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Total Asset Manager

Total Asset Manager

Overview

What is Total Asset Manager?

Total Asset Manager is a web-based oil and gas software platform developed by Total Stream Systems, LLC. According to the vendor, it aims to provide consistent and accurate information about drilling, land, production, economics, and accounting to any applications within an organization. The software...

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Pricing

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Basic

$3,000

Cloud
per month

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Details

What is Total Asset Manager?

Total Asset Manager is a web-based oil and gas software platform developed by Total Stream Systems, LLC. According to the vendor, it aims to provide consistent and accurate information about drilling, land, production, economics, and accounting to any applications within an organization. The software is designed for companies of all sizes operating in the oil and gas industry. It is utilized by various professionals and industries, including oil and gas professionals, petroleum engineers, operations managers, financial analysts, and production accountants.

Key Features

Drilling & Wellwork: According to the vendor, Total Asset Manager offers comprehensive daily reporting for drilling, completion, and wellwork activities. It allows for integrated daily costs capturing against AFE budgets and supports remote location field capture. The software also provides graphical reporting displays such as depth vs days and cost vs depth, along with survey-in-survey calculations and wellbore diagram capabilities.

Production: The vendor states that users can configure production operations requirements and track well bore histories and activities using Total Asset Manager. It facilitates the monitoring of daily gross/net production volumes for oil, gas, condensate, water, and drip gas, and includes features such as sales reconciliation and reservoir group production data integration for forecasting. The software also offers performance alerting, downtime tracking, and the ability to import and handle non-op values.

Daily Gauge Sheet System: Total Asset Manager includes a versatile oil field data capture system that allows pumpers to report well statistics back to the office using Microsoft Excel. According to the vendor, it offers offline entry and viewing, simple submission via email, and the ability to add new wells, meters, and tanks mid-month to the spreadsheet. This feature supports multiple meter types, tank inventory, and run tickets, and can be accessed via any device that handles MS Excel spreadsheets.

AFE & Scheduler: The AFE & Scheduler feature aims to streamline AFE construction and approval processes, as well as the scheduling of rigs and work crews. According to the vendor, it unifies required approval processes and integrates with tasks and resources. Users can tie individual AFEs to capital project initiatives and benefit from real-time scheduling of rigs and tasks. The software provides a user-friendly interface for composite rig schedules, dashboard display of AFE documents, and AFE division of interest management.

Finance: According to the vendor, Total Asset Manager offers real-time knowledge from multiple sources, including accounting and ERP systems. It allows users to create specific criteria for historical and future planning and generate P/L statements, cash flow, and income reporting for operations. Financial data can be analyzed by asset, account code, account, or service date, and users can drill down to transaction level on LOE reports. The software also provides customizable reports, dashboards, and preset reporting options.

Equipment: With the Equipment feature, users can track and keep records of every equipment item at every asset location. According to the vendor, it allows for easy location, purchase, transfer, and sale of equipment items by well, inventory yard, lease, and more. The feature provides district-defined permissions, field-accessible inventory, and the ability to specify condition, costs, required maintenance, or any other desired information. Total Asset Manager also offers quantified and serialized equipment tracking, along with the ability to import and export data to other systems.

SCADA Alert System: Total Asset Manager includes a real-time SCADA Alert System that enables users to monitor well performance and set alerts based on customized parameters. According to the vendor, the system provides variance analysis for flow rates and production, hourly or daily production reports, and the ability to view volumes from a pumper's route perspective. It allows for monitoring various data types, including volumes, pressures, and temperatures, and aims to facilitate increased production efficiency, reduced downtime, and accurate production data for predicting well failure trends.

Total Asset Manager Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based, Windows
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