Home
>
Software >
Enterprise Upstream > Upstream Asset
Management
 |
Enterprise Upstream Asset
Management |
 |
Land
and Concessions enables companies to store and manage all types of agreements, monitor agreement provisions, meet obligations, and generate the documents and reports required to support this demanding and complex business. By using Land and Concessions, companies can maintain a single stream of ownership from land through accounting, and attain unparalleled integration and optimal efficiency of its upstream business operations.  View
Joint Venture
Accounting manages cost transactions
and automates joint interest billings for
worldwide exploration and production companies.
With JVA, you can easily track, calculate
and allocate direct and indirect costs,
create and manage cash advances, generate
invoices and analyze your operating costs.
By integrating and automating these functions
with JVA, you can substantially reduce your
cost of operations through improved information
processing and analysis, and enhance productivity
throughout your entire organization.
Authorization
for Expenditure is a flexible
project cost tracking application specifically
designed to support global petroleum operations.
AFE enables companies to manage all cost
aspects of a project from generating the
request and approval for finds, to tracking
of progress and expenditures, creation of
amendments and supplements and closing of
the AFE. By using AFE to proactively monitor
projects, companies can reduce overhead
costs and risks inherent to managing complex
projects, and maximize cost recovery from
partners.
Partner Balancing
is an integrated, comprehensive system that
streamlines oil and gas volumetric partner
accounting. With Partner Balancing, companies
can process and allocate volumes, perform
partner balancing, and generate reports
for producer imbalances. By using Partner
Balancing to streamline these functions,
companies can improve their operational
efficiency and reporting.
Revenue
Settlement is the industry's
most integrated revenue system designed
to support global exploration and production
operations. Revenue Settlement is an agreements-based
application that manages the financial transactions
for operated and non-operated properties,
and all hydrocarbon products. Revenue Settlement
simplifies and automates calculations, distribution,
suspense management, payment processing,
revenue netting and regulatory reporting.
By using Revenue Settlement to integrate
and streamline these functions, companies
can reduce their cost of operations and
further optimize their return on assets. View
|
