EnergySteward.com includes an ability to automatically store, calculate, and process oil run tickets. These oil run tickets can either be pre calculated (adjusted for API temperature and gravity prior to import into EnergySteward.com) OR EnergySteward.com can be configured to automatically calculate gross and net barrels (adjusting for API gravity and temperature) during the import/validation process.
The following illustrates the high level processing that EnergySteward.com automatically performs on oil run tickets.
| 1. | Automatic electronic import of oil run tickets (pre and/or post net calculated tickets). |
| 2. | Handles tanks and/or meter run tickets. |
| 3. | Extensive validations to ensure that lease, tanks/meters and delivery injection points exist at time of import. |
| 4. | Options to automatically process/post ticket volumes to underlying deals, which: |
| • | Applies Net Calculated Volumes to Receipt Points (Leases) |
| • | Transports Receipt Volumes to Delivery Injection Points (on a contract routes) |
| • | Delivers Transported Volumes off Delivery Injection Points |
| 5. | Automatic Calculations Based on EnergySteward.com Contract Formulas |
| 6. | Transportation Invoice and Crude Transport Statement Generation |
