Solutions for Finance
Where Drilling Cost Becomes
Controlled Cash Flow
The Real Problem Isn't Cost. It's Visibility.
Drilling programs generate invoices continuously.
Cementing. Directional. Mud. Rentals. Transportation. Multiple vendors. Multiple wells. Multiple cost categories.
But finance rarely sees cost in real time.
By the time a variance appears, the well may already be finished.
Finance is expected to control capital - without a live connection to execution.
Connecting Vendors Directly to the Well
In EIM, vendors don't operate outside the system.
Each vendor has their own account. They see only the wells and cost lines relevant to them. Invoices are submitted directly against structured well costs.
No detached PDFs. No unclear allocations. No manual cross-checking between systems.
When a vendor submits an invoice, it is immediately tied to the specific well, the cost category, and the related operational entry.
Structured Approval, Not Informal Forwarding
Invoice approval often happens through emails and informal escalation.
"Can you review this?" "Does this look right?" "Please confirm before we process."
Approval limits are unclear. Responsibility shifts between departments. Delays accumulate.
In EIM, every invoice follows a defined lifecycle.
At each stage, approval limits can be defined in dollar thresholds. Specific individuals are assigned responsibility. Escalation is structured. Status is visible in real time.
No invoice advances without passing the defined control layer.
Governance becomes systematic, not personality-driven.
Real-Time Cost Status at the Well Level
Finance doesn't just need total spend. They need status clarity.
On each well inside EIM, it's immediately visible which costs are invoiced, under review, disputed, approved for payment, or fully paid.
No separate reconciliation spreadsheet. No guessing which vendor payment relates to which phase of the well.
Execution cost and invoice lifecycle are visible in one place.
Capital tracking becomes structured, not reactive.
Dispute Handling Without Chaos
Invoice disputes are normal. But unmanaged disputes create friction.
Vendors don't know status. Operators lose track of context. Finance doesn't see resolution timelines.
Dispute Logged
Inside the invoice lifecycle
Communication Attached
Stays with the invoice
Notifications Triggered
Automatic daily & weekly
Resolved
Full audit trail preserved
No lost emails. No unclear resolution trail. Every invoice carries a complete history.
Controlled Cost From Field to Payment
Finance leaders are not trying to micromanage wells. They are trying to protect capital.
Vendor Connection
Structured invoice submission
Well-Level Alignment
Cost tied to execution
Approval Authority
Defined thresholds and escalation
Payment Lifecycle
End-to-end status visibility
Capital discipline does not require more spreadsheets.
It requires structure.