SYSTEMS AND PROCESSES FOR INDEPENDENT RECONCILING OF CRUDE OIL PURCHASE TRANSACTIONS

摘要

Disclosed are systems and processes for providing independent reconciliation of net volumes for crude oil purchases. In one embodiment, a system comprises one or more producer client applications for use by a producer of crude oil for collecting and uploading data points related to a purchase for a net volume of crude oil, and one or more purchaser client applications for use by a purchaser of crude oil for collecting and uploading data points related to the purchase for the net volume of crude oil. A system may also comprise one or more servers configured to receive the data points from the client applications, as well as one or more databases configured for storing the data points. A system may also comprise one or more processors configured to reconcile the data points from the producer client applications with corresponding data points from the purchaser client applications to determine the net volume of crude oil for the purchase. A system may then present the determined net volume of crude oil for the purchase to the producer via one or more of the producer client applications and to the purchaser via one or more of the purchaser client applications.