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Intelligent Gas Balancing

 A data community designed for the management, distribution, and analysis of Gas Balancing data.

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Problem Statement

Gas Balancing is a complex, labor and knowledge intensive process that is often overlooked, undermanaged, and poorly understood despite being a core function of Upstream Revenue Accounting and the bridge between Revenue and Joint Interest billing.

1

iGB Statement

iGB Statement enables Operators to maintain compliance with Operating Agreements by distributing monthly Gas Balancing statements to all owners. This is achieved by simply dropping a file to iGB and we handle all notifications, user registration and troubleshooting allowing your team to focus on delivering value.

2

iGB Decimal

Compelling Gas Balances to get closer to zero can be an exhausting and frustrating task. You configure rates, thresholds, keep whole and swing parties and then let iGB Decimal do the hard work to get your balances to zero.

3

iGB Alerts

iGB Alerts are a high-demand solution to many Gas Balancing challenges. Get notified when you have a new non-operated well, ownership changes, wells cease to produce and anything else you desire. Alerts drive effective and focused Gas Balancing management.

Need a one-page Product Summary to show your team?

See Product Summary

Oil & Gas Operators have a contractual obligation to provide Gas Balancing statements to Owners. This requirement is typically considered low-value-adding but remains time-consuming and requires significant resources.

Download our product summary to show your team what we can do for you.

Benefits

iGB is the industry solution for all Gas Balancing needs. It is unmatched in its technology, features and usability. Most importantly, it is supported by industry professionals with 20 years of Gas Balancing experience

iGB was designed with big data, analytical power and performance at the forefront and our users will attest to it!

  • Latest technology stack
  • Fast performance
  • AWS
Get Started Today

iGB is the only Gas Balancing product on the market backed by 20+ years of actual Gas Balancing & Upstream Accounting experience and it shows. We love to talk shop!

  • 20 years industry knowledge
  • Designed by a Gas Balancing export
Get Started Today

iGB is the only Gas Balancing product on the market backed by 20+ years of actual Gas Balancing & Upstream Accounting experience and it shows. We love to talk shop!

  • 20 years industry knowledge
  • Designed by a Gas Balancing export
Get Started Today

With the power of our premium technology, iGB packs a punch when it comes to analytics. Generate analytical reports with a single click.

  • Close Report
  • API Cross Referencing
  • Ask how we can leverage Alteryx with iGB!
Get Started Today

The Gas Balancing Exhibit to the Joint Operating Agreement requires the Operator to publish monthly Gas Balancing statements to Owners. Simply drop us a file and we will take care of the rest!

  • No more printing & mailing
  • See a file audit report after it processes
  • iGB user management
Get Started Today

Modern Technology

iGB was designed with big data, analytical power and performance at the forefront and our users will attest to it!

  • Latest technology stack
  • Fast performance
  • AWS
Get Started Today

Knowledge support

iGB is the only Gas Balancing product on the market backed by 20+ years of actual Gas Balancing & Upstream Accounting experience and it shows. We love to talk shop!

  • 20 years industry knowledge
  • Designed by a Gas Balancing export
Get Started Today

Ease of reporting

iGB is the only Gas Balancing product on the market backed by 20+ years of actual Gas Balancing & Upstream Accounting experience and it shows. We love to talk shop!

  • 20 years industry knowledge
  • Designed by a Gas Balancing export
Get Started Today

Analytics

With the power of our premium technology, iGB packs a punch when it comes to analytics. Generate analytical reports with a single click.

  • Close Report
  • API Cross Referencing
  • Ask how we can leverage Alteryx with iGB!
Get Started Today

Contract Compliance

The Gas Balancing Exhibit to the Joint Operating Agreement requires the Operator to publish monthly Gas Balancing statements to Owners. Simply drop us a file and we will take care of the rest!

  • No more printing & mailing
  • See a file audit report after it processes
  • iGB user management
Get Started Today

Features

Senders

Operators

Gas Balancing Statement – Distribution

  • Capitalize will intake your raw data file, transform it into industry standard statements, & communicate with and support your Owners during and after the registration process. tracking syncs across multiple platforms.
  • Bring your historical data with you. Ask us about historical data promotions!

iGB Decimal

A balancing decimal calculator with perfectionist tendencies.

iGB Decimal calculates decimals for nominations or allocations to get you to zero (balanced!) but not beyond. You can configure rates, thresholds, keep whole and swing parties to get your balances under control.

API matching functionality

iGB Roadmap includes an API cross-reference solution to obtain your Non-Operated statements by API rather than by third party identifiers. This creates days of additional time savings.

Receivers

Operators / Owners / Marketers / Agents

Gas Balancing Statement – Management

Owners can login and download statements for analysis and period end close activities.

  • + Unlimited CSV Downloads + Latest Report
  • Manual Inputs + Statement Pursuit
  • Scheduled Delivery

Latest report

The only report you’ll ever need

iGB offers a custom report that contains the Latest revision of the Latest sales date for all statements in the Capitalize inventory. This expedited means to obtain all that is needed for period-end close or A&D analysis allows analysts to refocus on delivering value to the organization.

API matching functionality

Be alerted when trends change, new properties are reported, or balancing requires attention. With Alerts, users go from looking at a PDF to active engagement driving increased value through your organization.

Business Case

*based on Operator with wellhead Gas Balancing across 800 owners and 400 non-Operated wellhead Gas Balancing statements across 10 other Operators

If your Non-Operated portfolio is comprised of more than 200 wells, you are under-served by hosting your Gas Balancing statements elsewhere.

