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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
 
 

 
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  Solutions: EMK3 Upstream - Transp. & Gas Control Module
 


- Transp. & Gas Control Module -
 
 
Optimally schedule and transport production every day while limiting costly imbalances
 
Oil and gas schedulers face the day-to-day challenge of managing their contracted volume obligations. Unexpected flow issues can have a severe impact on revenue and result in costly pipeline penalties. Setting the nominations for the month and monitoring each day requires both timely data and effective tools for managing the information. For this, EMK3 offers the Transportation & Gas Control Module.  
 
The Transportation & Gas Control Module provides powerful tools to manage critical gas control issues. You can manage your scheduling and nominations at all receipt and delivery points starting at the gathering system and moving down-stream to your purchasers. The system tracks each segment along the transportation path keeping track of daily and monthly variances at each point. The system also manages pipeline imbalances and calculates the appropriate value.

Key Features

- Manage all Facility Contracts: Store all the details of your gathering, transportation, plant, storage, and other facility contracts, including all receipt/deliver points and all associated fees and adjustments.

- Batch Copy/Edit Facility Rates: Simplify data input and maintenance with batch copy and batch edit commands for your gathering and transportation rates. Also use rate tables for frequently changing contract rates.

- Define Gas Scheduling Systems: Define a gas scheduling system and calculate daily variances between all receipts and deliveries. System automatically fills in gas availability at receipt points and contracted sales volumes at delivery points and calculates an available daily swing. The system offers multiple scheduling views.

- Manage Nominations: Manage both your nominated and pipeline actualized volumes at all receipt and delivery points and track daily and monthly variances. Batch-create new nominations for quick setup

- Track Downstream Contracts: Track all downstream contract volume and adjust nominations based on downstream contract adjustments.

- Track Facility Imbalances: Track your pipeline, plant, and storage imbalances across all facility contracts and calculate the value of the imbalance. Supports rolling imbalances, cash-outs, imbalance swaps, and more.

- Generate Reports: Contract Brief, Monthly Nomination, Monthly Pipeline Balancing, and more.


 

 
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