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Sempra Energy Solutions

Exploration and Production Learning Path (ACP-EP) PDF Print E-mail

This learning path is targeted to users throughout the organization, including land managers, drilling supervisors, production managers, trading and risk managers, and accounting, auditing and compliance staff.  Users will learn how to capture drilling/production operations and equipment inventories, administer leases, forecast volumes, reconcile production with revenues and accurately allocate income to interest holders.

EP201 Property

The purpose of this course is to provide participants with an overview of how the Allegro Property component is used to manage oil and gas producing properties and division orders.  Participants will learn how to:

  • Configure property parameters
  • Define lease gathering structures (points, locations, production meters)
  • Capture energy factors
  • Define marketing arrangements
  • Create division orders
  • Generate production forecasts and positions
  • Perform interest owner conveyances
Version: 8.1
Duration: 130 minutes
EP202 Equity Production

In this class, participants will learn how the Equity Production components is used to manage the marketing of oil and gas production, including volumetric forecasts, nominations, balancing, measurement, and variance analysis.  The course includes hands-on practice exercises the provide participants with practice capturing production forecasts and estimates, creating nominations and capturing operator actual. Participants will learn how to:

  • Balance working interest owners
  • Perform nominations
  • Utilize streaming functionality
  • Review and evaluate production positions
  • Generate shipper notifications
  • Capture production meter measurements
  • Make nomination adjustments
  • Capture and allocate operator actuals
Version: 8.1
Duration: 125 minutes
EP203 Trade Execution

This course will give participants the knowledge and skills they need to capture deals for the purchase or sale of wellhead oil or gas. Participants will learn:

  • Capture wellhead purchases
  • Capture wellhead sales
Duration: 20 minutes
EP403 Revenue

In this class, participants will learn about the Revenue component and how it is by oil and gas producers and first purchasers to distribute revenue. After completing this course, participants will be able to:

  • Configure revenue parameters
  • Configure property taxes (jurisdictions and tax rates)
  • Configure revenue division orders
  • Define revenue suspense processing
  • Capture, distribute and disburse revenue payments
  • Generate regulatory reports
  • Escheat suspended funds
Duration: 80 minutes