ProCalc · Accounting
ProCalc Allocate
Allocation for both sides of the border.
What Allocate does
In Canada, Allocate is the middle step of Production Accounting: what each gas plant sold and lost is handed back to every inlet stream in proportion to what it brought, product by product, and the result goes to Submit. For a US producer it allocates daily, from run tickets, LACT readings and well tests. Both run on the same record as the meters, so an allocation can be traced back to the volume it came from and the edit that produced it.
Inside Allocate
Daily, from the field
Run tickets, LACT readings and well tests come in; oil, gas, water and NGL are allocated to wells every day. A month is the sum of its days, not a separate calculation.
Plant to inlet streams
What each plant sold and lost, residue gas and each NGL component, goes back to its inlet streams in proportion to what they brought. Every column sums upward: wells to stream, streams to plant. An analysis past its interval or a recovery factor outside the plant range is flagged before anything is filed.
Monthly, through the network
Model the facilities as they connect. Fuel, flare and shrinkage are taken where they happen, and what is left is allocated to the wells that delivered it.
The method you use
Proration, theoretical, actual-to-theoretical, or your own, configured per facility and product.
Rerun, and see what changed
Correct a volume in Validate and the allocation reruns. Prior-period adjustments are calculated, not hand-worked, and the difference is shown.
Starts from Balance
Nothing is allocated that has not been through the balance check. The tolerance that passed is on the record with the allocation.
Then Submit and Revenue Accounting
Allocated volumes go to Submit for Petrinex and on to Revenue Accounting, or export to the system you already use.
On its own, or end to end
Allocate reads the shared data lake, so it can improve this one process while everything else connects by API or file — or run as part of the whole chain. About the ProCalc platform.
What comes in
- Balanced volumes from Balance
- Run tickets, LACT readings and well tests
- Facility network and ownership
What goes out
- Plant volumes allocated to each inlet stream and well, by product
- Daily allocated volumes by well for US producers
- Into Submit and Revenue Accounting, or exported
Rather have us do it?
Our team runs Allocate for customers every month. You send the raw data; we deliver the finished result, and you keep web access to everything behind it.
Also in ProCalc Accounting
- Production AccountingThe Canadian close in four steps: prorate batteries to wells, allocate plants to inlet streams, split each share by delivery point, submit to Petrinex.
- Revenue AccountingWho owns each well, what its share is worth, and the statements that pay them: division of interest, value, distribute.
- CommitmentsYour marketing and purchase contracts against the month’s actual production. Coming soon.
- Financial AccountingThe general ledger for an oil and gas company. Easy to set up, easy to use, and every invoice one click from the P&L.
What customers say
All testimonialsWhen we experienced a change in staffing, we decided to explore new options for measurement record keeping. Cost savings were a priority, especially since our previous supplier required not only an annual fee but also a mandatory upgrade charge and a lengthy implementation process. I wasn’t heavily…
We are new business owners in the gas and oil industry and I cannot say enough great things about Critical Control and their team. We really enjoy the mobile app and the ability to scan in our charts and, even more importantly, to have production data at our fingertips. Our situation as a very…
The mobile chart scanning application on the phones is awesome. Late scanning and scanning errors are a thing of the past. All of my operators are thrilled with the ease of use and convenience of scanning the charts as they come off the readers.