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The standard for Joint Interest Billing

EnergyLink sets the standard for joint venture data exchange with automated workflow, enhanced partner communications and data analytics.

Upload your operated JIB data into EnergyLink and send it electronically to your partners, significantly reducing the time and cost of printing, collating, and mailing. Receive discrepancy correspondence from your partners in EnergyLink where a full audit trail will help you manage these items more effectively. Utilize our AR Subledger option to help manage your joint venture accounts receivable.

Receive your non-operated JIB data electronically through EnergyLink where you can map, analyze and prepare your JIB data vouchers for direct upload into your accounting system. Our sophisticated code mapping helps you code all invoice elements and mapping is retained to eliminate future coding effort. Our innovative messaging and dispute management features help you track discrepancies with your operator.

The end result? More accurate and consistent information that will help you do your job better and faster while greatly improving your joint venture relationships.

Process

Process

  1. Operator uploads JIBs (or other JV Invoices) to EnergyLink from Accounting System. Operator can review amounts and add backup if needed.
  2. Operator releases JIBs/Other Invoices to Partners who are notified of receipt. Partner can view and print detail along with ability to map, dispute, and process detail directly into Accounting System.
  1. If necessary, Partner can correspond and/or dispute via EnergyLink.
  2. EnergyLink notifies Operator of correspondence and/or disputed amounts for resolution, allowing for additional correspondence if needed.
Demo Videos

Demo Videos

Product Overview

An introduction to Red Dog Systems and EnergyLink, a revolutionary online software solution for processing oil and gas accounting data.

Watch (4:00)

Operator

Learn how to use EnergyLink to send joint interest billings and revenue/royalty statements to all partners and owners.

Watch (3:00)

Basic Service Partner

Learn how to view and print invoices/statements at no charge. BSPs can search, sort, archive, and review the status of invoices and statements.

Watch (1:00)

Full Service Partner

Learn how to use EnergyLink to code your joint interest billings and revenue/royalty statements and create vouchers for upload to your accounting system.

Watch (4:00)

Learn More

Benefits

Operators significantly reduce their printing, collating, and mailing costs
  • No need to mail invoices to registered partners
  • EnergyLink provides mail-out invoice packages for unregistered partners, including instructions for activating their EnergyLink account
Partners automate their invoice processing
  • Use our comprehensive code mapping and create journal vouchers in the format required for your accounting system - no data manipulation needed!
Manage disputes online
  • Say goodbye to paper short pay letters
  • Partners identify disputes online
  • Partners and operators manage disputes with built-in searching and reporting
Enhanced communication
  • EnergyLink’s advanced messaging system allows operators and partners to correspond online at a property level
  • Use our inquiry tracking system to create and manage inquiry tickets
Data analysis
  • EnergyLink’s built-in trending screens, Excel reporting and dashboards provide the information you need to do your job better
Secure online repository for your data
  • Online access to backup and data - anytime, anywhere
  • Registered partners view and print invoices for free with easy access to backup from all operators in one centralized location
  • Backup stored for 7 years (4 years for unregistered partners) with the option to store longer
AR Subledger

AR Subledger

Save time and reduce outstanding receivables

EnergyLink's customized AR Subledger option combines detailed disputes from partners in EnergyLink with outstanding accounts receivable (AR) data from the operator's financial accounting system to separate disputes from other delayed payments.

  • Eliminate manually maintained and cumbersome AR reconciliation reports
  • Run real-time, up-to-date reports by partner, property or account to communicate account status, efficiently resolve disputes, and reduce receivables
  • Easily explain receivables to your management team, and other internal departments, and determine what is collectible vs. billing errors
Testimonials

Testimonials

In 2000, Talisman began to search for a tool to easily reconcile, reduce, maintain and report partner receivables. We ended up being the pilot client for the EnergyLink AR Subledger Module and have never turned back, it is heaven! I am a huge fan of AR Subledger with my 15+ years of industry experience; my staff and I are handicapped without it. I can say with confidence, "Try it, you won’t regret it!"

Vicki Rambaransingh
Team Leader, Joint Operations Accounting
Talisman Energy Inc. (Part of Repsol Group)

We have been using EnergyLink since August 2002. We were one of their first customers in the United States. Their Customer Service is excellent, and they’ve always been very helpful when I’ve had to call them.

The JIB Operated & Non-Operated features are easy to learn, and once your cross-reference tables have been built, it reduces the time needed to process a Non-Operated JIB for payment. The ability to dispute costs on a Non-Operated well on a line-by-line basis, or by well, is a nice feature. When you dispute charges, EnergyLink sends the Operator a message, so that a resolution can be reached sooner rather than later.

All in all, good systems, with good customer support.

Bruce R. Abernathy
Joint Interest Project Specialist
Petro-Hunt, L.L.C.

Over the years with the use of EnergyLink, our jobs have become easier and less time consuming so that we can focus on other aspects of our jobs. It is really great to see more and more companies putting their Road Use, Mineral and Surface Rental invoices on EnergyLink as this makes our jobs even easier for processing, approvals, disputes and collection. Red Dog has been a great partner to work with in regards to making sure that our needs were met when we went to a new upgraded system to ensure we had no issues with our downloads from EnergyLink to our new system. Red Dog is always looking for ways to upgrade their programs to meet the needs of their clients. Great job Red Dog.

Gail Cederholm
Specialized Business Analyst
Husky Energy

My experience with the Red Dog Systems support team has been fantastic! The work quality, friendliness of the support team, and professionalism is outstanding. I really appreciate all the support I have received and I’m always excited to see changes made in EnergyLink!

Pauline Shock
Lead, Joint Venture Accounting
JAPEX Montney Ltd.