Over the past 11 years, Quorum has demonstrated a track record of successfully deploying efficient, cost effective solutions that help companies meet performance goals.
The Quorum Energy Software Solution Portfolio is an enterprise wide set of integrated business software applications for companies that produce, gather, process, transport, store and market natural gas, natural gas liquids, LNG and wind generation. The inherent integration of the software solution portfolio allows the systems to work together to facilitate straight through processing. Clients may license what they currently need, and add modules as requirements evolve over time.
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Quorum Software Solutions - A to Z (alphabetical listing of Quorum software solutions)
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| Software Solution | Description |
| Authorization for Expenditure (AFE) » | Capital budget tracking to allocate approved capital budget funds to projects while maintaining solid financial controls |
| Capital Budget Tracking » | Forecast yearly capital budgets made up of individual projects, later replaced by approved AFEs for ongoing monitoring and revision of the yearly budgets |
| Contract Management » | Enterprise contract management |
| Division Order & Disbursements (DO&D) » | Manage all division order information and distribution of revenues to operators and interest owners |
| Equipment Inventory Management & Accounting » | Manage and account for lease, well and yard inventory for the upstream energy industry |
| Financial Accounting (GL, AP, AR) » | Financial accounting including general ledger, accounts receivable and payable and workflow for energy |
| Fixed Assets (FA) & Depreciation Accounting (DD&A) » | Fixed assets accounting including depreciation and inventory management (DD&A), specifically for energy |
| Gas Marketing » | Management of gas marketing lifecycle including contracts, nominations, scheduling, and accounting |
| Gathering Management » | Management of contracts, scheduling and accounting for gathering systems and intrastate, non-regulated pipelines (coordinated with TIPS) |
| Geographic Information System (GIS) » | Geographic information system (GIS) for map presentation and spatial analysis of various data sources throughout the enterprise |
| Joint Interest Billing (JIB) » | Joint interest billing accounting specifically for energy |
| Land Acquisition » | System to assist project developers to prospect and assemble control of land / property positions |
| Land Management » | Land management system including lease and related land contract and facility information for oil and gas E&P, wind generation, forestry, mining |
| LNG Management » | Manage a wide range of transactions for LNG receiving terminal facility operations |
| Natural Gas Liquids (NGL) Marketing » | Commercial natural gas liquids (NGL) marketing activities, including supply, storage, marketing, risk management and terminal services |
| PGAS Flow Measurement » | Enterprise data management software solution serving as a central repository for all volumetric and analytical measurement data, including field meter test automation |
| Pipeline Transaction Management » | Manage the entire set of interrelated business processes to support completion of transactions between pipelines and their shippers |
| Production Revenue Accounting » | Manage and account for monthly produced volumes, product sales and distribution of sales revenue to well owners |
| Right Of Way Management (ROW) » | Management of right of way contracts and obligations for pipelines and other assets |
| Royalty Management » | Royalty accounting and distribution of royalty payments for production to royalty owners |
| TIPS Gas Plant Accounting » | The recognized industry standard for managing the full set of operational and commercial transactions between natural gas processing plant operators and their customers |
| Wind Generation Management » | Addresses key business processes for acquiring, developing and operating wind generation projects |
| Multi Dimensional Reporting Solution » | A systematic, multi dimensional approach to addressing data access, display, reporting, end user ad hoc query, and executive and analytical reporting requirements |