Gas Balancing Statements

Are your paper gas balancing statements piling up, waiting for someone to take the time to manually enter them? Oildex’s gas balancing exchange, GRADE, delivers electronic statements for faster visibility into your revenue data.

Gas Balancing

Oildex’s Gas Balancing exchange provides fast access to gas balancing statements. With Gas Balancing exchange, operators receive, verify, cross-reference and upload their information electronically, saving time & money.

Gas Balancing uses the industry’s trusted GRADE standard that provides businesses with the ability to import gas balancing data into their accounting or ERP system. Companies can also download data directly into a spreadsheet.

Improved Operational Efficiency

With Oildex, revenue accounting can eliminate the need for time-consuming, manual, paper-based processing. Additional benefits of handling gas balancing data through Oildex include:

  • Simplified data entry by eliminating hand keying
  • Ensured coding consistency from month-to-month
  • Fast access gas balancing information
  • Minimal IT resources

Features and Functionality

  • SSAE 16 SOC 1 Type II compliance for enhanced security of your data
  • Post gas balancing detail to the Oildex Owner Relations Connect portal

Learn how you can leverage Oildex’s gas balancing for faster visibility into your revenue data.