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This
one's easy!
Well,
it's easy for you anyway.
ABQ's
Integrated Production Management Service is the complete management
and administration of all aspects of delivering your natural gas production
from the wellhead to downstream markets. We do the work, you count the
money! In providing this service, ABQ will:
- develop and implement
a recommended marketing and trading strategy;
- manage natural
gas sales for all available production;
- manage nominations
and scheduling of all volumes for gathering, processing, and transportation
(including wellhead nominations if the Client is the operator);
- compare and reconcile
actual volumes to the Client's nominated firm capacity rights and
plant processing statements to ensure fair volume allocations, liquids
credits, and charges;
- calculate, monitor,
and manage any resulting pipeline imbalances;
- manage price
risk;
- manage invoicing
and collections of sales proceeds for actual volumes;
- provide monthly
reporting to the Client of sales revenues, hedge gains or losses,
associated transactions costs, transportation and processing fees
for gas and liquids (oil on request, additional fee required); and
- provide net-wellhead
revenue accounting, royalty, and production tax reporting, for all
well completions covered under this agreement (Includes preparation
of royalty reports for Federal, State, and Tribal leases and preparation
of OGT-1 and OGT-2 state tax reports).
"What's
in it for me?"
- Higher and more
stable cash flow and earnings from optimized gas production values,
and reduced price risk.
- Experienced professional
assistance in the development and implementation of corporate trading
and revenue management policies and strategies.
- Streamlined operations.
- Reduced marketing
costs.
So,
how much does all of this cost?
Integrated
Production Management Service fees are based on volumes and billed on
a per wellhead MMBtu basis, plus a percentage of Value Enhancements.
Our objectives are aligned in obtaining the highest possible value for
your production. When we perform well, so do you.
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