GreaseBook Production Software

The price of oil is volatile but the accuracy of your project costs should not be. Resource Energy Solutions' Authorization for Expenditure (AFE) Manager is designed to streamline budget creation, and facilitate cost tracking and expenditure approvals. AFEs can be generated quickly by using standardized drop-down menus, copy and pasting from spreadsheets, and linking electronic supporting documents. With AFE Manager's ability to adapt spending authorization to your company's hierarchical structure, protect yourself from cost overruns and unauthorized spending. Easily manage information for joint operating ventures. Wellman integrates with AFE Manager, combining to form an end-to-end system covering all the activities of in-field cost tracking, budgeting, and expenditure authorization procedures during the entire life cycle of the project. It helps identify bottlenecks and gives management the information needed to take action quickly.