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Hosting Petroleum Engineering

Software for Production

(View PDF Version)

 

Efficiently Manage Your Production

 

Production Center, petroleum engineering software, allows operators to capture and manage daily field production information such as product volumes, gauge data, meter and tank information, and monthly sales. Production Center was designed to accommodate ease of data entry with the power and flexibility to handle the most complex allocations schemes.

 

Oil and gas production is captured from the field on a daily, weekly, or monthly basis through numerous input facilities and is archived within the Production Center. Production data is then available for well lease, performance analysis, monthly production accounting, engineering analysis, nominations or allocations. Production data is entered only once and then made available to users throughout the company via morning reports that reflect up to date information, thereby giving field and office teams simultaneous access to field data as it enters the database.

 

Production information is critical to an engineer’s understanding of well and reservoir characteristics. Managers and executives are in need of accurate, timely, and reliable daily production numbers to make decisions to run their business, and Production Center provides these benefits and many more.

 

Immediate, accurate net/gross Production Volumes

 

Filed data capture from SCADA, handhelds or direct entry into petroleum engineering software

 

Daily & Monthly Operational Reports

 

Analytical Reporting for trends and patterns

 

Solves complex Allocations issues

 

• Oil production software allows operators to gather and manage daily or monthly field production information, such as production volumes, gauge data, meter and tank information, and monthly sales.

 

• This petroleum engineering software is designed for user-friendly data entry with the power and flexibility to handle the most complex allocation schemes.

 

It maintains optimized, standard links to leading oil and gas accounting software. These links ensure that the production and accounting departments are kept in synchronization and that data is entered only once.

 

Production Center Functions

 

Data Collections - Allows entry of daily or monthly records either via handheld field data capture, SCADA, or entry directly into Production Center.

 

Non-Op Data Collections - Allows entry of oil, gas, and water data for non-operated properties.

 

Nominations - Predict product movements based on production volumes.

 

Daily & Monthly Allocations - Allocations can be completed by product to the Facility / Well / Completion / Reservoir levels depending on the company's data capture strategies. Provides a historical record for viewing & comparing previous allocations

 

Complex Multi-Tier Allocations - Distributes sales volumes based on production at the well and lease level.

 

Reports - This petroleum engineering software generates a variety of production, allocation & regulatory reports. For even greater flexibility, you can save reports as Microsoft Excel spreadsheets or Word documents. You can also build custom & analytical reports.

 

Charts & Graphs - An extensive array of professional and easy to use graphing and charting capabilities and graphs are provided for visualizing production performance of wells and the success of drilling operations, wellwork events can be graphed to visualize impact on production.

 

Well Potential Analysis - Periodically calculates the producing potential of both new and old wells by using well data, well swabbing data, well fluid levels, and other information.

 

Compressor Information - Important compressor operating data, such as temperatures, suction and discharge pressures, and an entire host of other pertinent pieces of operating data can easily be recorded and the data can be carefully analyzed for the purpose of improving compressor operating efficiency.

 

Division of Interest -The Software includes a DOI utility to import this ownership division of interest data from accounting and will be updated every night.

 

Import and Export - Import and export various operational and financial, & economic data from external sources.

 

Links to Leading Accounting Systems - Production Center transfers allocated volumes electronically to leading petroleum accounting software.