Program converts paper invoices to electronic format
OpenInvoice Image expands the capability of this software solutions company's OpenInvoice technology.
The firm's OpenInvoice Professional product automates the process of invoice generation, receipt, adjudication, and approval and streamlines traditional labor-intensive paper-based work flow processes.
In addition, detailed spending data acquired through the invoice process can be analyzed to identify inefficiencies and enable improved operational performance.
OpenInvoice Image, an add-on module, enables the operating company to use the OpenInvoice work flow engine—even for those invoices that are still submitted manually.
By converting the paper invoice to a digital image through the OpenInvoice Image module, the same processing, routing, and approval work flows that OpenInvoice Professional users have for processing electronic invoices are now available for paper invoices as well. In addition, cost categorization can be applied to the paper invoices, allowing an operating company immediately to analyze 100% of their spending.
Using OpenInvoice Image, users now have a single method for processing all incoming invoices, whether paper or electronic.
This provides a seamless transition as suppliers and operators move from paper-based invoicing to electronic invoicing.
Paper invoices and field tickets are scanned and converted to digital invoices before being routed to specific company departments or individuals.
After coding and approval, the invoice information is uploaded directly into the operating company's financial system for settlement.
Source: Digital Oilfield Inc., Suite 1910, 530-8 Ave. SW. Calgary, Alta. T28 3S8.
New clear water drilling fluid clay-free
Baroid CRYSTAL-DRIL clear water drilling fluid is a new clay-free system designed to inhibit reactive bentonitic shales, eliminate bit balling, and enhance penetration rates.
A CRYSTAL-DRIL system can be formulated with fresh water, brine, or produced water.
On the wells drilled using the product, the CRYSTAL-DRIL system consistently has decreased drilling days and provided a gauge hole, helping to lower operational costs, the firm points out.
The company says that two operators have reported an average reduction of 20% in open hole logging costs, especially in coalbed methane wells, due to better wellbore stability.
In addition, cementing costs dropped by 15% for one operator due to the gauge hole typically produced by drilling with the CRYSTAL-DRIL system.
Fine solids settle rapidly because of the system's increased flocculation strength, helping to maintain low fluid densities and high performance drilling conditions.
Source: Halliburton Energy Services, Box 3, Houston, TX 77001.
New firm offers ball valves
Velan Srl is a new joint venture company established to manufacture API 6A and 6D trunnion-mounted ball valves for pipelines and offshore platforms.
The new Mezzago, Italy, firm's product line includes bolted body, welded body, and top entry 6D valves in sizes 1-64 in. (25-1,600 mm) and ASME pressure classes 150-2,500 for a variety of standard and severe services, including cryogenic, offshore, underwater, and underground.
Bolted body and top entry 6A ball valves are available in an API 2,000-15,000 psi range.
Source: Velan Srl, c/o Velan Inc., 7007 Côte de Liesse, Montreal, QC H4T 1G2, Canada.
Diesel fuel analyzer line expanded
The CFR (cooperative fuel research) product line has been expanded with the introduction of a fuel ignition tester (FIT) instrument used to determine the ignition delay and derived cetane number of diesel fuel quickly.
The CFR line is suited for refinery use, and the company says it also has applications in smaller lab environments such as at state regulatory agencies.
Using an advanced constant volume combustion chamber equipped with sensors that collect data during the ignition and combustion phase, the FIT is designed and optimized to simulate the conditions of the combustion process of a diesel engine. The instrument's electronics and process control software enables automatic operation to determine the cetane number with accuracy and repeatability, the firm says.
Source: Waukesha Engine, Dresser Inc., 1000 W. St. Paul Ave., Waukesha, WI 53188-4999.
Lightweight cement system for coalbed methane wells
New LiteCRETE CBM system helps cement coalbed methane wells.
The lightweight, high performance cementing system provides production-quality cement properties and prevents loss circulation in coal seams during cementing operations.
LiteCRETE CBM exerts lower pressure on the coalbed—preventing breakdown. It also prevents flow into fractures and fissures because it contains special fibers that bridge against these openings and prevent slurry losses.
Source: Schlumberger Oilfield Services, 300 Schlumberger Drive, Sugar Land, TX 77478.
Land, lease management software updated
New Version 3.0 of Quorum Land software includes a built-in tool that allows users to import, validate, and upload acquired land data into their Quorum Land software.
Quorum Land helps streamline the industry's land and lease management processes.
Other enhancements include the addition and integration of the Quorum Site Assessment module that facilitates tracking and management of environmental, ecological, and safety assessment data and associates it with the correct property within Quorum Land.
Further enhancements have been made to the agreement data sheet as well as to expand the mass changes functionality.
Source: Quorum Business Solutions Inc., 2929 Briarpark Drive, Suite 215, Houston, TX 77042.
