Production accountants want a method to allocate gross as well as net sales volumes if and when needed. We created a capability for the user to configure the reading sources which capture Net Sales, to allocate them back to the wells in the same proportion in which gross sales volumes of those transactions were allocated back to the wells. This allows the user to generate Net Sales allocated results without the need for any post processing, while allowing the tank inventories to transact in gross volumes.
Production Accountants needed the ability to generate OG110B report for the state of California. We provided the capability to directly generate and download the OG110B regulatory report without the any manual intervention. This allows the user to download the report without any extra effort significantly reducing the time taken to accomplish.
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Principal at NOVO
Whiting Petroleum Corp
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