ProductsAccounting AFE Worfklow

AFE Workflow

AFE Management. Simplified. Integrated. Mobile-ized.

$1,200+

estimated savings per AFE

357%

Average 1st Year ROI

“This makes our process more standardized, and keeps us in line with the company standards. It’s really helpful.” Manager - Project Management, $20B E&P in OKC

“I just wanted to let you know how much I love this feature! Having had the experience in SAP of having to set each “child” AFE up individually and then do the grouping, this is really a time saver” Tech Lead - Production Services, $20B Leading E&P

“This removes a lot of the duplicate entries and manual work, that we are doing to maintain AFEs across multiple systems.” Director - Production Services, $20B E&P in OKC

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A user-friendly web and mobile based tool to create, manage, monitor, analyze and approve AFEs and with built-in cross-system integration and analytics.

Use this robust, intuitive application to optimize your current AFE Life Cycle Management Process via superior workflow capabilities, ongoing reporting and alerts notifications as well as integration with your Economics & Reserves, Accounting, ERP, Invoicing and Well Management Systems.

Business Benefits

  • Automated AFE management & rapid approvals enable quicker projects from start to completion
  • Realize immediate ROI by executing Drilling / Workover programs faster
  • AFE Mobile App - do reviews and approvals on-the-go!
  • Seamless integration to Well Operations and Accounting systems - keeps AFE data fully synchronized
  • Track AFE variances and supplement needs with unprecendented ease!

Simplified AFE Creation & Approval Process

  • Easy AFE Creation Wizard and templatized forms for accounting code-wise estimates
  • Approve or reject AFEs on the web or on-the-go using our AFE mobile app
  • Electronic auditing trail for AFE approvals and status changes

Automated Systems Integration, Powerful Alerts & Analytics Capabilities

  • Seamless data integration with 3rd party systems
  • Alerts delivered to mobile phones, tablets, and also on the web application
  • Mobile and web dashboards for rich, interactive access to AFE metrics

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