Software, data and services for the
upstream oil and gas industry.


Energy Management Software for Mid- and Large-Sized E&P Companies

 

Production Sharing Agreements

Production Sharing Agreements (PSA) manages cost and production transactions and allows users to manage their PSA requirements with easy to define calculations. With PSA, you can easily manage your agreements, track costs and production, as well as manage the complex calculations required by each agreement. By integrating and automating these functions with PSA, you can substantially reduce your cost of operations through improved information processing and analysis and enhance productivity throughout your entire organization.


Full integration with Enterprise Upstream Joint Venture Accounting (JVA)

  • Costs extracted from JVA module
  • Manages prior period adjustments
  • Allows users to define recoverable accounts at the agreement level
  • Allows for user-override of recoverable accounts at data input
  • Builds on JVA integration with Oracle Financials

Full Integration with Enterprise Upstream Production Management

  • Utilizes agreements, parties and report centers from Enterprise Upstream Base for single-point data entry
  • Builds on report center hierarchy technology for reporting and data extracts

Full Integration with Enterprise Upstream Base

  • Ability for users to create simple equations via MS Excel-type equations
  • Ability to create more complex equations using PLSQL

Step and Sliding Scale Functionality

  • User-defined step and scale functionality with precision of daily, monthly, quarterly or annually
  • Ability to share scales across agreements

Estimates and Forecasts

  • Ability to enter estimated data for cost transactions, production volumes and lifting transactions

Lifted Volumes by Party

  • Capability to process estimated data against current equations for forecasts as well as modified equations for what-if scenarios

Third-Party Software Integration

  • Open interface for production volumes, cost transactions and volumes by party
  • Allows users of third-party software to interface data into the PSA application
  • Dependency on Enterprise Upstream Base for report centers and hierarchy