Authorisation For Expenditure
The application was designed with a high degree of automated calculations.
- Easy configuration to Company standard.
- Easy AFE generation, export to Excel.
- Consistent Coding.
- Integration with DSP-One allows quick reaction to changes in well planning.
- Multiple currencies.
- Eliminate spreadsheets.
- Standardise AFE coding.
- Connected to DSP-One.
- Data generated with DSP-One for planned wells can be imported to AFE-One.
- Users are able to instantly appreciate the cost savings achievable from particular design optimisations.
- AFE-One incorporates three user editable look-up tables storing company specific coding for Drilling Phases, Account Groups and Items of Expenditure. In addition, there is a comprehensive database of international currencies allowing flexibility to quote a cost in whichever currency unit is convenient.
- The results can be viewed either in a classical report style or graphically.