Property Reporting

Petroware2000's property reporting includes the leading edge technology design for easy selection and screen pull of data. Fuller report range of property reporting, with user-defined Hierarchical levels, exclusive to the Petroware line of products. Roll-up reports to all wells on a lease (Lease Level), down to the individual well (Well Level) and clients can select to print all owners into the report (8/8's) or a single owner (owner) by all the owner's interest or by ANY type of interest (OR, RI or WI)!

"I never thought I needed all the reporting Petroware has. Now that I have these reports, I don't know how I ever lived without them!"
-Quote from a new Petroware2000 client

IBM DB2 database results in a variety of property reports given in any date structure desired, ie: transaction date, production date, input date, JIB/Revenue date, etc. Further example: Transaction date for the Accountants to see the property reporting based on general ledger cycle, Production date for the Engineers to see the service costs and revenue earned for the same month regardless of the input date. The result, finally all departments get the reports in the manner they need to get moving on projects!

Haven't you always needed to run a cost basis analysis for multiple interests acquired by an owner over the life of a well? Petroware'"s acquisition coding takes all the guess work out of running ALL or any additional acquired interest without special coding or additional owner set-up! That's only one of the ten new Hierarchical levels that Petroware provides!

Just a few of the features included in Property Reporting:

• Live owner balances 24/7 even before the JIB or Revenue is Printed!
• Live property balances for all charges and revenue for control of current period costs.
• Multiple level reporting with user-defined parameters in custom Hierarchical levels and most levels can be changed at will and still pull ALL historical data!
• Ability to email reports to field representative to show all current or past charges to property. Email the Vendor list to engineer for scheduling current insured listing.
• Property Cost Statement listing all billable expenses for any period, 8/8's or by owner with the well status check and DOI Status check prior to JIB run.
• Ability to correct property entries prior to JIB for cleaner billings.
• Property reports and JIBs with multi-line wrap detail. (Like a mini drilling or workover report!)
• Reports can be pulled for All, by Lease, by well and by any owner's share!

      Best viewed at 1024x768

©2003 Avatar Systems, Inc.