Hydrocarbon Accounting at the Source

ProdView provides a single, trusted source for daily, month-to-date, and monthly production volumes to support accurate hydrocarbon accounting, without adding complexity to existing workflows. By centralizing field tickets, well tests, meter readings, and tank inventories, teams can balance production earlier in the cycle and reduce downstream reconciliation. Consistent volumes shared across operations and accounting shift teams from chasing discrepancies to validating results as production is captured.

Keep Every Barrel Accounted For.

Scenario: A production accounting team uses ProdView as the system of record for daily production volumes across multiple assets, replacing spreadsheet-based workflows and disconnected reporting tools.
Benefit: Centralized production measurements and built-in balancing workflows reduce manual reconciliation across field tickets, spreadsheets, and system exports, allowing accounting teams to validate results sooner instead of tracking down conflicting numbers at month-end.
Outcome: Fewer volume discrepancies and a more predictable month-end close, with daily production balances that support accurate hydrocarbon accounting and consistent reporting across operations and finance.

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EXPERIENCE STORY

From Daily Reconciliation to Confident Production Accounting

Challenge

A multi-asset operator struggled to maintain confidence in production volumes used for daily reporting and month-end hydrocarbon accounting. Volumes were compiled from spreadsheets, emailed field tickets, and delayed system exports, often resulting in discrepancies between operations and accounting. Issues were typically discovered late in the reporting cycle, forcing accounting teams to reconcile competing numbers instead of validating results and slowing the month-end close.

Solution

The operator implemented ProdView as a centralized system for capturing and balancing production volumes before they entered downstream accounting workflows. By consolidating field tickets, well tests, meter readings, and tank inventories into daily balancing processes, discrepancies were surfaced earlier in the cycle. Resolving volume differences closer to the source shifted teams from reactive reconciliation to proactive validation, supporting more confident hydrocarbon accounting, fewer disputes, and a more predictable month-end close across operations and finance.

Client Testimonials

Peloton delivers robust data capture and reporting across the well lifecycle, backed by top-tier support and a visionary, unified app strategy.

D&C Manager

Integrating failure tables gave us a foundation for managing well work—from notifications to cost tracking and root cause analysis.

Senior Production Tech

Peloton puts more real-time R&D in their products than any other oil and gas software vendor out there, and I have used a lot of them.

Engineering Technician