What if there is a company Fly By Night Oil that has suspended wells in the field near your trucked oil production. What if they skim off a cube from each of the trucked oil loads from your wells into their own truck and sell this as if it were coming from their wells. You notice that loads seem a bit smaller when they get to the sales point. But you suspect someone was not careful on their truck ticket. You dismiss any concern. What if a principal of Fly By Night Oil is working in your production accounting department. For every truck ticket that comes in, he enters only 90% of it into your production accounting system and then credits the other 10% to Fly By Night Oil. He doesn’t need a truck, he can skim with a pen or keyboard entry. You notice that the Petroleum Registry (and therefore Accumap) shows production from your wells seems a bit less than the operators enter in PVR. But you chalk it up to shrinkage or operator rounding. You ask yourself, “Does Accumap show net or raw?” Oil and gas production theft is real in our industry. At one company’s major facility we found a 14% difference between field reported oil and sales. At Proven Reserves we have experts in detecting production and reporting problems that point to theft. Let us help you with your EPAP controls reporting. ~Granger J. Low
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