Software to manage the entire gas marketing lifecycle, including contracts, nominations, scheduling and accounting
Quorum Gas Marketing is a software solution designed for companies to manage buying and selling natural gas, and arranging for transportation and storage from supply source to point of sale, as well as:
- Physical gas marketing to support all types of purchase / sale at any point and transportation and / or storage from point of supply to market
- Automated real-time purchase / sale position by pipeline (electronic whiteboard) - critical information for marketers and schedulers
- Financial hedging and mark to market
Quorum Gas Marketing |
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Input Data
- Price indexes
- Measurement / SCADA
- Pipeline allocation
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Information Managed
- Deal capture (all types)
- Counterparties
- Contracts (supply, sale, transportation, storage)
- Location, meter, point, etc.
- Pipeline rates
- Nominations
- Allocations
- Imbalance & inventory accounts
- Credit limits
- DOI & WH marketing arrangements
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Processes
- Positions (by pipeline / point)
- Contract administration
- Scheduling
- Nomination
- Estimates, actuals, imbalance management
- Settlement, invoice, pay statement, cash-out
- PPAs
- Hedging
- Supply forecasting
- Payable matching
- WASP / WACOG / Netback calculation
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Deliverables
- Invoice / payment statement to customer
- Credit watch reports
- Alerts & notifications
- Entitlement letters
- Deal confirmation creation
- Gross margin reporting
- Regulatory reporting
- Pre-configured reports
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Output Data
- Ad-hoc inquiries
- Journal entries (GL)
- Other ERP system integration
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Why Quorum Gas Marketing?
- Physical gas management attributes - source gas at any receipt point; transport on any pipeline; utilize storage; sell gas at any delivery point
- Automated real-time purchase / sale position by pipeline (electronic whiteboard) - critical information for marketers and schedulers
- Integrity of design ensures control compliance and support for audit
- Support for variety of pre-configured and ad-hoc reports, as well as business intelligence
- Support for integration into other relevant enterprise systems including general ledger (GL)
- A component of Quorum's enterprise wide energy software solution portfolio - can be deployed stand-alone or integrated with other enterprise solutions
Quorum Gas Marketing is used by
various industry participants (large and small) in several sectors across the oil and gas, renewable energy and natural resource value chain.
Gas marketing is a key function of the
Marketing Management business process. Quorum provides other software solutions to support this and
other related business processes.
Contact Quorum Business Solutions to learn more about the Quorum Gas Marketing software solution.