When it comes to allocation, there is no such thing as a small oversight and all potential misallocations can have a huge impact on your business. That's why so many operators trust SPL to help get it right. Allocation inaccuracies can cripple your financial performance. SPL delivers rock-solid, defensible data on true asset volume and composition that minimizes risk exposure and gives you more control over operational and financial performance. Improving the accuracy of allocation can aid operators in:
More than any other provider, SPL has allocations down to a science—ensuring fair and equitable production allocations across the asset. Customized data reports are available to all divisions of your organization.
SPL provides objective, credible, third-party expertise that lets you pinpoint the allocation quantity and quality of hydrocarbon assets throughout the hydrocarbon lifecycle —with a scientific approach that other providers just can't match. We follow best practice data retention policies, host audits to defend the allocation practices and methodologies, and can perform daily data surveillance. Our project management services bring consistency and clarity to your allocation project.
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Because no two operations are exactly alike, SPL works with you to create a customized service package that can include supplemental services that complement the core offerings of a production allocation job. By integrating one or more of these services, you can fine tune your allocation job to create a complete package that provides better insight in asset volume and composition.