Easily Calculate Current Asset Values
Enertia Software provides comprehensive solutions for your upstream oil & gas asset management needs. DD&A can be calculated and reported at the lowest well level or at any other defined level, such as a field or area. Fixed assets accounting allows for work in process accounting that can generate the final asset via a process when it is complete.
DD&A Solutions
- Calculate, book and tax at different property levels
- DD&A UOP calculations can be done quarterly
- Allow for monthly, quarterly and/or annual processing
- Ability to import reserves and ongoing reserve updates
- Sales and write-offs done via process eliminating no manual entries
Fixed Assets Solutions
- Sub-ledger has yearly and monthly depreciation calculations
- Re-class assets between corps and types
- WIP process – gather invoices over period of time and make one asset
- Allow for monthly/quarterly/annual processing
- Sales and write-offs done via process (no manual entries)
Contact Enertia Software today to learn more.