Automated transfer of cash calls and billings

About

Designed to transfer billings and cash calls in digital format between operators and partners of a joint venture

License2Share will hold the data in a readable format for auditing purposes, and it can easily be expanded to other financial data to be reported to partners or authorities.

The digital files need to comply with the Digital standard for cash call and billing, developed by major operators on the Norwegian Continental Shelf in 2019. The digital standard is maintained by a reference group.

✓  Decommissioning
✓  Development
✓  Exploration
✓  Operations
✕  Pre-award

Benefits

Automated receipt of cash calls and billings

Allows the partners to automate the process of receiving cash calls and billings, and import the figures directly into own systems.

Allows the operators to automate the process of sharing cash calls and billings with their partners.

Partners can find and download files from License2Share if the process has not yet been automated.

License2Share will hold the data in readable format for auditing purposes.


FAQ

Where can I find the digital standard?

The digital standard is shared upon request to Norwegian Oil and Gas. See contact details below.

Help and support

Support

Monday – Friday
(08:00 – 16:00)

License2Share super users from the company can contact License2Share service desk via phone, e-mail or service portal.

Service

Marit Bjordal
E&P/Joint Venture Management Team Lead