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PANexus

Production Accounting Software



PANexus

Production Accounting Software

Production accounting software with remote access and integrated file sharing with financial and operational systems.

Saskatchewan Oil and Gas Registry Readiness Ready for April 2012, PANexus will facilitate direct online reporting for Saskatchewan operators in conjunction with the Alberta Petroleum Registry agreement.
Feature List:

Volumetric Reporting

  • Provincial reporting for AB, BC, MB and SK, including e-data submission of volumetrics, SAF/OAF, splits, and transport allowances
  • Split reporting and data verification by delivery and sales volume
  • Monthly inventory tracking by product at well and partner level

Revenue

  • Creates journal entries for sales by product and well
  • Allows data override, and manages take-in-kind transactions
  • Imports revenue directly into financial systems (JVNexus / FANexus / Wolfpac)
  • Allows adjustments by editing historical data

Royalties

  • Calculates and reports crown royalties
  • Sliding scale or fixed rate calculations on gross overriding and freehold royalties
  • Royalties module can be leased as a stand-alone product
  • Exports to financial system and prevents common spreadsheet errors
  • Concise royalty owner reports with full backup on calculated amounts


Benefits for O&G Companies:

Supports Multiple Provinces

PANexus manages production accounting for Alberta, Saskatchewan, British Columbia and Manitoba – all from the same system.

Access your Data from Anywhere

PANexus data can easily be accessed quickly and efficiently from remote destinations.

PA Experts on Hand

Pandell has expert production accountants on staff that can help and advise with your PA related inquiries.

Accurate Government Reporting

PANexus outputs government approved documents for electronic upload and paper reporting.

Best Integration with Financial Systems

PANexus provides the highest level of financial system integration in the industry, which has proven to reduce data entry time and errors.