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Accounting/Financial Management
Crude Oil Marketing
Land Management
CDEX
Production Management
Geographic Interface
Gas Marketing/Control
Inventory
Payroll
Engineering Interface
Accounts Payable
Accounts Receivable
Authorization for Expenditures
Budgeting
Depletion(Cost and Statutory)
Depreciation
FinancialReportWriters
General Ledger
Joint Interest Billing
Partnership Accounting
Property Report Writers
Revenue Accounting
Revenue Accurals

 

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Crude Oil Marketing

With our Crude Oil First Marketing Software, buyers can facilitate the entire process of purchasing and tracking oil purchases. Our software reduces paperwork and speeds the purchasing process by maintaining both operational and transportation data.

Oil First Purchaser quickly generates the ticket entries and run entries required for managers to know the status of their purchases. The flexible system can calculate contractual data and final invoices based on either meter tickets or run entries.

Oil First Purchaser produces the checks required to complete the purchase because it is linked to our Accounting software.

This software:
  • Utilizes both ticket entries and run entries to obtain data.
  • Allows for entry of major oil buyer price postings or company price postings
  • Calculates prices based on the contracts
  • Computes values based on contractual obligations
  • Generates transaction statements for owners to track purchases
  • Delivers reports required by regulators
  • Provides all required data reports needed for driver payroll information
  • Allows for revenue distribution through our Accounting software










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