Many oil and gas companies lose thousands of dollars regularly due to the challenge of managing, tracking, and sustaining site-wide accounting data. Contributing to this is the standard activity of calculating mass balances at the end of the month, creating a delay in trouble shooting issues. What if you were able to more frequently reconcile your process unit data, allowing you to spot issues in near real-time to take correction action immediately? Now you can with the Process Unit Data Reconciliation Monitor in Visual MESA® Production Accounting.
The calculations performed by this module build a comprehensive mass balance reconciliation system for closing hourly/daily individual process unit mass balances to provide a single version of truth.