What is a Run Ticket?
Run Ticket Run Ticket is a record of the quantity of oil removed from a stock tank into a pipeline or tank truck. A run ticket will generally have measurements such as opening and closing volumes, observed gravity and temperature, BS&W and a date & time. Usually the tickets are made in triplicate and filled […]
Happy Holidays from Entrance!
Wishing you and yours a happy and safe holiday season from everyone here at Entrance.
2012 Favorites
2012 has been a great year for Entrance. Here are our top ten:
2012 doubled Entrance’s SharePoint Consulting Practice
Starting with Carol Donnelly, our SharePoint Senior Manager, Entrance gained 5 new SharePoint Consultants in 2012! We’ve also developed some techniques for managing this growing team that we think will help maintain a high standard of work over time:
SharePoint 2013: New features enable increased productivity
Entrance recently completed the envision phase of a project that will lead to implementation of SharePoint 2013 for a local energy focused insurance company. We wanted to share how some of the new SharePoint features could be leveraged there to improve productivity. As it stands, our client manages all their documents through a file share, and […]
Midstream Services Data Analysis Results in $5 million Profit
Electronic Field Ticketing Results in Net Gain Over the past six years, Entrance has worked for a large midstream services company to develop a field ticket management system. Previous to the system, the client billed their customers based on hand written tickets that noted who had worked on a job, for how long and with what […]
What is a ScrumMaster?
A ScrumMaster serves as a facilitator within a software development team, managing the information exchange process. In agile software development, team members have a daily standup, during which they review progress and prioritize and claim tasks to achieve goals that are top-of-mind for each ‘sprint’ or section of development with defined deliverables. The scrum master asks the team the following standard questions: What […]
What is Flowing Tubing Pressure?
Flowing Tubing Pressure (FTP) FTP is the static pressure in the tubing when the well is flowing into delivery lines.
What is Shut-in Tubing Pressure?
Shut-in Tubing Pressure (SITP) SITP is the surface force per unit area exerted at the top of a wellbore when it is closed either at the Christmas tree or the blowout preventer stack.
External metrics, status metrics and results: Choose Your Own Intelligence
Every day your company produces lots and lots of information, and yet most managers feel like they don’t have the insights they need. Advanced business intelligence, with either custom reporting and/or dashboard solutions, is often looked to as a solution to sorting intelligently through organizations’ massive influx of data. Before you head down the path to business intelligence, […]
What is Overriding Royalty Interest?
Overriding Royalty Interest (ORRI) ORRI refers to a royalty in excess of the royalty provided in the oil & gas lease. Usually an override is added during an intervening assignment.
What is Net Revenue Interest?
Net Revenue Interest (NRI) NRI denotes the share of production after all burdens, such as royalty and overriding royalty, have been deducted from the working interest. It is the percentage of production that each party actually receives.
Efficient file uploading in complex SharePoint file structures
In large enterprises with more than tens of thousands of documents, it is typically required to create site templates with complex folder/document set structures. While these highly complex file structures allow the enterprise to successfully manage content with logical consistency, new problems may arise surrounding client usability. One client recently faced this issue; with thousands […]
What is Gross Working Interest?
Gross Working Interest (GWI) GWI refers to an interest in a well that bears the operating and drilling expenses.
Top Five Software Trends in Data and Energy in 2013
At Entrance, we’re excited about what 2013 brings for information technology in Oil and Gas, because we’re seeing the industry starting to really commit to and invest in data , information and knowledge strategies. Here’s a quick list of the top 5 energy technology trends for 2013.
Windows 8 and the Healthcare Industry
I ran into this article a few weeks ago about Windows 8 tablets and the healthcare industry, where the author wrote about how, “Windows 8-based tablets might also have a very substantial role to play in healthcare. In fact, Windows 8 tablets might, in some cases, be even more appropriate to healthcare than iOS or Android […]
What is a Pipeline Inspection Gauge?
Pipeline Inspection Gauge (PIG) A PIG tool is used for a variety of functions within a pipeline, often for cleaning or taking measurements as it traverses the pipe.
What is a division of interest?
Division Of Interest (DOI) DOI is frequently-used as an umbrella term to capture the joint ownership and how responsibilities and rewards for a given oil & gas asset (i.e. well) are split. Who pays for what portion of the costs and who is entitled to the produced hydrocarbons are dictated by a well’s DOI.
Getting out there: a success story!
Our most recent SharePoint consultant new hire, Stephanie, shared the story of how she found a job at Entrance with Jim Adcock, a SharePoint Administrator and the writer of a blog called Working it Out. Stephanie’s big piece of advice in her story was if you are looking for a job, put yourself out there at […]
What are lease operating expenses?
Lease Operating Expenses (LOE) LOE refers to the costs of operating the wells and equipment on a producing lease, many of which are recurring. How it’s important to us
