Hydrocarbon Allocation Reconciliation demo
Allocation moves explained band by band, from the sales meter back to each well and owner, before production accountants release statements. 1:24
What the demo shows
Explains allocation variances against meters, tests and contracts, for production accountants.
Agents read every ticket, test, note and work order, check each test against the well's history and the agreement, and explain each band that moved. The allocation engine stays the calculator: an accountant decides and reruns it, a manager checks, and the tract that gives up barrels can object.
Transcript
- Hydrocarbon Allocation Reconciliation explains why allocated barrels move for production accountants.
- One bad test can shift money between owners.
- The flow split takes October's barrels back to 86 wells and owners.
- This band grew 21%, the meter red gas, and the round found a valve not seeding.
- That test moved 645 barrels, $45,150 between owners.
- Sana sets it aside with a reason.
- The engine reruns. Agents change no figure.
- Ramiro, who did not decide it, opens the run and the meter record, then countersigns.
- Haverlund gives barrels back, so its representative opens the meter record, the round note and the work order, and signs.
- Who opened what goes on the audit trail.
- The band narrows 645 barrels back.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.