[vc_row][vc_column width=”2/3″][dt_gap height=”25″][dt_gap height=”25″][vc_column_text]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.[/vc_column_text][dt_gap height=”25″][/vc_column][vc_column width=”1/3″][dt_gap height=”25″][vc_single_image image=”14475″ img_link_target=”_self” img_size=”300×300″][/vc_column][/vc_row][vc_row margin_top=”0″ margin_bottom=”0″ padding_left=”40″ padding_right=”40″ bg_color=”#1e73be” bg_position=”top” bg_repeat=”no-repeat” bg_cover=”false” bg_attachment=”false” padding_top=”40″ padding_bottom=”40″ parallax_speed=”0.1″ type=”1″][vc_column width=”2/3″][vc_column_text]
Understanding the US Onshore Market
You might be wondering why we’ve created a US specific app when our Standard app is already so comprehensive. There are a number of reasons, some of which we’ve explained here…
[/vc_column_text][/vc_column][vc_column width=”1/3″][dt_gap height=”25″][dt_button link=”http://energysys.wpengine.com/apps/us-production-allocation-standard/understanding-us-onshore/” target_blank=”false” size=”medium” color=”pink” animation=”none” icon_align=”left”]Read more about the US Onshore market[/dt_button][/vc_column][/vc_row][vc_row type=”1″ margin_top=”0″ margin_bottom=”0″ padding_left=”40″ padding_right=”40″ bg_position=”top” bg_repeat=”no-repeat” bg_cover=”false” bg_attachment=”false” padding_top=”40″ padding_bottom=”40″ parallax_speed=”0.1″][vc_column width=”2/3″][vc_column_text]
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Typically, a US Operator will receive data from the field in the form of Gauge Sheets and Run Tickets. Gauge Sheets indicate the level of stock in storage tanks and/or the production measured at the wellhead. Run Tickets identify the quantity of crude oil lifted by road tanker from storage tanks. The Operator might also receive results of periodic well tests.
In addition, many operators also participate as non-operators in joint venture leases and receive gross production data for these leases from their operating partners. EnergySys allows data to be entered directly into the screens, or be posted to the system as email attachments or as manual uploads. Files can be imported in Excel, CSV or text format, and can be loaded in bulk by providing a zipped collection of data files. The layout of these upload files is not specified by the system, and the import process can be configured to read almost any layout. This is extremely important when a third party specifies the layout and it is not under your control. There are validation and verification checks on all raw metered data imported into the system.[/vc_column_text][/vc_tab][vc_tab title=”Allocation” tab_id=”1410340644-2-15″][vc_column_text]
The standard app includes a module for allocation of volume, mass or energy based on measurements, well tests and well decline curves. Allocation networks consist of Facilities, Leases and Wells of any user-defined type.
Facilities are locations in the network where an instrument reading, or derived reading, is available for allocation. They represent production facilities, such as a central drip station, or may simply be a group of wells that is independently metered. Facilities may also be related to other Facilities, allowing the possibility of arbitrarily complex allocation hierarchies.
Allocation is specified using a series of Rules to indicate which streams should be allocated at each facility or well, which allocation factor should be used, and the method of allocation.
While the standard module is highly flexible and should meet the majority of users’ requirements, the system also allows you to completely re-define the allocation logic to reflect special arrangements you may require. This includes modifying or completely replacing the existing algorithms with, for example, your own spreadsheet model.
Data locking helps you avoid unintentional changes to results after data has been published.[/vc_column_text][/vc_tab][vc_tab title=”Reconciliation” tab_id=”1410341485650-2-4″][vc_column_text]Reconciliation commonly refers to the comparison and, in some cases, correction of daily data on the basis of higher-quality information received on a less frequent basis, such as monthly. In the case of US Operators, the typical comparison is of the sales receipts with the measurements made at the property. EnergySys provides the means of allocating sales figures to the wells on a daily interval, and rolling up the daily figures to monthly for reporting purposes.[/vc_column_text][/vc_tab][vc_tab title=”Reporting” tab_id=”1410341508942-3-7″][vc_column_text]The standard app is provided with a number of beautiful standard reports, as well as ad-hoc reporting domains. These standard reports include interactive drill-down dashboards, daily operations reports, and statutory returns such as the Texas RRC PR Form. In addition, template reports can be developed to meet client-specific requirements. The ad-hoc reporting system provides you with the means to investigate and report on data on the fly, using sophisticated drag and drop design capabilities within the browser.[/vc_column_text][/vc_tab][/vc_tour][/vc_column][vc_column width=”1/3″][vc_column_text]
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