Production Allocation

More than any other provider in the industry, SPL has allocations down to a science—ensuring fair and equitable allocations across the asset.

Whether you are performing an allocation with our one-of-kind allocation software or are working with our team of experts as they perform allocations on your behalf, SPL ensures 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:

Protecting themselves from costly litigation with interest owners
Helping ensure compliance with the various regulatory parties
Monitoring and managing field production data
Estimating production volumes for the purpose of field simulation and reservoir management

Confidence in the accuracy of allocations and reporting is foundational to SurePhaseTM. The platform was developed by industry veterans with the interests of production allocation analysts, joint venture partners, and regulatory stakeholders in mind. SurePhase provides a remarkably efficient and intuitive user experience for the setup and processing systems, both simple and exceptionally complex across production and midstream domains. 

SurePhaseTM is at the forefront of our industry in terms of advancing the accuracy and transparency of allocations. We were the first to provide allocation software incorporating hydrocarbon phase behavior. We are continuing to lead the market with our advancements with component-based allocations across multiple product streams, GHG/Carbon allocations, and the latest industry standards and emerging governmental regulations.