The Integrated Energy System (TIES) for Oil and Gas Producers
Transform Your Oil and Gas Production Operations with TIES: The Integrated Energy System for Midstream Oil & Gas Industry
The Integrated Energy System (TIES) is a cutting-edge ETRM software solution for the oil and gas industry, designed to revolutionize energy trade and transaction management across various segments of the energy industry. With its holistic approach, TIES revolutionizes operations for Oil and Gas Production Systems, empowering them with advanced features, robust functionalities, and unparalleled efficiency.
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How TIES Supports Your Critical Activities:
Determine Volumes Available for Sale
Enables the calculation or upload of “Available for Sale” (AFS) volumes at a well or receipt meter.
Scheduling Volumes
Includes a comprehensive Scheduling Module that allows users, acting as “Shippers,” to import nominations and record scheduled and allocated volumes from the transporter.
Monitoring Actual Flow
TIES has the ability to receive, record, and allocate measured wellhead daily flows and to automatically allocate that volume downstream to the market, net of fuel.
Selling Products
Supports the complexities of selling from the wells, through gathering systems and plants and makes those complex scenarios easy.
Well Netback Price Determination
Enables netback pricing calculations from downstream markets to the wellhead for all products, whether sold at the plant, first interconnect, or across multiple pipelines. This detailed netback allows straightforward tracking and auditing, simplifying reconciliation.
Imbalance Management and Revenue Distribution
Calculates imbalances based on the volumes in the system and supports multiple valuation methods; allocates sales revenue and associated fuel, gathering, and transport costs to the wells or to the owners in the well.
Trusted by Energy Companies Worldwide
Why TIES is a Top Oil and Gas Production Software
TIES is specifically designed to meet today’s energy challenges by providing a powerful blend of oil and gas accounting software, and energy trading and risk management (ETRM) capabilities.
With TIES, you gain access to Trilogy’s dedicated support team and industry-leading insights tailored to the dynamic needs of oil and gas production operations.
Trilogy Energy Solutions is committed to innovation and operational excellence in the midstream industry, positioning TIES as an essential tool for next-generation oil and gas producers.
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FAQs
What is the “Available for Sale” (AFS) volume in oil and gas production?
The AFS volume refers to the amount of crude oil or natural gas available for sale after accounting for transport, processing, and ownership factors. For natural gas, this may include by-products like NGLs, inerts, and residue gases. The AFS volume is essential for accurately scheduling and managing sales.
How is netback pricing calculated in oil and gas operations?
Netback pricing is calculated by taking the final market sale price and deducting all associated costs, such as transportation, processing, and any other fees from the downstream market to the wellhead. This pricing model provides a clear, auditable view of profitability per unit at the source.
What is the role of a Scheduling Module in gas production?
A Scheduling Module allows operators to import nominations, and track scheduled and allocated volumes, ensuring compliance with pipeline delivery obligations. It also automatically accounts for fuel and line losses, simplifying the management of natural gas transportation and contractual requirements.
How are ownership imbalances managed in multi-owner wells?
For wells with multiple working interest owners, imbalances are managed through volume banking or make-up adjustments. This ensures that each owner’s share of production is accurately accounted for and reconciled, maintaining fair distribution and minimizing disputes.
