Calculate NRI Correctly: Permian Formula and Division Order Checklist
Permian NRI calculation: formula, three worked examples, and a division order checklist to catch decimal errors.
Insights
Blog
Field operations, investor reporting, and product notes from the WellsManager team.
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Working Interest vs NRI: Permian Operators' Tax and JIB Checks
Permian operators: reconcile working interest and NRI, recalculate division order decimals, spot JIB mismatches, and avoid common tax traps.
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Audit Ready Investor Distribution Statements for Permian Operators
Make audit ready investor distribution statements for Permian independents with clear inputs, checklists, a numeric example, and ready templates.
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Independent Operators: Oilfield Software Rollout for the Three Jobs
Independent operators: run a 60–90 day bounded pilot with a one-page checklist, tests, and KPIs that prove ticket adoption and cost book accuracy.
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Operator Ready AI Executive Brief: 6 Step Pilot for Permian
Copy-ready one-page AI executive brief for Permian operators. A 6-step pilot and data checklist that turns tickets, cost books, and investor checks into...
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Cut Invoice Cycle Under 10 Days with Permian Oilfield Data Integration
Practical Permian playbook: capture the financial signature, standardize cost codes, and cut invoice cycles from 45 to under 10 days with targeted...
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Field Ready Oilfield Maintenance Log for Operators' Cost Tracking
Field ready oilfield maintenance log and step-by-step fill out workflow for operators. Capture date, run hours, photos, and feed repairs into per well...
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Digital Well Files: 90 Days to Stop File Hunting for Permian Operators
Permian operators: centralize digital well files, halve search time, and connect files to field tickets, cost books, and investor reporting.
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Compliance Officers: 9 Audit Trail Fields That Prove Tamper Evidence
For compliance officers: make audit trails tamper evident, run scheduled verification, and keep field records audit ready for auditor requests.
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Avoid Escheatment: Permian Operators' $25–$100 Minimum Check Threshold
Copy ready policy and checklist for Permian independents to set a $25–$100 minimum check threshold, run monthly aging, and avoid escheatment.
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Stop Ticket and Cost Chaos: Well Master Data for Small Operators
Checklist for small operators to build one well master record that stops ticket coding errors, maps costs correctly, and speeds LOS close.
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Storing 1,320 Gallons? SPCC for Permian Oil and Gas Operators
Permian SPCC made practical: confirm the 1,320 gallon trigger, create field ticket proof inspectors expect, and choose PE or self certification for your site.