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Unite Accounting Operations

Gain a single view into capital expenditures, partner transactions, royalty payments, and profitability activity across the entire energy value chain.

Rely on purpose-built accounting for energy companies.

Why use generic software when you can entrust your business to purpose-built accounting for energy companies? With 20 years of industry experience, Quorum understands your business like no one else.

200+ Leading O&G companies use myQuorum for operational accounting
150k+ Wells across the U.S. are accounted for using myQuorum
85% Faster approvals for AFEs and invoices, in seconds not minutes

Resources

Features

Unite operations with integrated, end-to-end energy accounting across the entire energy value chain.

Revenue Accounting

Revenue Accounting

Automatically calculate
and distribute values,
taxes, and adjustments
to owners.

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Division Order

Division Order Disbursements

Maintain ownership within a property using the full title DOI and track changes over time with effective-dated history.

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Cost Accounting

Revenue Cost Accounting Software

Manage assets, capital expenditures, monitor and approve project budgets, track and bill partners, and view well profitability.

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Authorization for Expenditure

Accounting Software AFE

Prepare cost estimates,
approve AFEs, and monitor project budgets from any device with myQuorum AFE.

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Joint Interest Billing

Accounting Software Joint Interest Billing

Monitor shared profits and expenses over the course of a project, and compile automated billing statements for partners.

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Financial Accounting

Financial Accounting Software

Integrate G/L, AP and AR with other accounting functions for a powerful combined single-source accounting solution.

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Reporting & Compliance

Reporting Compliance

Generate built-in, ad hoc, or custom reports to view and present financial and regulatory data to stakeholders and other groups.

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Outsourcing

Outsourcing for Oil & Gas Automation Software

Complete oil & gas accounting and administrative services supported by state-of-the-art software and experienced personnel.

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Benefits

Calculate and control project costs from any device. Real-time budgeting and reports help you manage current and plan future projects and partnerships.

“I think myQuorum is the easiest system to use, especially to get my data and run reports. It’s very user friendly.”

Kelly Davis, Controller, Camino Natural Resources

Learn how to gain a single view into accounting operations.

Read the product overview

We power it all with a purpose-built platform.

myQuorum is the industry-leading, cloud-based, software platform empowering companies to meet their long-term goals. It uses familiar Microsoft technologies; enables enterprise integration; drives faster deployment; and gives you access to clean, consistent, and consumable data; so you can:

Make decisions faster and confidently.

Collaborate more effectively.

Empower your users.

Lower your IT overhead.

Reduce workforce transition costs.

Enhance efficiency. Mitigate risk. Improve your bottom line.

From exploration to distribution, Quorum transforms every step of the energy value chain.

Start your company’s next evolution.

Talk to our sales team to explore why Quorum is right for your energy business.

Schedule a demo