The system is a complete system for managing a full-cycle of oil and gas revenue in a joint
venture oil and gas company. The system has the capability to manage all types of revenue sources,
including from multi-years LNG/LPG sales-contract, pipeline oil and gas contracts as well as regulated
non-contractual oil lifting which allow revenue manager to forecast future revenue several periods ahead
without any difficulties.
The system also calculates revenue and fees (including tax) distribution between
contractor, government, and other shareholders such as local governments. The revenue distribution
considers the mechanisms of cost recovery, debt, FTP (First Trance Petroleum), and other considerations
that may have any effect to revenue calculation.
Integration with company's financial accounting system is another simplification offered by the system
to make the overall financial system becomes seamless.