Applications

The information needs of today’s energy enterprises are complex and voluminous. Added to this complexity are the regulatory burdens placed on these companies. The SSI Energy Management System is a highly reliable, robust and integrated series of applications developed for energy related enterprises. The applications were specifically designed for Operators, Non-Operators, Royalty Owners, Drilling Companies, Supply Companies, and Service Companies. The products are designed to provide a flexible, scalable and full-featured energy management solution. The SSI System maximizes user flexibility and scalability, and allows straightforward integration with other applications. Our goal is Making Your Job Easier.

The General Ledger is the foundation of any good accounting system. The SSI General Ledger offers more than just the ability to process your daily entries; it functions as a financial information system. The module combines power and flexibility with ease of use, to give you the critical information you need to make timely and informed business decisions and manage your business more effectively. The SSI General Ledger module provides the information you need quickly. It puts you in firm control of your business by giving you quick access to mission-critical financial data. This allows you to improve your financial control over the organization, speed up decision making, and lower costs. Our goal is Making Your Job Easier.

The SSI Accounts Payable module helps you save time, reduce administrative costs and gain better control over your business processes by automating a wide range of vendor-related tasks. It is a key component of the SSI Energy Management System, a highly reliable, robust and integrated series of business applications that delivers a flexible, scalable and full featured total energy management solution. In addition to providing maximum flexibility, the system gives you fast, easy access to the information you need for day-to-day tasks and period-end processing, including vendor statistics, aging and transaction information. Accounts Payable simplifies voucher entry by automatically calculating sales taxes, discounts and due dates, as well as by defaulting general ledger accounts, payment terms and 1099 information. Because you can set up recurring vouchers, you’ll save time and maximize productivity by eliminating duplicate work each month. Simplified period-end processing can further improve your productivity. Our goal is Making Your Job Easier.

The SSI Accounts Receivable module helps you improve cash flow while enhancing customer service through more effective management of your entire collections process. It is a key component of SSI Energy Management Systems, a highly reliable, robust and integrated series of business applications that delivers a flexible, scalable and full-featured total energy management solution. Accounts Receivable gives you the power of automation to speed up and streamline every step in your collection efforts, from invoice entry to the recording of payments. The system automatically calculates sales taxes, discounts, commissions and due dates, and automatically distributes invoice amounts to the appropriate General Ledger account. During payment application, the module lets you automatically apply cash receipts to open invoices. You wil improve your collection efforts and cash flow because Accounts Receivable lets you monitor your customer accounts with a whole new level of timeliness and efficiency. With just a few clicks of the mouse, you can access up-to-the-minute statistical summaries, as well as summarized or detailed transaction listings, and generate in-depth management reports. Our goal is Making Your Job Easier.

Payroll accuracy and efficiency are critical to individual employees, company bottom lines, and government agencies. You need the control to process your payroll accurately and quickly every time. SSI Payroll is fully integrated with the SSI General Ledger, so you enter data just once and instantly share it with the entire system for maximum efficiency. Benefits administration is automatically integrated with payroll processing. Powerful tax compliance reporting and analysis, excellent tracking of employee hours and accrual balances, maximum security, and a variety of check disbursing options give you both control and flexibility for your company’s individual structure and needs. Our goal is Making Your Job Easier.

The SSI Joint Interest Billing System provides all the necessary tools to provide your working interest owners with complete information regarding their obligation of well expenses. Besides interfacing to General Ledger and Accounts Payable to extract well expenses and interfacing to Accounts Receivable for invoice posting, the system interfaces to Well History and Production Reporting to provide a myriad of management oriented exception based reporting. Our goal is Making Your Job Easier.

The SSI Authority for Expenditure (AFE) module provides for complete control of capital costs and expenses through all phases of the development project. The system is integrated with Accounts Payable, General Ledger, and Joint Interest Billing to provide one source entry. The system provides for unique AFE budgets for the development phase, work over phases, and miscellaneous non JIB phases. Our goal is Making Your Job Easier.

The SSI Revenue Payables system provides a complete application module for entering, editing, and distribution of received revenues and deductions on oil and gas properties. With our unique feature of Chain of Title processing, “decks” are no longer needed as revenue distribution becomes production date sensitive and processing utilizing previous DOIТs becomes much easier.

The SSI Well Management System is the repository for all of the necessary flags, descriptors, codes, etc. that are used by the Energy Management System. User-defined codes such as lifting codes, status codes, well groupings, etc. are maintained to provide the user with maximum flexibility. The system is interfaced with the general accounting module as well as the Oil and Gas subsidiary modules. The net result is a system that is not only efficient and productive but very flexible and easy to use.

