PakEnergy

PakEnergy software handles daily accounting procedures with specific modules for oil & gas. Its integrated financial management tools include general ledger, check stub entry, and financial and production reporting.

Video Overview

Key Features & Modules

PakEnergy’s modular architecture allows operators, purchasers, and service companies to build a system that aligns with their specific workflows:

CDEX Data Exchange

• Automation: Automates data entry from check stubs, reducing errors.
• Efficiency: Accelerates data processing and includes error-checking features.

Check Stub Entry

• Payment Tracking: Ensures receipt and accuracy of payments from purchasers.
• Data Integration: Compatible with CDEX for automated data entry.
• Comprehensive Reporting: Includes historical reports and payment tracking.

Joint Interest Billing (JIB)

• Integrated Accounting: Combines with revenue disbursement modules for a complete system.
• Customization: Features over 100 lines of description for entries, restart capabilities, and detailed reporting.
• Investor Management: Includes invoice generation and payment tracking.

Land Management

• Lease Tracking: Manages critical land and lease information.
• Comprehensive Database: Detailed lease and prospect information management.
• Integration: Connects with other PakEnergy modules for financial overviews.

Production Reporting

• State Compliance: Facilitates the generation of required state reports.
• Historical Data: Features a graph generator for visualizing up to 30 years of production history.
• Data Integration: Links with other PakEnergy modules for comprehensive analysis.

Revenue Distribution

• Financial System Integration: Combines with JIB for a holistic accounting solution.
• Owner Management: Automates general ledger entries and checks disbursement for multiple owners.
• Suspense Management: Handles legal suspense and petty suspense with detailed reporting options.

Production

• Field Data Capture: Capture quality data from the field, including pump by exception.
• Production Tracking: Monitor and analyze production targets for key metrics like gravity scale adjustments, tank strapping, and product price indices. Also, conduct well tests and run ticket management.