Merrick Systems, Inc.
4801 Woodway, Suite 200E
Houston, TX 77056
Toll Free: 800-842-8389
Phone: 713-579-3400
Fax: 713-579-3499
E-mail: sales@MerrickSystems.com
http://www.MerrickSystems.com

Faisal Kidwai, V.P. Sales, Faisal.Kidwai@MerrickSystems.com

Products:
ProCount is a comprehensive hydrocarbon accounting solution for daily and monthly volumetric allocations, management and partner reporting. Used onshore, offshore, domestically and globally, ProCount helps meet allocation needs in both operated and non-operated properties and handles simple to complex allocations by mass, energy and volume, with plant and pipeline, meter, tank and fuel wellhead allocations.

Providing daily and monthly volume reconciliations that are used to minimize month-end operational surprises and operational discrepancies, ProCount also supports allocations for production sharing agreements and other contractual needs. Handling multiple units of measure, ProCount has built-in integration with several standard ERP accounting and financial systems as well as third-party engineering and economic analysis software packages.

With over a hundred standard reports and ad-hoc reporting capabilities, ProCount is highly scalable, configurable and built to integrate well with other software packages. In addition, It has a built-in auditability and traceability which are required for financial regulatory compliance.

ProCount features include:

• Simple drag and drop tool that allows users to create simple to complex multi-tiered connections for allocation networks
• Quick setup of daily and monthly allocations using templates for multiple objects (meters, tanks, equipment and completions)
• Allocate by volume, energy based – BTU and analysis, including component allocation of plant products and liquids/NGL
• User defined error checking and validation, custom formulas for allocation requirements and user configurable data fields and screens
• Handles requirements for mixed units of measurement (Imperial and Metric) within one data store
• Scalable to handle daily allocations for 20,000+ wells (with related equipment in a network)
• Integrates with revenue/financial systems like Artesia, Excalibur, SAP as well as Aries for Petroleum Economics
• Regulatory filing of production for all key states and MMS either in electronic format or printed
• 100+ reports included for daily operations, daily and monthly accounting/allocations and management/partner reporting.

Carte – Carte is a web-based production management dashboard and monthly oil & gas production reporting system that allows access to information by a single well, field or entire asset, viewed graphically or in tabular form. Carte reads data from Merrick’s ProCount software or other standard third-party production databases and provides KPI and variance reports. It allows operations staff and executives to easily access production data at varying levels, including corporate division and asset summaries, or drill down to completion levels. As a web –based solution it offers simple deployment from a central location to field and office personnel at multiple locations. It can also be used to share information with partners.

Carte features include:

• View allocated production data to spot early trends and potential problem areas
• Drill down to the completion level and access critical information for decision making
• Activate Excel from within Carte to generate user spreadsheets
• Annotate with ‘sticky notes’ on well production graphs
• Print one or all production graphs with a single mouse click
• Graph the forecasted economic model versus actual production on a daily basis.

PetroRegs – From production form filings with state and federal agencies to gas allowable computations and well test calculations, these modules help ensure regulatory compliance.

Regulatory features include:

• Flexible filing options with hard copy reports, electronic filing and PDF format
• Automatic handling of prior period adjustments (PPA)
• Each module generates state-approved digital filings
• Generate error reports for identifying potential problems before filing with the state.