As hydrocarbon accounting is a fundamental offering in Energy Components solutions, we offer extensive support for all aspects of production management in our specialised product EC Production.
The Energy Components (EC) product suite offers unprecedented support for the whole upstream value chain, including onshore and offshore operations, with dedicated support for production operations, terminals, gas plants, LNG facilities, and more. The EC Production module covers the functionality required by upstream organisations for production management, allocation and reporting. It is relevant both for own and partner-operated assets.
Director of Sales, Oil & Gas Industry
Unprecedented, dedicated support throughout the whole value chain.
One solution to manage everything, both for own- and partner-operated assets.
Our fully integrated solutions share the same underlying database.
Automatically acquire data from DCS, data historians and other sources; record all data required for daily production and deferment events; and create reports.
Perform comprehensive validation and quality control on all data, plus emission reporting and environmental accounting.
Calculate key performance indicators and estimate individual well rates based on a range of methods, with full support to intelligent wells.
Allocate each phase back to individual wells and completions; sales products back to individual wells and completions; and production down to reservoir zones.
Manage chemical usage and inventories and handle inventory management including volumetric calculations.
Create full ownership allocation, production allowances, forecasts, targets and potentials while using a systematic approach to production downtime/deferments based on industry standard principles.