Oil & Gas

Oil and gas accounting and systems requirements present an unique set challenges. The Rand Group appreciates the specific regulatory and accounting needs facing operators and non-operators alike, and has the experience to design and deploy solutions that address them. Today, those in oil and gas have to respond to governmental reporting, environmental requirements, a volatile economy, and myriad investor requests, all while dealing with ongoing issues associated with lease management, revenue data processing, royalties, and joint interest and partnership complexities. Disparate "best of breed" systems must be integrated to gather, centralize, aggregate, bill, and ultimately make available for analysis the mass of data streaming into the organization.

Advances in integration, analysis, and reporting technology have made handling this data much more manageable than in the not so distant past. Improvements in communication and data gathering support, centralizing information from the field, rapidly processing it for billing, and subsequent analysis. The Rand Group is conversant in designing and deploying technology solutions using Microsoft's integrated product stack that address the unique needs of the oil and gas industry.

Solutions available using Microsoft Business Solutions and extending products include:

• Production Accounting
• Lease Management
• Joint Interest Billing
• Partnership Processing & Reporting
• Regulatory Reporting
• Rapid Consolidation of Acquisitions
• Royalty Processing & Reporting
• Production Data Warehouse Analysis & Reporting

The Rand Group's team of experienced consultants and Microsoft Business Solutions integrated technologies support phased deployment of the accounting and systems solutions you require to manage and grow your business. For more information contact The Rand Group at sales@randgrp.com