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CostNet - Cost Tracking

 

 


The cost tracking capability is designed around the concept that on a day-to-day well operation, service companies and operators know what services and equipment are being used and what the contractual costs are. Through the application of cost codes and quantities, this will then allow a day-to-day overview of the expenditure on an operation against a pre-determined AFE. IDS provides operations managers with a tool to monitor and analyse all costs. Data entry is intuitive; with automatic carry-forward options for recurring costs and the ability to select costs from the approved AFE or available cost codes.

 

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