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Production Accounting

 

Efficiently manage your production accounting and allocations requirements with this innovative system - from simple to the most complex properties.

Entero® ONE Production Accounting provides your team with a shared software environment for monthly and daily allocations, mid-streaming, and production and revenue accounting.

Create your infrastructure once, as a true representation of your physical reality, then utilize for monthly and/or daily allocations, mid-streaming, and revenue and/or production accounting. You can click on any point in that infrastructure to provide comprehensive information on all your components, owners, and associated flows. Task performance is securely administered through a workflow control panel which details each team's required tasks, tracks progress for each item, flags any non-compliance, and records who completed the task.

Online Position View

Tracks every flow and provides online visibility of detailed well/ownership splits at every location in the infrastructure. This makes analysis and auditing much simpler than other Production Accounting systems.

Entero® LiveLook Schematic

A real-time graphical view of your physical infrastructure is fully integrated into the system. You can click on any point in the schematic and immediately access all data associated with that location. This graphical display is the fastest way to detect setup issues and train new staff.

Workflow Driven

PA provides a step-by-step workflow that is customizable by property. Each task defines the action required and tracks who completed it and when it was completed. Workflow is a powerful administrative control and training tool.

Security

User security is customizable to the standards of your business. Security is also fully integrated into our workflow to enforce appropriate separation of duties.

Allocations

  • Daily and/or monthly allocations on the same infrastructure
  • Allocate by specific areas – and/or the entire property
  • Complex prioritized deeming by source, owner, component, and many other dimensions

Facility balancing

  • Showing all dimensions including components, ownership and source at any point in the infrastructure
The Entero ONE live schematic provides visual, interactive “drill down” capabilities to view activity and performance information for each data point at that location.

Mid-streaming

  • Price, rate, fees, tariffs on any flow
  • Fully automated invoicing and accounting for monthly plant accounting

Amendment

  • Automated roll forward of fixed data
  • Create and keep amendment reports

Configurable royalty engine

  • Not hard coded, easy to update when change is required
  • Crown, Freehold, GORR, TIK, and Indian

Entero’s Reporting Wizard

  • Create your own reports using our embedded reporting tool
  • Simple and/or complex – access given to every user and/or secured users

Field Data Capture

  • Entero’s own (in development) or interface to existing FDC