PetroTrek® for Joint Ventures delivers precise functionality and collaboration for operators and joint interest partners. The solution significantly decreases the time required to make joint business decisions by connecting all stakeholders with the data and documents they need in one secure location.
Delivered through an extranet portal or on the Internet, PetroTrek for Joint Ventures supports all stakeholders, including operators, non-operators and government agencies. By facilitating communication between partners PetroTrek for Joint Ventures improves time-to-market for oil and gas assets, dramatically reduces regulatory compliance costs, and speeds the drilling of new wells.
Secure and Easy Collaboration.
Quickly assess joint operations, store and share crucial documents and data with joint venture partners, all from one secure location. With PetroTrek for Joint Ventures, you can manage and track:
- Approvals for Expenditure
- Drilling Permits
- Completion & Workover reports
- Joint Interest billings
- Electric and mud logs
- Daily and cumulative production
- Well tests
- Government agency reports
PetroTrek gives you one place to safely store all your data and documents on an ongoing basis and throughout the asset life-cycle, providing safe and easy access for operator, non-operators, vendors, suppliers and consultants.
Map, View and Forecast
With PetroTrek you and your partners can easily visualize key data. Get the big picture with a full-featured interactive GIS map where you can drill-down to wells of interest to view production bubble plots and pull up associated well files. Chart daily, monthly and cumulative production and forecast using interactive graphing tools. Display electronic and mud logs with easy-to-use log viewers, all safely accessible for you and the partners you choose.
Cut Costs and Improve NPV
PetroTrek for Joint Ventures eliminates the need to fax, email, or physically mail documents each day to non-operators. By connecting partners directly with the source information, time and resources dedicated to manually faxing or mailing are significantly reduced enabling operators to be more productive. Large files (50 MB), such as exploitation studies and reservoir analysis, can be easily shared eliminating the need to mail physical media. And with faster partner decisions due to easy access to critical information in one place, operators improve their net present value.
