Overview

The OGP (Oil and Gas Production) module is also called the Production module. This system is designed to allow the user to quickly and easily enter pumper's gauge reports and run tickets; which enables the system to calculate production, and maintain production history on an unlimited number of properties for each individually licensed state. The module also manages the required state reporting for multiple states.

Interface: Production interfaces with existing property setup in Revenue / Billing.

The Production System features include:

•Oil and gas production verification and reporting for operators and producers.

•Tracking and reporting of oil, gas, water, and other disposition items.

•Ability to enter daily oil production information from the run tickets. The run ticket screen allows on-screen calculation of the net barrels as well as pricing calculations of the run ticket.

•Entry of oil purchaser and gas purchaser statement information for regulatory reporting options.

•Creating EDI transmittal files for the Texas Railroad Commission's e-File reporting.

•Importing CSV files and exporting run tickets to CSV.

•Purchaser statements may be reconciled against the gauges and run tickets for a comparative variance report.

•Allows setup of tank-strapping information to compute volumes when you enter oil gauges and run tickets. Capability of running commingled storage tanks or pipeline gathering systems.

•Generate oil and gas production reports. Run Ticket Detail, Operators Run Statement, Comparative Run Statement, Owners statements and historical oil sales, and gas sales listings for any range of months.

•Production Graphs.

•Various state regulatory reports are printed for Texas (PR Reports), New Mexico (C 115), Colorado (Form 7), Louisiana (OGP) as well as generic monthly report(s) of production information for other states. MMS 4054 reporting is produced for federal leases.

The system maintains a relational database of information for properties, fields, crude and gas purchasers, gravity scale adjustment tables, tank strapping and product price index. This "foundation" information must be entered before production data can be entered into the system.

After the initial file setup, the next step (if desired) is to enter production history for each property. At the very minimum, the previous month's closing on hand balances must be entered to provide a starting balance for the first production records. The easiest (and best) way to accomplish this is to enter gauge reports, and any run tickets for each property, for the first day of the month for which you are starting. Once entered, start a reporting cycle, and update. From that point on, the system will automatically maintain your reporting cycles, and disallow entry into updated periods.

State production reports for Texas can be generated using the monthly cycle menu. The system can create EDI transmittal files for the Texas Railroad Commission's e-File reporting. State reporting for hundreds of properties can be done in only minutes! Official original, corrected, or generic office copies of P1 and P2 reports can be generated at any time, for any month.

Oil & Gas Production (OGP) allows you three levels of tracking production. As the level of input increases so does the reporting available.

Levels of Input

Levels of Output

Monthly

Run Tickets:
Enter monthly from Crude statements

Gauge Reports:
Enter ending gauge report monthly

1. Governmental state Reporting.

2. Investor reporting by property (summary production by property that can be easily printed and sent to any owner)

Mix

Run Tickets:
Enter as they occur (daily, etc)

Gauge Reports:
Enter ending gauge report monthly

1. Governmental state Reporting.