The Well History Reporting System (Lease Operating Statements) is the most immediately beneficial tool of the SSI Oil & Gas System with respect to operational management decision-making. While Purchasing the optional SSIQ Ad Hoc Query and Report Writer would provide the ultimate flexibility in information retrieval, many users find the volume of report formats and options offered by this module more than sufficient for all management needs. Included in this module is the Annual Well History Report that provides a full, rolling twelve months of profit trend analysis for the user company’s working interest. This report can also be used to gain full fiscal year balancing well reports.

Optional companion modules include the Well History Consolidation module and the Well History Detail Reporting module. The Well Consolidation module provides a myriad of property consolidation schemes using a large number of standard system fields as well as the 30 user-defined fields known to SSI users as Well Groups. These consolidation facilities provide multi-level profitability tracking with unequaled flexibility. The Well Detail History module provides historical expense analysis methods at the detail category level (e.g. electricity, fuel, etc.). Our goal is Making Your Job Easier.

The daily production saves time by automatically calculating gauge sheet and run ticket volumes and eliminates the need for manual verification of these documents. With volume calculations made from tank strappings, SSI eliminates the possibility of human error. See the correct volumes instantly. The Production Reporting system provides a multitude of oil and gas production reports including 12 Year Summary Production, 2 Year Detail monthly Production Analysis, and Inception To Date summaries.

This application provides the history of equipment for each well and all equipment owned by your company by yards. View equipment by location, by product type or by vendor and use material transfers to move equipment between wells, into a yard or out of a yard. Be sure equipment is sold for the desired price by understanding the current basis. Save time while ensuring that the location of all equipment is known. Ever wonder what salvage value may truly be on a well?

Automatically import the burdens associated with working interest parties when creating the gas market group. Allocate dedicated gas sales to the market group and communicate the dedication, receipt percent and the true ownership percent to each revenue recipient via the check detail. Integrated to SSI’s Chain of Title, the gas market group is automatically updated when the assignment is made. Burdens are always in balance as they too are assigned during assignment processing.

Integrated with the gas market group application, this module provides wellhead entitlement balancing to all participants. It automatically adjusts balance positions of all parties when an event occurs. Events include sales, adjustments and assignments. The gas balancing system recalculates each participants balance position from the date of the event forward to the present, for as long as the data is available on SSI. Owners are individually balanced by JIB, All Revenue Interest, and Oklahoma PPI facilitating all state balancing requirements. An owner may be assigned to a Market Group for gas balancing statement preparation and his position will be rolled up into the gas marketing agent such as the operator or others who are marketing his gas.

The land management system assists in management of lease locations, leasehold costs and all lease related obligations. View leasehold totals by state, county, survey/lot/block or section/township/range with section or survey totals indicating company net acres and delivered acres with actual delivered WI interest after royalty and overrides. Automate the creation of delay rental or shut-in payments checks. Stay on top of your many obligations and expirations with a seamlessly integrated land system.

The land management billing system provides allocation and joint billing of prospect/lease expense to partners in the area of mutual interest providing detail professional land billing invoices designed to inform your partners of progress and cost.

Developed for the drilling contractor, this application works in conjunction with the payroll and accounts payable systems. Allocate all payroll costs to a well and job to track the true cost of the project and verify the profitability of each agreement. Measure the profitability of all jobs done or sort the jobs by rig or measure the profitability of each rig, highlighting the most profitable rigs for your company. Easily and quickly turn data into information that enables the best business decisions possible!

Non-Consent Payout Tracking – Track Non-Consent Working Interest Owners automatically with SSI. Assignment of WI as Non-consent to other WI Owners automatically creates calculation and tracking of non-consent payout. This eliminates the need for “off system” spreadsheet and calculations. Save time and stay more accurate with SSI’s Non-Consent Payout Tracking system.

Investor Payout Tracking – Keep track of the payouts of Working Interest owners when accounting for reversionary interest events. Save time and eliminate ‘off system’ spreadsheets and calculations by allowing SSI to track these events for you automatically, as a by-product of accurate JIB allocation, revenue distribution, and assignments. Payout may even be calculated from 8/8ths values if revenue or JIB is not performed for the investor. In either case, SSI will always inform you of an investors payout position. You may only choose to see those that have paid out allowing you to specifically address what reversionary assignments need to be made. SSI’s Chain of Title maintains reversionary back-ins at payout and will make the payout assignment at the click of the button. What more could a payout tracking system do to make you job easier?