Description

No need for software installation (web-interface)
Access rights differentiation depending on position (job title) or department, option for delegating
Complex licensing options
Integration with corporate data sources


KEY FUNCTIONALITIES
Production Levels
Forecasting production rates of oil, gas and condensate with optional calculation algorithms
Planning well actions (scheduling various geological and technical operations)
Storage of approved production plans
Reserves
Planning changes in HC reserves / resources in connection with exploration program
Tracking and monitoring actual changes of HC reserves / resources based on results of exploration operations / interim reserves assessment and actual HC production
Licenses
Storage of complete information on licensing, including scanned copies of documents
Control over fulfillment of licensing obligations
GIS and mapping (license boundaries, fields, exploration areas, etc.)
Exploration Program
Planning exploration programs with option for storing different versions
Monitoring completed exploration operations in terms of scope of work, financial obligations and funding (planned vs. actual figures)
Tying license risks to planned exploration operations and contracts
Contracts
Input and storage of initial data, including scanned copies of documents
Contract monitoring (technical performance and budget allocations)
Compliance control with approved exploration programs