Oil & Gas
By integrating project management, budgets, and costs with your corporate financials from initial drilling through to production, you can more effectively invoice and pay your partners, manage your cost centres, control expenditures, and increase the efficiency of your business processes. With the Microsoft Dynam Oil & Gas industry solution you can efficiently control your costs by monitoring them by cost centre, project, or Authorization for Expenditure.
Oil and Gas industry solution
The Microsoft Dynamics Oil & Gas solution provides the following specific functionality for oil and gas companies:
- Effective analysis of exploration cost, development and production cost
- Automatic allocation of costs across multiple owners (Joint Ventures)
- Establishment of budgets and tracking of actuals for tenements
- Instant creation of cash calls, integrated within the system
- Drill down capabilities to the source of financial entries
- Real business insights with one click reporting
- Automatic depreciation of fixed assets