UC-015
JV / OpCom Decision & Concurrence Log
Records every concurrence, qualification, dissent and cash-call decision with its evidence basis, named SME sign-off and date.
8-14Build Duration
2-16xIndicative ROI
The Challenge
Non-operating partners must concur on every well, AFE and cost variance with very few in-house SMEs. No structured record of the evidence behind each decision leaves regulatory, investor and JOA exposure.
How It Works
- Captures AFE packs, well proposals, risk registers and offset well histories.
- Stores every concurrence, dissent or qualified approval with evidence, approver and date.
- Produces an auditable decision record defensible to JOA partners and market disclosure.
What It Removes
- Concurrences with no recorded evidence basis
- Reconstructing past decisions from email threads
- Unattributed sign-off on wells and AFEs
Input Data RequirementsAFE packs, well proposals, risk registers, offset well histories, concurrence and dissent records
Output FormatAuditable concurrence log and decision record for JOA partners and auditors
“When a partner or auditor asks why we agreed to that well, the evidence and the approver are already on record.”