Proactive license governance and administration

To keep up with the growing global demand for hydrocarbon resources, countries with large oil & gas reserves are continuously looking for ways to tap into their hydrocarbon potential; either by partnering with state oil companies or establishing agreements with national or international oil companies.

 

Such countries realize the financial benefits of oil & gas production and the impact of it on their economic and social development. While the desire for socio-economic progress drives a country's decision to develop its subsurface resources; it is important to understand that doing so is a complex process and only the first step towards becoming an efficient oil & gas producing nation.

 

An effective hydrocarbon development policy not only relies on a country's oil & gas reserves and the ability to exploit it but also takes into account the framework used to manage the process of licensing and administering oil & gas exploration and production activities.

 

An effective licensing and administration framework for oil & gas exploration and production not only ensures credibility but also attracts interest and potential business for a country's E&P industry at a local as well as an international level.

 

LMKR's Concession Management System (CMS) is a web-based license governance and administration application that automates the process of managing petroleum concession agreements/contracts, lease statistics and operator/contractor information for governments and oil & gas regulatory agencies.



Initiate Contracts with Ease

The application's contract initiation workflow takes a more holistic approach towards managing the various elements of this process, as it automates the effort required to manage and track bids, applications and commitments submitted by E&P operators to government or oil & gas regulatory agencies.


Effective Concession and Contract Management

CMS enables government agencies to effectively manage concessions, leases and fields. E&P operators can use this application to submit discharges against commitments as well as expense details and production information on a daily and monthly basis.


Unparalleled Financial Management

The application's financial management feature enables government agencies to calculate payables such as royalty and bonus on production, yearly rent and if required late fee/penalty payments due from E&P operators. Additionally, the application also supports the payment collection process by generating alerts/notifications in advance for upcoming payments along with managing payment history for each operator.


Built-in Reports for Up-to-Date Information

The application's reporting tool allows for government agencies to generate detailed financial, production and progress information reports. Such reports provide decision makers with up-to-date information for making informed assessments.


Role-based Transparency and Control

The CMS dashboard provides users with a simple but extensive view into the data associated with their role. For government agencies, this translates into an overall summary of activities within a country's E&P industry. For an E&P operator, the dashboard summarizes activities associated with that operator only.

Hardware Requirements
Application, database & backup servers

  • 3 x Intel Core i7-2600K Processor
  • 8M Cache, 3.40 GHz
  • 16GB Memory
  • 500GB Hard disk


Software Requirements

  • Red Hat Enterprise Linux 6.0
  • JRE 1.5
  • PostgreSQL 1.6.3
  • Jboss-4.0.5.GA
  • Internet Explorer 7.0 or higher