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QUORUM PRODUCTS
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products:

Quorum Production & Revenue Accounting

Product Overview

  • Fully integrated accounting software application that provides a comprehensive solution to the complexities surrounding production and revenue accounting for upstream energy operations
  • This .NET based solution provides management of ownership, contracts, and volumes in addition to the core functions of production and revenue processing

Specific Benefits

  • Single point of data entry ensures data accuracy and integrity
  • Flexible and scalable architectural design allows the system to grow with the organization

Key Functionality

  • Accurately compute and analyze values, taxes, fee, and other deductions
  • Comprehensive land and contract administration
  • Production and sales volume allocation
  • Comprehensive MMS volumetric, royalty, and tax reporting capabilities
  • Monthly tracking and reporting of gas imbalances at the well/completion/owner level

 

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