Production, Royalty, Tax, Transport and Annual Revenue Tax Regulatory Reporting
Enterprise Upstream Regulatory Reporting is an integrated solution designed to provide domestic (U.S.) oil and gas customers with accurate and timely regulatory reports for various state and federal agencies. With our integrated solution, prior period adjustments are captured in a more automatic fashion and companies reduce their overall cost of operations. By using the electronic filing formats available for most regulatory filing processes, companies have improved their filing accuracy and timeliness. A list of production, royalty, tax, transport and annual revenue tax regulatory filing processes supported by the application are included.
Regulatory Filing
Integration
-
Utilization of data from Production Management, Partner Balancing, First Purchaser and Settlement
-
Prior period adjustment logic allows for amended reports as a result of adjustments in integrated applications
Regulatory Agency Interface
-
Forms that define agency parameter names, definitions and codes for each report
-
Extract processed to given regulatory agency that incorporates agency rules and validations
Categories of Regulatory Reporting
-
Production
-
Royalty
-
Tax
-
Transport
-
Annual revenue tax
