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Enterprise Upstream Regulatory Reporting - 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
  • Most reports can be filed via hard-copy or electronically
  • Participation in PIDX to support creation of EDI and XML standards for reports
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
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Assets Management -
Enterprise Upstream Assets Management Suite provides software solutions to manage your assets from the time they are acquired until divestiture or
retirement of the asset.

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Volumes Management -
Enterprise Upstream’s Volumes Suite provides the industry's only truly global, web enabled production application.
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Reporting and Analysis -
Enterprise Upstream is pleased to provide a web based reporting framework which enables users of all levels in the company to access reports both securely and using a simple user interface.
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“The implementation of P2 Energy Solutions’ Enterprise Upstream and Oracle’s eBusiness Suite will build a foundation for our future growth. We have targeted several areas where we believe the system will have a significant impact on our day-to-day operations.”

- Alton Heckaman
   Chief Financial Officer
   
Swift Energy