Oil & GasUpstream
Upstream Oil & Gas

Revenue, Billing & Balancing: Processed at Scale.

IMTS delivers managed back-office data processing for upstream E&P operators: Revenue (CDEX) accounting, joint interest billing, Gas Balancing, and the document workflows that keep finance running. These are not problems you can hand to a generic automation tool. The variance in formats, the operator-specific rules, and the volume of edge cases require people who have done this work before.

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Core Upstream Services

REV

Revenue Accounting

CDEX check stub processing & royalty disbursement

 JIB

Joint Interest Billing

Daily invoice processing & cost allocation

 GAS

Gas Balancing

Partner statements & imbalance tracking
M+
Revenue lines processed monthly
100K+
JIB invoice lines monthly
9
Upstream service lines
L1
Customer support tier
Service 01: CDEX

Revenue Accounting &
Royalty Disbursement

Electronic revenue check stub (CDEX) processing: import from any file format, validate, and deliver load-ready output. Errors eliminated before import; no manual data entry.

Electronic import from multiple formats
Double OCR validation on scanned files
Owner share & deduction line validation
Millions of lines processed monthly
Load-ready output for your ERP
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CDEX Processing QueueLive
Purchaser A: March RevenueValidating
Purchaser B: Check StubsOCR Review
Purchaser C: Royalty RunLoad Ready
Purchaser D: Deduction LinesApproved

Processing Volume

CDEX
92%
OCR QA
88%
Validate
95%
M+

Revenue lines processed monthly with validation at every step

Service 02: JIB

Joint Interest
Billing

Aggregated daily invoices and allocation: error-free entry at lower cost than manual workflows.

Vendor invoice capture & allocation
Electronic or scanned PDF intake
COPAS-compliant processing
Hundreds of thousands of lines monthly
Double OCR validation on scanned files
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JIB Processing SummaryToday
847
Invoices today
99.2%
Accuracy rate
Vendor A: Drilling costsAllocated
Vendor B: Workover invoiceReview
Vendor C: FacilitiesLoad Ready
Vendor D: CompressionApproved

Daily Processing

94%
Service 03: Gas Balancing

Gas Balancing &
Partner Statements

Track variance between entitled and actual gas volumes to manage partner imbalances: accurate allocation with clear dispute reduction.

Monthly statement processing
Cumulative imbalance tracking
Cash-out & in-kind resolution
Thousands of statements monthly
Allocation vs. take reconciliation
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Gas Balance SummarySynced
12
Active meters
8
WI partners
Meter A: March allocationBalanced
Partner B: ImbalanceReview
Partner C: StatementIssued
Cash-out resolutionComplete

Statement Completion

96%
Revenue Processing Pipeline

From Check Stub to Load-Ready: Validated at Every Step.

Import
Electronic or scanned PDF
OCR
Double OCR validation
Validate
Amount & line checks
QA Review
Database cross-check
Load
Client-ready output
M+
Lines processed monthly
2x
OCR validation pass
0
Manual data entry required
FTP
Flexible file intake
Additional Upstream Services

Six More Service Lines for E&P Operators.

Invoice Indexing
Extract invoice data into structured, searchable formats for upstream AP workflows: eliminates manual document search and enables audit-ready traceability.
Division Order
Capture well ownership details from Division Orders and generate structured data for upload into client systems: accurate ownership mapping and reduced allocation errors.
Shape Files
Generate drawings and shapefiles using section/block information from Division Orders for seamless upload into client GIS or ERP systems.
Well Path Data
Process and validate directional survey data: assists clients in maintaining accurate well records.
Field Tickets
Process field ticket data capturing operational activity at the wellsite: indexed, validated, and routed for billing and cost allocation.
Customer Support (Level 1)
First-level client support for upstream back-office operations and data processing queries.
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Upstream Service Coverage9 Services

Monthly Processing Volume

W-01
W-02
W-03
W-04
W-05
W-06
M+
Revenue Lines
100K+
JIB Lines
1000s
Statements
Get Started

Scale Your Upstream Back Office.

Talk to IMTS about Revenue (CDEX), JIB, Gas Balancing, and the full range of upstream data processing services.

Contact Us Explore Midstream