Key Customer Benefits May 10, 2021

New Features Released:

Production Accounting
- Exceptions Dashboard
Analytics

Exceptions Dashboard

Production accountants wanted an ability know the exceptions encountered while running daily production allocations . The Exceptions Dashboard helps users quickly identify problems such as Mismatch in beginning and ending well inventory, failed allocations, source volumes mismatch with well allocated volumes, wells with negative allocated volumes .etc. This helps the production accountants quickly identify the problems and fix them, reducing the time taken to complete daily allocations, resulting in actionable insights available for the field much earlier than before.

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North Dakota Form 11 Regulatory Report

Production Accountants wanted the ability to generate a Form 11 report for the state of North Dakota. The Form 11 regulatory report can now be directly generated and published from within Oil & Gas Production without the Production Accountant having to extract relevant data and create it manually.

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Montana Form 09 Report

Production Accountants wanted the ability to generate Form 09 & Form 05 reports for the state of Montana. The reports can now be directly generated and published from within Oil & Gas Production without the Production Accountant having to extract relevant data and create it manually.

Form 09 is the Monthly Gas Report needs to be filed by Montana Operators if Gas produced has been used on Lease. Form 09 has a hierarchy available in it with Battery, Montana Field Name and Montana Lease Name levels in it.

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Montana Form 05 Report

Form 05 is the Injection Report for Montana. Raw format is the excel format having multiple tabs. Each tab is for Unit and Field combination.

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