Pinnacle Software has continually monitored
the inefficient processes that plague the petroleum industry. We discovered that valuable time
and effort has been spent preparing state specific and MMS monthly reports. In an effort to correct
these problems, Pinnacle Software developed the Production Reporting System, which eliminates these
time consuming processes while increasing accuracy and consistency.
Automatic reporting to state agencies.
Track job information (failure and cost data).
Integrated plotting facilities with forecasting features.
Allocates production based on sales and well test information.
Maintains a comprehensive ODBC-compliant database of all operated and non-operated properties.
Calculates days on based on well status entries entered throughout the month.
Calculates monthly production by well based on days on and well tests entered throughout the month.
Validates run tickets by calculating adjusted gravities and using volume correction factors
Calculates tank battery monthly production and sales based on beginning and
ending inventories, tank gauges, tank shipments and LACT readings.
Calculates monthly lease and MMS agreement production totals.
Provides a central,
standardized data collection point for all production information.