Hydrocarbon accounting is done in the field and calculating accurate allocations down to the well level is a problem. Spreadsheets, varying processes, and integration of siloed data slows the reporting process.
Goals and Objectives
Accurate allocations data goes straight into dashboards to visually monitor, understand and manage the production performance and the status of the budget for each well
Allocations software with Hydrocarbon Accounting, field data capture (FDC), cloud, analytics
Use Case Summary
Production data is integrated in master data format (MDM) and aligned with allocations software, accounting, and field data