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Process and Allocate Sales Volumes
- Provides multiple allocation methods - entitlements, base-load, swing and pro rata
- Provides wellhead product balancing for oil, gas and natural gas liquids
- Provides multiple agreements allocation
- Supports adjustments to allocated volumes
- Allocations processed by completion
- Automatic generation of P2ES Settlement transactions
Perform Analysis and Generate Reports
- Pre-addressed monthly product imbalance statements
- On-line view of current and cumulative product imbalance position by party
Product Balancing
- Calculates producer imbalances
- Tracks ownership entitlement versus ownership sales
- Calculates entitlement against total production
- Tracks allocation and sales distribution
- Updates cumulative imbalances with sales adjustments or entitlement calculations
- Records adjustments to imbalances by party
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