Oildex’s large network and data exchange automation technology help oil and gas professionals, their partners and owners to securely exchange data faster with less cost and higher accuracy.
The Complexities of Oil and Gas Data Exchange
Exorbitant amounts of data, millions of owners, strict distribution deadlines and disparate financial systems all contribute to significant time and money spent on tedious, repetitive, and time consuming manual data processing that can leave your accounting processes and business relations at risk.
Solving the Manual Process Problem
Oildex Data Exchange
Whether you send data, receive data, or both, Oildex Data Exchange solutions give you back time to perform high-value tasks that address your business goals and protect and improve your bottom line.
- Reliable, accurate data to reduce mistakes, correction delays, and reconciliation time
- Maintain better visibility into cash management and financial performance
- Access data anytime, anywhere
- Scalable process; grow business without adding headcount
Our Data Exchange Solutions
Automatically translate Revenue Check Detail into industry standard CDEX and customizable CSV electronic file formats to capture all check detail for direct upload into your accounting system. Exchange Check Stub details between Oil and Gas Operators, Royalty Owners and Partners.
JOINT INTEREST BILL (JIB)
Easily code, verify, and electronically upload your JIB statement into an existing accounting software system, allowing you to receive automatic translation into CSV and XML formats. Oildex uses COPAS coding to map JIB data for proper allocation and reporting, making it easy to exchange data between Oil & Gas Operators and Partners.
RUN TICKET AND RUN STATEMENT
Automatically translate production Run Tickets and Run Statements into industry standard CODE and customizable CSV electronic file formats. Producers can receive, verify, cross-reference and upload production information more efficiently and cost effectively into their accounting systems; allowing for easy exchange of Crude Oil Data between Oil and Gas Purchasers and Operators.
GAS PLANT STATEMENT
Improve your operational efficiency and gain better visibility into gas plant revenue with Oildex’s Gas Plant Statement solution. Automatically translate Gas Plant Statements into industry standard GPEX XML, CSV or XLS electronic file formats for secure and seamless integration into your accounting system. Increase visibility into operations with automatic import of component level detail and mole percentage. Oildex makes it easy to exchange Gas Plant Data between Processors and Producers.
Gas Balancing Statements are accessible via our Gas Balancing Exchange as well as the Operator’s Owner Relations page. Customize your exports for analysis or upload into your accounting software. Enhanced functionality, management tools, and reports are coming soon as part of the upgraded Gas Balancing Management System (GBMS). Oildex’s Statement Preparation services translate and publish Operator-provided data into branded Gas Balancing Statements.
DOCUMENT CONVERSION SERVICES
Doing business with data providers outside the Oildex Network? Simply scan your paper statements and upload them using our sFTP or check entry site and we’ll convert them into properly formatted electronic files – ready for quick upload into your accounting system.
Want to distribute your data electronically?
Join the Oildex network of senders and securely distribute financial data faster, with less cost and higher accuracy.