Authorization for Expenditure Pro provides a centralized, accessible
location for the preparation and storage of AFE’s. Related drilling,
completions, facility and accounting information including detail cost
estimates, mail ballots, operations notices, partner approval and accounting
actuals are all tracked within the AFE Pro software module.
This gives users a central location that can be queried by all
Data Input Administrators can readily identify and prioritize time sensitive Mail Ballots and Independent Operations Notices. Surface and Mineral Land groups can track all of their project specific data from encumbrances to reclamations. Engineering Supervisors can track and manage Capital Commitments with reports by individual project, company, area, team, AFE type, commitment status or project manager.
AFE Pro At a Glance
- Interfaces with AFELink for quick turnaround of partner projects
- Electronic approval routing allows a quick turnaround for key projects
- Electronic notification for users who are next in line to approve with a direct link to the AFE
- Monitor mail ballots and independent operations notices by red flagging the projects that are due within a timeline specified by the client
- Review process allows the project to be evaluated before sending for approval
- Unlimited supporting documentation directly linked to each project
- Save data as Excel or PDF from any system generated report
- Life to date and financial actuals (either scheduled or real time)
- Scheduled reporting allows decision makers to have information at their fingertips
- Cost estimate calculator and comments per line item
- View all iterations of the AFE at any point in time
- Integrate with other industry standard systems for the purposes of sharing data and minimizing re-keying of information
We implemented TASC AFE Pro company-wide at inception and it has been a key part of our efficient work flow as our activity level has increased and our company has grown. The customer service provided by the TASC team is always excellent, and the TASC team has been very responsive to our requests for customization to suit our specific needs.
President & CEO Private Junior Oil & Gas Producer
I have worked with several different software programs during my career in the oil and gas industry. The level of customer service provided by the staff at TASC is truly top-notch. I never had to wait more than a few hours for a response from their help desk and they always solved my issues in a timely manner (usually within 24 hours). TASC knows their product inside out and as a result offers true customization; we had them tailor fields and form content based on our needs, as well as build special reports, all at a very reasonable cost. It was a pleasure working with the team at TASC and I would not hesitate recommending this product to others.
Heather Hill Mid-size Oil & Gas Producer