Yes. Our team acts as an extension of your organization by reviewing and interpreting complex midstream contracts to ensure accurate system configuration. We bridge the gap between legal documentation and revenue accounting, ensuring that all terms are correctly reflected in your settlement systems from the outset.
Our team specializes in managing a wide range of complex midstream agreements, including Gathering and Transportation agreements, Percentage of Proceeds (POP) settlements, and wellhead purchase contracts. Beyond standard agreements, we manage sophisticated commercial terms, including tiered pricing, escalations, and various conditional fees or penalties.
Our accounting professionals possess deep functional expertise in industry-standard software, including Quorum TIPS and W Energy. In addition to these core platforms, our team maintains proficiency in a variety of other bespoke settlement forms and reporting systems to ensure seamless integration with your current infrastructure.
We offer comprehensive allocation management to ensure accuracy across the entire midstream value chain. Our capabilities begin with foundational support, including Initial Allocation Group setup, Pre-Determined Allocation (PDA) configuration, and Master Meter Allocation (MMA) setup. We also handle complex technical processing, such as component-level allocations and multi-tier allocations designed to settle volumes across Central Delivery Points (CDPs) or intermediate meters down to the wellhead. Furthermore, our team tracks individual NGL products across the allocation system, manages offload volumes, reconciles actual and fixed fuels, and performs full system balancing.
Yes. We manage the end-to-end imbalance process for our clients. This includes performing the precise imbalance calculations required for accuracy as well as managing the financial cashouts necessary to finalize the settlement period.
