This blog post is by Zedi's Senior Regulatory Compliance Lead, Raffi Barsoumian
It’s that time of the year again; no, not taxes, EPAP. Are you ready? Do you have a method or a process in place? Although there are many steps involved, the following will give you a glimpse of what an effective EPAP process looks like.
- Examples of items on the field audit would be asking for the complete listing of all meters at a facility with their calibration and proving dates, another one would be to ask for a copy of the SOP (Standard Operating Procedures) for testing certain wells at a prorated facility.
- Examples of items on the Production Accounting audit would be asking for truck tickets for a certain disposition and comparing the numbers against FDC and Petrinex numbers. Reviewing Petrinex Infrastructure and volumetric data for a certain facility and comparing against the schematics for that facility, paying special attention to delineation and measurement points.