Process one run ticket by hand.

1. A run ticket comes in

You're the bookkeeper. This ticket just arrived from the field. Everything else you need is somewhere in the office.

2. Find the well's file

One folder per well. Open a drawer and find Hadley No. 2.

3. Check the tax exemption

The ticket is dated March 14. Does the exemption apply?

4. Find March's oil price

The price changes every month. It's written down somewhere. Probably on the note by the phone.

Which price goes on this ticket?

5. Do the math

Work out the net barrels and what they're worth. The calculator on your phone will do.

6. Write the invoice and mail it

Copy everything onto the purchase invoice by hand, then mail it to the owner to confirm.

7. The paperwork comes back

What needs updating in the well file?

8. Enter it in the accounting program and print the check

Everything gets typed in one more time, and the state's required reporting goes at the bottom of the check.

That was one ticket.

One well, one owner, one change in the mail. Now picture a month of tickets, some wells with several owners, and every detail living in a folder or in someone's memory.

• 0places checked
• 0things copied by hand
• 0mistakes caught
• 0days waiting on the mail