With this new solution, time spent on field data capture and reporting activities can be reduced by 40% or more

Team anticipates efficiency improvements from the field all the way through to the reporting process

For oil and gas operators, properly managing NGLs can lead to better operational decision-making and healthier profits

A natural gas is a natural gas is a natural gas, right?

Well, not exactly.

Nothing revolutionary here, but different gases serve different purposes and fetch different prices.

The latter part of that sentence is the focus of this post.

During times of significant price disparity between liquids and gas, it has become increasingly important for upstream oil and gas companies to sell NGLs and effectively manage the measurement, allocation, and reporting of them. There are many complex problems associated with NGLs, including quality analysis, complex allocations, and the fact that plant operating data used to determine daily liquids-to-gas breakdown isn’t available until weeks after the close of the month and is available only at the monthly level.