available-for-sale, pipeline allocated, and partner allocated volumes.

- Integrate with Production System: Integrates with your production system to receive daily field volumes and production forecasts.

- Manage Partner Imbalances: Manage all partner-level imbalances (partner balancing) and invoke make-up/pay-back provisions to bring back into balance.

- Calculate Available-for-Sale: Calculate available-for-sale volumes with makeup/payback adjustments and generate AFS letters for partners.

- Define Information Alerts: Set up various types of automated user alerting, such as a change in production volume or a change to a DOI deck.

- Generate Reports: Division of Interest, Allocation Table, Monthly Production, Run Ticket, Split-Connect, and more.


 

 
Home  |  Solutions  |  Customers  |  Partners  |  News & Events  |  Resources  |  About Us  |  Contact Us