Production allocation errors and reworks cost the energy industry millions of dollars every year. Reviewing complex facilities and production accounting software can be overwhelming and expensive.
Using machine learning and blockchain technology, ITS is currently developing a platform to disrupt the production allocation space. Our customizable platform will provide a simple and straight-forward audit pipeline for historical production data that can be extended to review current (real-time) data. Users will have the advantage of real-time feedback with features to facilitate dispute resolution.
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