Optimize Every Stage of Oil & Gas Production
Providence Production Management is designed for both operated and non-operated assets. It captures, validates, and reports every production detail, ensuring real-time visibility, regulatory compliance, and streamlined data flow from the field to the back office.
Key Features
The system provides comprehensive tracking, verification, and reporting, delivering the accuracy and control oil & gas teams need.
- Real-time field data capture: Capture daily production directly from Providence Field Data Gathering, with instant transmission of volumes, pressures, sales data, and operational notes to the office.
- Run ticket and purchaser statement entry: Enter run tickets and purchaser statements manually or import them from popular CDEX, CODE, and other widely used portals. On-screen calculations provide net barrels, corrected API gravity, pricing, and reconciliation points.
- Comprehensive production tracking: Track oil, gas, water, and all dispositions with precise daily data entry. Supports tank strapping, well tests, downtime logging, and historical performance comparison.
- Multi-tier production allocations: Allocate production across multiple tiers and ownership decimals using production tests, meter readings, fixed percentages, or hybrid allocation methods.
- Production vs. revenue analysis: Compare production volumes to revenue distributions, identifying variances, missing payments, purchaser discrepancies, and reconciliation exceptions.
- Partner and non-operated production reporting: Enter and reconcile non-operated production volumes with partner statements for accurate JV comparisons and financial transparency.
- State and federal regulatory reporting: Automatically generate and transmit required reports for federal agencies, such as MMS OGOR, and various states (TX, NM, CO, WY, MT, ND, WV, KY, PA, NY)
- Integrated EDI submission: Transmit approved state and federal reports electronically via EDI, reducing manual filing and ensuring timely compliance.
- Historical production reporting: Generate multi-year production summaries, monthly listings, tank inventories, and audit-ready historical reports for financial and operational analysis.
- Advanced reconciliation tools: Reconcile purchaser statements against run tickets, daily gauges, and historical general ledger revenue entries, providing full visibility into volume and dollar variance.
- Well test and downtime management: Enter well tests directly into the system and maintain historical logs of downtime using unlimited user-defined downtime codes.
- Excel template imports: Leverage Providence’s pre-configured Excel templates for quick bulk upload of daily volumes, well tests, run tickets, and allocation data.
- Disposition tracking: Maintain clear records of all disposition paths for hydrocarbons, from production to sale, supporting granular auditing and accuracy.
- Comprehensive reporting library: Access 50+ production reports, including: Tank inventory, Production listings, Well test, Daily call-ins, Allocation, Production vs. revenue summaries, and more
- Integration with the Providence ecosystem: Seamlessly interfaces with the Providence Accounting, Revenue Distribution, and DOP (Daily Oil Production) modules, ensuring unified data flow from field to finance.
- Robust security and compliance: Protects production data with password-controlled access, audit logs, and role-based permissions aligned with industry compliance requirements.
Why Choose Providence Production Management
Providence Production Management eliminates manual reporting and data silos by unifying field operations and accounting within a single, cloud-based system. Designed for energy producers that demand accuracy and operational transparency, it streamlines production entry, allocation, and reporting while automating compliance and reconciliation. From field data capture to partner reporting, it ensures you have complete control and confidence in every production detail.
Providence Production Management eliminates manual reporting and data silos by unifying field operations and accounting within a single, cloud-based system. Designed for energy producers that demand accuracy and operational transparency, it streamlines production entry, allocation, and reporting while automating compliance and reconciliation. From field data capture to partner reporting, it ensures you have complete control and confidence in every production detail.
Want to see more? Contact us to request a product demo today.
Request a demo today and discover how Providence Production Management provides your team with full visibility from the field to finance.
Frequently Asked Questions
Providence Production Management is an integrated software solution that helps oil and gas operators track, verify, and report production data for both operated and non-operated assets. It allows teams to:
- Capture field data in real time
- Automate production and revenue allocations
- Generate regulatory and partner reports
- Integrate seamlessly with Providence Accounting and Revenue Distribution
The system is built for:
- Oil and gas producers, operators, and investors
- Companies managing both operated and non-operated properties
- Energy firms that require precise, compliant production accounting and reporting
Yes. Providence integrates with the Field Data Gathering Mobile Platform, allowing field personnel to upload daily production data, including sales volumes and pressures, directly from the field for instant reporting and analysis.
Providence supports comprehensive tracking of:
- Oil, gas, and water production volumes
- Run tickets and purchaser statements
- Downtime, well test results, and disposition tracking
- Production vs. revenue comparisons for variance analysis
Absolutely. The system allows users to enter and reconcile data for non-operated properties, providing full transparency and comparative reporting alongside operated assets.
Providence includes pre-configured templates for state and federal agencies, such as:
- MMS OGOR (Federal Leases)
- State-specific reports for Texas, New Mexico, Colorado, Wyoming, and others
It also supports electronic submission where available, minimizing manual preparation and ensuring timely compliance.
Providence features multi-tiered allocation tools that automatically distribute production volumes and revenues among working interest and royalty owners. Users can analyze:
- Joint venture allocations
- Partner production reporting
- Variances between production and revenue data
The platform offers a wide range of customizable reports, including:
- Tank inventory reports (detailed or summary)
- Run ticket and sales listings
- Production vs. revenue comparisons
- Partner and joint venture summaries
All reports can be exported or filtered for ad-hoc analysis.
Yes. Providence Production Management is a cloud-based platform that offers secure access from anywhere. Its unified data environment ensures real-time synchronization between production, accounting, and compliance modules.
Providence Production Management connects natively to other Providence modules:
- Providence Accounting for general ledger reconciliation
- Revenue Distribution for revenue sharing
- Daily Oil Production (DOP) for real-time field data capture
This integration eliminates data duplication and ensures consistent reporting across departments.
Providence includes:
- Password-protected user access
- Role-based permissions
- Audit trails for every transaction
- Secure cloud infrastructure that meets industry standards for data protection
Key benefits include:
- Automated production tracking and reporting
- Real-time operational insight
- Simplified compliance with federal and state requirements
- Integrated accounting and financial reconciliation
- Scalable design for single operators and enterprise producers