Crude oil marketing management system for both oil producers and oil shippers

The WellPoint Oil Marketing System (OMS) is designed to manage the forecasting and reporting of oil volumes for both producers and shippers of crude oil. The system was developed for companies that are shippers of oil volumes from their own producing facilities and/or non-operated take-in-kind volumes or lease purchases.

WellPoint OMS lets producers and shippers track the entire oil marketing process from start to finish. At a glance, users can track volume forecasts, contracts, transfer documents, and inventories for all producing facilities.

WellPoint OMS:

• Manages / monitors forecasting of oil volumes and splits for oil producers
• Generates required pipeline documents including Form A, Form B and Notice of Shipment
• Manages all key delivery processes for shippers of oil including stream and lease sales,inventory and contract management pricing and invoicing
• Provides real-time Position Reports