Stop waiting on operators. Start driving your portfolio.
Small and mid-size non-operated E&P companies face technology challenges that enterprise software was never designed to solve. You do not control the operations. You depend on operators for data that arrives 45 to 90 days late. Your back office is lean. And every vendor wants to sell you a system built for a company ten times your size. We built our E&P practice to change that.
We Know Your World
You run a portfolio of working interests across dozens — maybe hundreds — of wells. You do not drill them. You do not operate them. But you own a piece of every one, and every month the data arrives in a flood of paper and PDFs that your team has to make sense of — typically 45 to 90 days after the activity actually occurred.
That data lag is not an inconvenience. It is a liability. When your capital is on the line, decisions made on month-old numbers are decisions made in the dark.
The JIBs come in from fifteen different operators, each with their own format. Your controller opens every one, keys the charges into a spreadsheet, checks them against the AFE, disputes the ones that look wrong, and hopes nothing slips through. Most firms simply lack the bandwidth to audit every line item — and the result is margin leakage. Overcharges, incorrect allocations, rates outside COPAS guidelines — they add up quietly, month after month.
And through all of this, your team — a controller, a land admin, maybe a revenue accountant, maybe a part-time IT person — is expected to keep the books clean, file severance taxes on time, generate investor reports, and pass the annual audit.
You are not a small company with small problems. You are a complex company with a lean team, and you need technology that gives you the same real-time visibility that the operator has — even though you do not control the wellhead.
The Non-Op Technology Gap
The technology market for E&P is built for operators. The major platforms assume you control the wellhead. Non-ops live downstream of all of that. Your data arrives secondhand — and weeks late. The industry has not built for your specific needs:
JIB Reconciliation
You receive hundreds of joint interest billings every month from multiple operators. Each one needs to be checked against the AFE or operating agreement, coded to the right well and cost center, flagged for exceptions, and approved or disputed.
Revenue Distribution
Revenue comes in from purchasers and operators, often as a lump check covering multiple properties. Your team must allocate it by well, by interest type, and by owner — and reconcile it against the division order decimal interest. Every month.
Working Interest Tracking
Your ownership changes. Acquisitions, divestitures, farmouts, pooling amendments. Your division order database needs to be current at all times because every revenue allocation and every JIB approval depends on it.
AFE Management
Operators send AFEs. You consent, non-consent, or propose alternative. Missing a deadline can mean losing participation rights or being forced-pooled. You need a system that tracks every AFE, its status, its deadline, and its economics.
Production Accounting
You need production data for your reserves, your revenue projections, your investor reporting, and your tax filings. You get production data from operators or from state regulatory databases — and it is always late, sometimes wrong, and never in the format you need.
Regulatory Compliance
Severance taxes, state reporting, 1099s, K-1s. Your obligations are real even though you do not operate the asset.
How We Help
We do not sell you an enterprise platform and hope you grow into it. We build technology that fits your scale, your team, and your workflows — today.
Automated Data Ingestion
The 45-day data lag from operators is not something you have to accept. We build pipelines that ingest operator reports, production data, and financial documents — converting static PDFs, portal exports, and check stubs into unified, real-time dashboards.
Audit-Ready Ecosystems
Margin leakage from unaudited JIBs is a solvable problem. We build AI-powered document pipelines that read every JIB line item, match charges against AFE authorities and COPAS guidelines, flag exceptions, and queue only the anomalies for human review.
Business Central for Non-Ops
Microsoft Dynamics 365 Business Central is the right financial system for non-ops in the $10M-$500M range. We configure it with oil and gas dimensions — well, AFE, working interest owner, cost category — so your GL speaks your language.
Predictive Capital Planning
AFE benchmarking should not be guesswork. We build portfolio analytics that aggregate your historical cost data across basins, operators, and well types — so when an AFE arrives for consent, you have the historical context to evaluate the operator's estimate against comparable completions.
Production Data Integration
We connect to operator portals, state regulatory databases (Texas RRC, OCC, NDIC), and purchaser systems to pull production data into your financial system automatically. One source of truth for volumes, revenue, and reserves — updated continuously.
What We Implement
| Capability | Technology | What It Does for You |
|---|---|---|
| Financial System | Business Central | Multi-entity GL, AP/AR, oil and gas dimensions, intercompany |
| JIB Processing | AI document pipeline | Extracts JIB data, maps to GL, flags exceptions |
| Revenue Allocation | Custom module | Allocates revenue by well, interest type, and owner |
| AFE Tracking | Custom application | Tracks AFEs, deadlines, consent status, economics |
| Division Order Management | Custom or integrated | Maintains decimal interests, tracks changes |
| Production Reporting | Data pipeline | Pulls volumes from operators, RRC, OCC, NDIC |
| Financial Dashboards | Power BI | Revenue, JIBs, AFEs, working interests, P&L by well |
| Tax & Compliance | Business Central + custom | Severance tax calculation, 1099s, K-1 support |
We Have Sat in Your Chair
This is not a capability we researched. We have worked inside non-operated E&P companies. We have reconciled JIBs at 2am before an audit. We have built the spreadsheet that tracks working interests across 400 wells because there was no system to do it. We have explained to an operator's accounting team why their billing does not match the operating agreement.
We built Tenfai's E&P practice because we watched non-ops get underserved by every technology vendor in the market. The big platforms ignore you because your deal size is too small. The small vendors sell you software that was modern in 2010. And the consulting firms that serve the industry send junior analysts who need you to explain what a JIB is.
That stops here.