Each month, Greasebook is pushing new updates to the platform. That said, here is a quarterly round-up of some of the more notable features that were pushed to the app Q1 2021 – without further adieu, let’s dive in! 🏊♀️
Engineers should be focused on things like oil & gas production – NOT gathering, massaging, and wrangling of oil and gas production data. Now, with our new PHDWin integration, you’re able to run Economics and Decline Curve Analysis to your heart’s content! 🤓📉🛢
Simply load up your Engineering / PHDWin Case Numbers to the Greasebook and export all that good, clean, quality controlled production data straight from your pumpers in the field. Who says gathering production data from our pumpers can’t be fun?!
Special shout out to Luke Miller @ Miller Energy Company (Traverse City, MI📍) not only for the request but also the feedback in helping us iron everything out! 🤝
Well History File Repository
Where do you keep all your most important documents regarding your production assets?
Now, with the Greasebook you can complement all that juicy production data🍊with the following:
- Lease Drilling Records 📑
- Pumping Unit Information 🗂
- Wellhead Records 📂
- Casing Records 🗄
- Tubing and Packer Information 📄
- Packers and Holddowns 🗃
- Pulling Tension on the Tubing String 📑
- Sucker Rods, Pump Design, and Service Records 📂
And the best part? Not only will you and your team have a centralized place to access these files no matter where you’re at, but your field crew will have access to them, t00 – right on their smartphone!📲
Texas Railroad Commission PR Report Auto-Filer
Who likes filing their monthly RRC PR reports, raise your hand!🙋🏻♀️
Go ahead, don’t be shy now, raise’em up. . . .
. . . . anyone?? 🦗 🦗 🦗
If you loathe filing monthly RRC reports as much as other operators do, you’re not alone.💀
Thankfully, Greasebook now automates this process for you. 🎈
After adding some basic info to the Greasebook regarding your Texas leases (Operator Number, Lease Names, Oil Lease Number / Gas IDs, Field Names and the like), each month you’ll be prompted to add your Oil Sales.
And, once you’ve reviewed your production totals, made the necessary adjustments, and now everything shakes out, you’re ready to file!
Simply click ‘Run’ and let’er rip🔥 – our RRC PR form filer tool will now run and download an EDI file (or PDF) from which you can file online!
A shout out to the Texas Railroad Commission as well as Matt Brasher and Team @ Courson Oil & Gas (Perryton, TX📍) for helping us work through this – our hats off to you!! 🙌
Gas Volume Calculations
Often times, our gas production at a particular is so low it doesn’t warrant the purchase of an Electronic Flow Meter (EFM).
Given a paper chart recorder’s:
- Temperature (sometimes)
- Hours Flowing (over previous 24 hrs) – in hours and minutes!
And, a set of Constants:
- Meter Tube Size
- Orifice Size
- Specific Gravity
- Tap Type (Flange or Pipe)
The GreaseBook now calculates total Gas Volumes at any point that doesn’t have an EFM.
Included below is a few short clips showing the calculator in action 🎥
Side note: Thank you to Ken Edwards, Ph.D. P.E. @ LMNO Engineering (Athens, OH📍) for helping us mind our P’s and Q’s with these gas calculations (they can get complex in a hurry!)😅
Support for NGL Bullet Tanks
To manage our Natural Gas Liquid (NGL) production💧, ‘Bullet’ or NGL tanks are tank elements that can now be added to the Battery level in the Greasebook.
The production volume of these tanks is accounted for as percentage of the tank filled, and this percentage is ultimately translated into total gallons produced.
As well as with other types of tanks, new measurements and run tickets can be added to each Bullet tank, too.📊
More Robust Allocation Engine
In some fields, there can be a lot of complexity around the allocation of our oil, gas, and water production.🤦🏻♂️
That said, we’ve added even more flexibility around how you allocate, process, and ultimately measure your production.
For example, what if you’d like to send Gas produced from a set of Wells to Collection Point A while sending the Water produced from that same of Wells to Injection Point B?🤔
The Greasebook now enables you to immediately track back the water production to each well so you know how much to allocate (and ultimately charge) each WI owner.💦💵
We’ll spare you the details (and keep from putting you to sleep), but just know that when it comes to complicated allocations: when the goin’ gets tough, the Greasebook gets goin’. 💪🏼🤓
The Greasebook is the fastest growing app in the oil patch today. And, to keep up we push out new updates every week. Not sure if we can handle something in your ops? Ask us! 👋🙂
Given the number of producers we work with today in nearly every oil & gas producing basin across the US, when it comes to tracking your production and maintaining tabs on your folks in the field there’s not much we DON’T do.
And, if we don’t do whatever you’re after already, there’s a good chance we can knock it out in short order 👔
In summary, if you’re not letting Greasebook run your daily ops, you’re working too hard. ⏳💸
If you’d like to streamline your communication with the field to achieve your most profitable, operationally efficient oil & gas production company, then get started by filling out a questionnaire here: www.greasebook.com/invite