Product/Service

Well Management

Source: E.B. Archbald & Associates Inc.
SSI Accounting Systems Well Management Overview Developed, Marketed and Supported by E.B. Archbald & Associates, Inc.
SSI Accounting Systems Well Management Overview Developed, Marketed and Supported by E.B. Archbald & Associates, Inc.

The Well Management System is fully integrated to the General Accounting Modules (GL/AP/AR/PR/FA) and the Oil and Gas Subsidiary Modules (JIB/AFE/RP, etc.). Typically referred to as the Well Management Reporting System, the application controls the function of:

  • User-Defined Lifting Cost Code System for Oil and Gas Income and Expense Accounts/Phases.
  • User Defined Code System for Well Group Codes used in Multi-Tiered Well Analysis Sort/Select Hierarchy.
  • User-defined Code System for Date-Sensitive NoteBook Codes used in Well/Lease Notes and "Tickler File" System.
Oil and Gas Lifting Cost Standards Maintenance promotes Maximum System Flexibility by allowing Individual User to Create and Maintain Company-Specific Files/Tables for use with (described below):
  • Oil and Gas AFE/JIB/Well Management Categories
    State/County Specific Revenue-Associated Tax Descriptions/Percentages
    Production Code System for Production Reporting Module
  • 30 User-defined Oil and Gas Well Group Codes allow users to assign multiple group codes to wells that can be significantly exploited during Inclusion/Exclusion Selection Routines in the SSI Well Management/Analysis Module. These Group Codes are also used for sorting via the SSI Well Consolidation Module and are critical for Ad Hoc Reporting vi the SSIQ Query Module. (Consult the referenced Module Abstracts for detailed descriptions.)
  • Note Book Codes for Well Master, Well Management & SSIQ Operation that carry effective and closed dates for each Free-Form Code.
Click here for the complete overview document.

E.B. Archbald & Associates Inc., 6701 N. Broadway, #310, Oklahoma City, OK 73116. Tel: 405-840-4411; Fax: 405-840-7026.