Current Situation
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 slow down the reporting process.
Goals and Objectives
Accurate allocation data goes straight into dashboards to visually monitor, understand, and manage the production performance and the status of the budget for each well.
Technology Deployed
Allocations software with hydrocarbon accounting, field data capture (FDC), cloud, and analytics
Use Case Summary
Production data is integrated in master data format (MDM) and aligned with allocations software, accounting, and field data.