The effort to gather and prepare this information manually defers value-added analysis until time runs out each month. Capitalize Consulting’s iGB takes all the tedious work out of Non-Operated Gas Balancing management.

Download

Start Your Free Trial

Our Business Case is hard to beat in cost savings and delivering value. Download our Business Case below.

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Additional Services

At Capitalize & iGB we offer everything you need to manage your Gas Balances from first sales delivery to plug and abandonment cash settlement. We really can do it all and we enjoy it!

Contact Us

Due Diligence for Acquisition and/or Divestment

Let iGB staff handle your due diligence analysis, system setups or end-dates, and reconciliations related to A&D activity.

Gas Balancing Accounting, Full Service

Let iGB staff handle your due diligence analysis, system setups or end-dates, and reconciliations related to A&D activity.

Onboarding, Training & Best Practices

iGB provides training to anyone from new hires to experienced professionals, Have we mentioned we love to talk shop?

Settlement Valuation & Facilitation

When any well ceases to produce, there is an obligation by the Operator to facilitate a valuation and cash settlement of any residual Gas Balance. Did you know the industry, in general, does not do this? There is revenue due to you and we can find it.

Marketing Letter Management

If your organization has elected to market for other owners, the management of these agreements can be taxing. Let us facilitate this process for you!

Process Optimization

iGB will review your existing processes and offer ways to leverage skills, reduce costs and increase revenues.

After 20+ years in the industry and obtaining a view from Accounting, Marketing, Midstream, as well as SaaS and Product Ownership, my frustration maxed out.  As one of the most overlooked and misunderstood processes in the Gas Revenue Value Chain, it seemed my former boss was correct… ‘No one cares about Gas Balancing’.

Except me. I care. I love Gas Balancing. I see the tremendous value potential and I enjoy the challenges it relentlessly brings to the table.”

Hallye Shrum

Creator of IGB

Download our assets

For your convenience, we have several assets you can download in order to share the benefits of iGB with your organization and contacts.

Product summary

The only report you’ll ever need

iGB offers a custom report that contains the Latest revision of the Latest sales date for all statements in the Capitalize inventory. This expedited means to obtain all that is needed for period-end close or A&D analysis allows analysts to refocus on delivering value to the organization.

Download

Business case

*based on Operator with wellhead Gas Balancing across 800 owners and 400 non-Operated wellhead Gas Balancing statements across 10 other Operators

If your Non-Operated portfolio is comprised of more than 200 wells, you are under-served by hosting your Gas Balancing statements elsewhere.

Download

What our clients have to say

“Amazon’s complicated marketplace can only be navigated by a team that has the expertise, experience, and tools to do so. TLG has increased our market share and launched new products on our behalf.”

Matt Guthartz, President, Steve Madden

Learn More
Unauthorized Sellers Removed
0 %
YoY Increase
0 %
Revenue forecasted
$ 0 M

“Amazon’s complicated marketplace can only be navigated by a team that has the expertise, experience, and tools to do so. TLG has increased our market share and launched new products on our behalf.”

Matt Guthartz, President, Steve Madden

Learn More
Unauthorized Sellers Removed
0 %
YoY Increase
0 %
Revenue forecasted
$ 0 M

“Amazon’s complicated marketplace can only be navigated by a team that has the expertise, experience, and tools to do so. TLG has increased our market share and launched new products on our behalf.”

Matt Guthartz, President, Steve Madden

Learn More
Unauthorized Sellers Removed
0 %
YoY Increase
0 %
Revenue forecasted
$ 0 M

Compare our plans and find yours

Simple, transparent pricing that grows with you.

Get in Touch

Basic

Business

Enterprise

Basic features for up to 10 employees with everything you need.

Advanced features and reporting, better workflows and automation.

Personalised service and enterprise security for large teams.

Overview

Basic features

Users

10

20

Unlimited

Individual data

20GB

40GB

Unlimited

Support

Automated workflows

—

200+ integrations

—

Reporting and analytics

Analytics

Basic

Advanced

Advanced

Export reports

Scheduled reports

API accesss

—

Advanced reports

—

Saved reports

—

Customer properties

—

—

Custom fields

—

—

Basic

Basic features for up to 10 employees with everything you need.

Overview

Basic features

Users

10 users

Individual data

20GB

Support

Automated workflows

—

200+ integrations

—

Reporting and analytics

Analytics

Basic

Export reports

Scheduled reports

API accesss

—

Advanced reports

—

Saved reports

—

Customer properties

—

Custom fields

—

User access

SSO/SAML authentication

Advanced permissions

—

Audit log

—

Data history

—

Business

Advanced features and reporting, better workflows and automation.

Overview

Basic features

Users

20 users

Individual data

40GB

Support

Automated workflows

200+ integrations

Reporting and analytics

Analytics

Advanced

Export reports

Scheduled reports

API accesss

Advanced reports

Saved reports

Customer properties

—

Custom fields

—

User access

SSO/SAML authentication

Advanced permissions

—

Audit log

—

Data history

—

Enterprise

Personalised service and enterprise security for large teams.

Overview

Basic features

Users

Unlimited

Individual data

Unlimited

Support

Automated workflows

200+ integrations

Reporting and analytics

Analytics

Advanced

Export reports

Scheduled reports

API accesss

Advanced reports

Saved reports

Customer properties

Custom fields

User access

SSO/SAML authentication

Advanced permissions

Audit log

Data history

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alteryx
power-bi
snowflake
tableau
IBM-cognos
workday
data-robot
dremio
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Contact Us

Interested in learning how iGB can work for you? Reach out to our team at igb@capitalizeconsulting.com to learn how you can get started for free!

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