Streamlining Measurement: PRA Alternate UOM Solutions

Streamlining Measurement for Efficiency: A Case Study in PRA Alternate UOM Solutions

Overview:

Diligent Global spearheaded a project for a national oil and gas conglomerate to overhaul their production revenue accounting (PRA) system, addressing critical gaps in the measurement of oil functionalities, which hindered accurate well completion volumes.

Challenges:

Inefficient standard UOM resulting in reconciliation issues and inaccurate reporting.
Outdated PRA tools unable to keep up with the expanded scope of measurement data.
The need for a robust conversion process from base to standard UOMs for enhanced data accuracy.

Solutions:

Implementation of alternate UOM solutions to enable precise measurement and conversion processes.
Upgradation of PRA design to facilitate reconciliation reports and validate completion volume.
Enhancement of PRA tools with the capability to manage additional measurement data and integrate with SAP IS-OIL.

Results:

Accurate and reliable conversion from base to standard UOM, ensuring consistent reporting across the organization.
A comprehensive reconciliation report system that bolstered data validation and completion volumes.
Modernized PRA tools, leading to improved efficiency in data management and reporting.

Summary:

This case study underscores Diligent Global’s proficiency in delivering a customized PRA Alternate UOM Solution that not only addressed the immediate measurement challenges but also laid a foundation for ongoing operational excellence in the oil, gas, and mining industry.

Elevate your company’s PRA system with Diligent Global’s expert solutions.
Get in touch at info@diligent.com to discuss how we can optimize your revenue accounting and reporting processes.