| For the Operating Company |
| Type of Company |
Form of Collaboration |
Benefits |
Majority owner of JV, legal operator |
Shares data with minority parteners |
- Reduces cost of supporting JV reporting obligations
- Reduces security vulnerability with single data pipeline to all partners
- Avoids investment in in-house systems
|
| For the Non-Operating Company |
| Type of Company |
Form of Collaboration |
Benefits |
Minority owner of JV, non-operator |
Receives data from legal operator |
- Accounts daily for all production (operated and allocated)
- Reconciles actual production vs nominations
|
Majority owner, contracted-out operation |
Receives data from contract operator |
- Optimizes operating conditions in real-time
- Accounts daily for all production (operated and allocated)
- Reconciles actual production vs nominations
|
Majority owner, contracted out IT support from nearby operating company |
Receives data from nearby operator |
- Reduces cost of building dedicated communications infrastructure
- Reduces IT support cost
|