Upstream Sector

Bringing energy industry expertise
together with management best practices

Capitalize Consulting Upstream OilCan you mine your current data to provide meaningful, actionable reports?
Are you considering software or process improvements around gas or crude marketing?
Is your company effectively managing revenue accounting? Royalty payments? Joint interest owner accounting?

Capitalize Consulting’s deep energy experience drives efficiencies.

We help our clients improve the revenue accounting process by identifying business requirements, integrating disparate systems and even selecting and implementing new applications. Our deep knowledge of the land (DOI) area, tax and regulatory functionality, PPA processing and royalty interest payments gives your organization a competitive edge. Plus, we’re able to hit the ground running so your organization starts making improvements fast.

We also understand the processes behind gas and crude marketing. Our experts can assist with the process and system improvements around the calculation of availabilities and deal capture (physical and financial) as well as scheduling and final accounting. Plus, we share industry best practices and common pitfalls to avoid.

Considering a technology upgrade? We manage the selection process from requirements gathering (we can often provide the requirements ourselves if you’re entering a new business area) to vendor demonstrations and guide clients on software selection to ensure your objectives are being achieved. Additionally, we can help your staff get more data from your current systems by integrating applications and optimizing the technology. You gain actionable information to support decision-making.

When it comes to joint interest ownership, we understand the accounting complexities. We’ll identify the best vendor-supported solution for your company or help create functional requirements for the development of an in-house solution. We can also assist with automating time-consuming AFE tracking and institute the needed audit controls.
Rely on the experts who know the upstream energy business and are ready to enhance your success. Contact us today.