EnergyCONNECT

The price of oil is volatile but the accuracy of your project costs should not be. Resource Energy Solutions' Authorization for Expenditure (AFE) Manager is designed to streamline budget creation, and facilitate cost tracking and expenditure approvals. AFEs can be generated quickly by using standardized drop-down menus, copy and pasting from spreadsheets, and linking electronic supporting documents. With AFE Manager's ability to adapt spending authorization to your company's hierarchical structure, protect yourself from cost overruns and unauthorized spending. Easily manage information for joint operating ventures. Wellman integrates with AFE Manager, combining to form an end-to-end system covering all the activities of in-field cost tracking, budgeting, and expenditure authorization procedures during the entire life cycle of the project. It helps identify bottlenecks and gives management the information needed to take action quickly.

What Defines a True Mobile Oilfield Management Solution? Detechtion Technologies’ Fieldlink ™ for Mobile Oilfield Management provides the oil and gas industry with flexibility, standardization and innovation. Through digital transformation, both operational and capital efficiencies are increasing. What Are the Challenges? In today’s COVID-19 world, having a field management system that addresses Time-to-Value is crucial in balancing a customer’s specific requirements with rapid deployment and lower implementation costs. Oil and gas companies are in the process of modernizing their OT and IT infrastructure to manage and reduce Lease Operating Costs LOE. However, need the deep domain experience and technical expertise to implement across their organization. Small to medium size Independents need Digital Oilfield Managed solutions that allow them to maximize asset performance and value throughout the production life cycle by integrating technology, information, processes and people.