P2 Qbyte Metrix
Qbyte Metrix is the complete solution for production, revenue, royalty, and regulatory reporting requirements for Canadian oil and gas producers. Designed to deliver productivity advantages and greater efficiencies for new and experienced production accountants alike, Metrix is simple yet robust, ensuring the best use of a production accountant's time and accommodating those complex requirements when needed.
Designed with the production accountant in mind, Metrix has deep capabilities to support a number of allocation approaches for oil, gas, and products. Upload information quickly, get monthly data entered quickly, and see exactly where you're at in your monthly process.
EPAP & Trending
Metrix’s EPAP (Enhanced Production Audit Program) module lets you see and correct anomalies, helping you to avoid and reduce the number of exceptions on the Compliance Assessment Report. The trending configuration enables production accountants to proactively review and manage data quality. The result of this proactive approach? Fewer amendments, less rework, and more accurate revenue sharing.
Metrix supports the most common regulatory requirements for Alberta, British Columbia, Manitoba, and Saskatchewan. These include the Petrinex uploads and downloads, royalty take in kind, and required royalty payments.
With both independent and integrated DOIs, the ability to manage any number of DOI exceptions, and a powerful Market Master, Metrix gives production accountants the ability to fully manage revenue distributions.
The Metrix Royalty Formula Builder allows production accountants to build almost any formula detailed in an agreement, reducing and potentially eliminating the need to perform royalty work using spreadsheets. With the solution's template functionality, build common royalty formulas just once and reuse them as many times as needed.
Easy Access to Information
Optix for Metrix is a powerful, easy-to-learn, and easy-to-use web-based reporting application. With many oil-and-gas-specific reports, Optix is ready to go right out of the box. Use the solution to schedule, group and share your reports with the rest of your organization, and analyze your data with drilldowns to source data. Optix also has an ad-hoc reporting tool that lets you access the data directly so you can respond to stakeholder questions, audit queries, and data analysis.
Proactively manage your data quality with EPAP and Trending analysis.
Easy to Use
Metrix is built to follow the production accounting process, complete with ease of access to all of your data.
On Premise or Online
Metrix can be installed on-premise or hosted online by our experienced database team.
No matter your company's size, no matter its plans, Metrix stands ready.