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Industry · OIL & GAS OPERATORSFunction · Finance
UC-785

Classify Every Cost to the Right Pool

Sorts each cost into the pool that determines who pays for it, so joint, sole-risk and OMV-only spend never blur together.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

Costs arrive coded for the general ledger, not for the question of whose money it is. Joint account, sole risk and OMV-only costs sit in the same reports, so the number OMV can actually act on is never clean.

How It Works

  • The engine reads each cost with its AFE, its licence and its contract basis.
  • It classifies the cost into the pool that governs it and records the rule that made the call.
  • It publishes each pool separately and routes anything ambiguous to the finance business partner.

What It Removes

  • One report mixing joint and sole-risk cost
  • Whose money it is decided at reporting time
  • OMV-only spend invisible inside a licence total
Input Data RequirementsCost postings with AFE and licence coding, joint operating agreements, sole risk notices, contract terms, participating interest schedules.
Output FormatCost split by pool with the classifying rule shown, an ambiguous item queue, and a clean OMV-only view.
“Before I act on a number I need to know whose money it is.”
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