From Wellhead to Refinery.
Every Barrel. Every Dollar.
JIB disputes, production accounting errors, and hedge portfolio misalignment drain billions from oil and gas profitability. ProfitGuard delivers purpose-built analytics for upstream, midstream, and downstream operations — COPAS-aware and commodity-native.
Oil & Gas Profit Challenges We Solve
Joint Interest Billing (JIB) Disputes
15-25% of JIB charges disputed annuallyNon-operators routinely challenge 15-25% of JIB charges. Inaccurate overhead allocations, unauthorized AFE overruns, and duplicate charges create multi-million dollar disputes.
Production Volume Accounting Errors
0.5-2% production revenue discrepancyMeasurement inaccuracy, allocation methodology disputes, and pipeline imbalances create revenue discrepancies of 0.5-2% of production value — $50M+ at scale.
Commodity Price Risk Exposure
$100M+ hedge portfolio misalignment exposureHedging effectiveness, basis risk, and mark-to-market volatility require real-time visibility. Misaligned hedge ratios and expired positions create unintended P&L exposure.
HSE & Decommissioning Costs
$30B+ industry-wide ARO under-provisioningAsset retirement obligations (ARO), environmental remediation provisions, and carbon compliance costs are frequently under-provisioned, creating material balance sheet risk.
Purpose-Built for Oil & Gas
JIB & AFE Cost Intelligence
AI-powered audit of every Joint Interest Billing charge and Authority for Expenditure. Catches duplicate charges, unauthorized costs, and overhead allocation errors automatically.
Production Accounting Analytics
End-to-end production accounting validation — from wellhead measurement to sales point allocation. Catches volume imbalances, allocation errors, and royalty miscalculations.
Commodity Risk & Hedging Analytics
Real-time commodity portfolio visibility with hedge effectiveness monitoring, basis risk analytics, and IFRS 9/ASC 815 hedge accounting compliance automation.
HSE Cost & ARO Intelligence
Environmental, health, safety, and decommissioning cost analytics that ensure adequate provisioning while optimizing spend across the asset portfolio.
Major US Independent E&P Company
Challenge
Operating as non-operator in 200+ joint ventures across 5 basins. JIB audit coverage at only 8% of charges. Estimated $12M annually in unchallenged overcharges.
Solution
Deployed ProfitGuard's JIB & AFE Cost Intelligence across all JV interests, automated 100% JIB charge analysis against COPAS guidelines and operating agreements.
Results Achieved
Protect Every Barrel of Profit.
COPAS-aware. Commodity-native. Purpose-built for oil and gas. See your JIB exposure in days, not months.