Managing tens of thousands of wells each month Midstream companies are faced each month with producing accurate volumes, correctly pricing orders and managing complex allocations to all their producing parties. Insuring each marketing deck is correct and that each parties gas is account for and scheduled correctly along with the challenges of accounting for cash-out's penalties and correct revenue when closing each months production.
TIES offers a way to collect all the data in one system to produce values to the penny and insure all parties contracts are being managed and revenue results are perfect.
By using TIES each group from marketing, contract administration, scheduling and accounting all have the correct data to make better discussions.
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