TouchstoneEnergy launch Drilling & Daily Cost Tracker process

Lily Swain

Track and analyse your operational expenditure by monitoring daily costs using our Drilling and Daily Cost Tracker process.

Our business process management platform designed specifically for the Energy Sector delivers accurate and auditable daily cost tracking and analysis of all AFE (authorisation for expenditure) related activities.

The Drilling and Daily Cost Tracker process allows Cost Accountants to record and analyse operational expenditure and drilling activities on a daily basis.

From pre-mobilisation and closeout, through to Drilling, Stem Testing and Rig Decommissioning, the Drilling & Daily Cost Tracker will record, analyse and report costs for each phase of the project.

As part of the Business Management platform, it can measure operational performance against AFE Budgets with optional analysis at each project phase or Work Breakdown Structure (WBS) to provide vital predictive fore-casting and analysis of over / under spend.

The Business Management Platform and our full range of business processes are designed to work with any existing standard accounting system including Infor SunSystems, SAP, Oracle, Microsoft NAV.

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Lily Swain

Written by:

Lily Swain

Senior Marketing Executive

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