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Flexible Allocation Schemes

• Allocations are setup and managed by a Production Analyst; each Production Analyst can manage their properties/areas independently of other Production Analysts.

•Facilitiesdefineallocationpointstowhichwells,tanks,lactmetersandotherallocationdataissetup.

•Theallocationsystemprovidesforuser-definedproductsanddispositionstoaccommodatecomplexallocationandregulatoryreportingrequirements.Anyproductanddisposition(sales,productionorinjection)canbeenteredtoandallocatedfromafacilityorenteredatawelllevel.

• Allocations are based on theoretical volumes; theoretical volumes are calculated for each day in the periodbasedoneachwelltestanddowntimeentered.

•SpecialWellAllocationallowsyoutooverridethesystemallocationprocesswithadefinedpercentageorvolumeforawellbyproductanddisposition.

• Allocation process can be run for all facilities or selected facilities for a Production Analyst for a period orrangeofperiods.Afterallocationprocessisrun,nochangescanbemadetofilesusedbyallocationuntilreversalprocessisrun.Facilitiesmustbereversed,changesmadeandallocationrunagain.Thisensuresthatfilesusedforallocationareinsyncwithallocateddata.

•RunandLACTticketsareautomaticallyadjustedfortemperature,gravityandbs&w.

•EPAcanusepricingsetupinRevenuetopriceindividualsalesticketsforpurchasedvolumes.

• Multi-tier oil sales allocations for LACT facilities.

Energy Production AccountingExcalibur

Excalibur’s Energy Production Accounting (EPA) module is a monthly production allocation system used to manage operated wells. Monthly transactional data including sales, production, well test and well downtime are used in the allocation process to create well history detail for each production period. Monthly transactional data can be manually entered or uploaded via Excalibur Data Interchange.

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Energy Production AccountingExcalibur

Inventoried Product Allocations

•Managesthecomplexityoftrackinginventoriesatalease,tankandwelllevel.

•Tanksalesarecalculatedandallocatedbacktowellsusingthefirst-in-first-outmethod.

•Effective-datedtankstrappingscanusefractionalordecimaltables.

System Integration

•AllocatedwelldataisusedbytheProductionRegulatoryReporting(PRR)andStateTaxReporting(STR) modules.

•AllocatedwelldataalsointegrateswiththeResponsibilityReportingandPropertyAnalysismodulesforLOS and other reporting.

• “Create Well Sales History” process compares allocated EPA to allocated Revenue sales volumes.

•“CreateSalesAllocations”processcreatessalesallocationpercentagesbywellbyproductforRevenue.

•TheEPAmodulecanalsobeusedwithOilFirstPurchasertocreateGeneralSalesLedgeritemsforRevenue.

•TheGasAccountingmodulecanupdateEPAwithmeasuredorallocatedproductvolumes.

•TheEPAmoduleisalsotightlyintegratedwithourDailyProductionmodule,whichprovidesfordailyallocated production data.

•TheEPA/DPintegrationmaximizessingle-pointdataentry.

3rd Party Integration

•Pre-definedExcaliburDataInterchange(EDI)jobsbringineitherallocated(allocatedwellproduction)orunallocated(sales,production,gauges,welltestanddowntime)datafrom3rdpartysystemsincludingIHSFieldDirect,MerrickProCount,PRAMSandProductionAccess.

•MonthlyallocatedproductiondatacanalsobeintegratedwithourAccess-basedEngineeringInterfaceapplication using uniODBC.

Reporting

•Extensivereportingforsetup,transactionalandallocateddata,including:

◦ Operator’sMonthlyReportforOwners ◦ Multi-Well Facility Percentage Report for Purchasers

◦ Comparison of EPA to Revenue allocated sales volumes