The EnergySys Production Allocation Standard app has some specific features to address the needs of onshore USA producers. It eliminates the requirement to reformat or manually manipulate incoming data, whether received from partner operators or from a company’s own operated leases, freeing valuable time and improving data integrity. Received data is validated, organised and managed within a secure and robust database.
This data can then be used within the product allocation modules to allocate shared production and consumption to leases and wells, using measured well contribution or values inferred from well tests, and to derive working interest share. The system provides standard reports and charts to view and analyse this data, as well as statutory returns such as the Texas Railroad Production Report.