Drilling project accounting simplified!

  • Comparison for estimate to actual expenses at summary / detail level
  • Flexibility of AFE report format allows unlimited number of expense categories and lines of description
  • Estimated expenses on AFE compared to actual costs at both dry hole and completed well level
  • All AFE reports show expenses by current month and inception-to-date
  • Budget variances from actual on dry hole and completed well by expense category
  • Property is not limited to one AFE
  • Used for non-operated and operated properties to monitor your share of expenses
  • Reports separate and subtotal expense categories by leasehold, tangible and intangible costs
  • AFE maintenance gives user options to close AFE to prevent further charges
  • AFE type allows user to select predefined expense categories by type