Ongoing technical and financial decisions require continuous access to all this information. However, existing process of locating, selecting, viewing, accessing, evaluating and tracking production, disposal and sales information from the various sources is tedious and inefficient, resulting in inadequate well surveillance and slower response time. Because of highly fluctuating oil and gas prices, shrinking profit margins and limited resources, competitive advantage is being lost by staying with conventional systems based on fragmented and disparate systems. You can maximize the value of your time and stay competitive by taking advantage of new technologies to find and access production and sales data when needed.
New technologies enable a shift from manual processes to more automated ones.
With the Petrotrek Production Records module, you can now have timely and easy access to all available production and sales related information residing in the various databases throughout the company. It enables effective monitoring of wells and provides the flexibility to be more pro-active in optimizing the production, cash flow and the economic performance of wells. The PetroTrek Production Records module enables you to respond effectively to changing conditions by making more informed and timely technical and business decisions. Field personnel and office staff can access internal and external databases that contain oil, gas and water production, sales, disposal and injection information. In addition, there is the opportunity to interactively determine which data you have available and where it is located.