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What can TIES do for a Processor

  • Reference Data
  • Contract Administration
  • Plant estimate Allocation
  • Multiple Plant Model
  • Mohtly & Daily Allocation
  • Meter Volume Interface
  • Accounting & GL Interface
  • Settlement Statements
  • Pricing Interface
  • Percent of Proceeds
  • Fixed Recovery
  • Automated Theoreticals
  • What if optimizations
  • Auditing
  • Fast Loading Wizards
  • Reporting & Dashboards
  • Value Delivered

Improve internal processing and timelines for allocations 

Your Challenge:

Every month gas processors have to gathering and account for all their gas and account for all the complex allocations and pricing associated with all their producers.

Our Solution:

TIES automates the calculation of complex processing options - with all the relevant data (e.g. price, quality, volume) being fed directly into the system.

Value Delivered:

By using TIES companies can calculate plant statements as many times during the month to estimate cost before actual settlements.

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Ensure processing revenues are correct

Your Challenge:

Validating processing payments against thousands of meter statements

A producer may have more than 10,000 meters and receive multiple plant statements for each meter every month. The work required to verify every processing payment by linking each contract to each meter and the volumes that each processor has allocated to the producer, requires huge manual effort.

Our Solution:

Ensure processing revenues are correct

With TIES you can load all your processing contracts into TIES and map them to the meters that are covered under each. This enables producers to get an accurate forecast of what volume and value should be at each meter so that you can verify if the payments you've received are accurate or not. And the system will generate reports to support discussions with processors around incorrect payments or other operational issues.

Value Delivered:

With our solution you have the tools to ensure your processing revenues are correct.

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Apply alerts and events to analyze contract options

Your Challenge:

Accurately modeling processing options

In reviewing their processing agreements as contracts come up for renewal, producers need to accurately model many different factors (e.g. qualities, volume, prices, forward curves) in multiple scenarios to understand how to best structure their contract options. This is largely done manually today which is inefficient.

Our Solution:

Leverage scenario analyzes in contract option negotiations

Producers can load processing agreements into TIES and the solution will calculate the best options based on volume, quality and prices, using the data already loaded in the system for the management of producer services. By moving away from the manual analysis of contracts options, you can quickly run multiple what/if analysis to develop more granular intelligence.

Value Delivered:

This equips you with the information you need to negotiate the most favorable contract options.

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Collecting all the correct data

Your Challenge:

Collecting all the appropriate information to process your gas.

Do you struggle with gathering your wellhead meter volumes, gathering that gas to the plant, and accounting for all the dispositions, including, NGLs, residue, return to lease, and plant use.

Our Solution:

TIES gathers all this important information in one integrated systems, which automates this processes producing accurate plant statements.

Value Delivered:

Allows your accounting team to be ahead of the month and value what you can expect for end of month revenues.

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