Hydrocarbon accounting for the global energy industry
Axis Production is a comprehensive solution for production data management. It includes functionality to capture and allocate production volumes to fields, wells and JV partners and is also used for well tests, samples, production planning and production losses.
Axis takes in raw measurement data and transforms it into definitive statements of production that can be distributed to government, partners and internal consumers.
Axis Production provides standard functionality for managing the entire allocation process, and can also be tailored to include requirements specific to an installation. The standard functionality includes automated and manual data load, data validation, mismeasurement correction, approval and allocation.
A number of standard allocation methods are provided and customised methods can be implemented using the Axis calculation engine. Well tests are captured and processed, then reviewed and approved for use in allocation. Well curves based on multi-rate well tests or well simulation models may also be used.
The key to building and maintaining confidence in allocation results is data integrity. This means ensuring that data is carefully validated before it is used and that subsequent updates are strictly controlled. Axis includes a comprehensive yet easy-to-use set of functions that ensure data integrity is maintained securely and efficiently.