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First Purchaser

An end-to-end solution for first purchasers from producer settlement terms, ticketing and settlement, distributions, severance tax calculation, reporting, and more!

Purpose-Built Functions for First Purchasers

Eliminate off-system processes by using in-system functionality that is proven to handle even your most complex settlement terms.

Revenue Accounting

Revenue Accounting

Automate all of your crude accounting needs with myQuorum Revenue Accounting.

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Division Order

Division Order Disbursements

Rethink the way you maintain property ownership using the full title DOI track changes over time.

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Crude Transportation

Crude Management for Oil Field Software

Consolidate scheduling, accounting, and shipper communication for pipeline and terminal operators.

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Outsourcing for Oil & Gas Automation Software

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

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Enterprise Benefits

Tickets & Actuals

Capture tickets from custody transfer points, including volumes, tank gauges, temperature, gravity, and BS&W.

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Settlement Valuation, Distribution & Check Write

Settle on complex commercial terms that include bonuses and deductions based on ticket quality and quantity. Distribute revenues through the divisions of interest and process checks with state/federal withholding.

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Regulatory Reporting

Benefit from standard regulatory, royalty, tax, and volumetric reports, as well as ad-hoc reporting.

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