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Gas Gathering, Processing, & Plant Accounting Software

Simplify complex, interrelated midstream processes to streamline oil and gas field data gathering and plant accounting with My Quorum TIPS. Accelerate A&D, reduce time-to-value, enhance analysis and decision-making to optimize natural gas processing and scheduling, all while ensuring compliance.
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My Quorum TIPS - Quorum Software

Proven Industry Leader​ for Complete Natural Gas Gathering & Processing Solution

Drive Operational Efficiency & Scale with My Quorum TIPS

Optimize gas gathering, processing, and plant accounting workflows with My Quorum TIPS, the first cloud-based solution offering comprehensive industry solutions. Enhance efficiency, improve end-to-end transactional visibility, and minimize risk with a system created for the midstream industry.

Gain True End-to-End Midstream Integrations with One Vendor

Join hydrocarbon gathering and processing companies of all sizes who trust the industry’s standardized solution of over two decades. Discover an intuitive, adaptive platform designed for flexible, seamless handling of exceptions. Simplify everyday tasks for accountants and schedulers.

Outperform with Our Commitment to Innovation

Leverage over 20 years of development and a commitment to continued investment and innovation. Accelerate your business with asset requirements met out-of-the-box with unparalleled depth and hundreds of standard business rules complemented by highly intuitive formula builders.

Gain Efficiency with Seamless Contract Management, Allocations, & Scheduling

Efficiently manage purchase, marketing, and gathering contracts with workflow tools and automated delivery. Leverage the industry's most adopted and proven allocation engine for gas and NGLs. Streamline gas scheduling with real-time confirmations for shipper nominations.

Manage Daily & Monthly Midstream Data Flows​ with FLOWCAL

Adapt to changing business requirements with a flexible configuration, integrating additional assets and key systems in real-time with My Quorum TIPS. Streamline daily and monthly measurement processes while reducing costly data errors with Quorum’s industry-leading FLOWCAL solution.

Transition Effortlessly with Integrations to Quorum’s Financial & Production Solutions

Boost back-office efficiency, streamlining revenue or settlement distribution to operators and interest owners with financial systems. Transition between solutions effortlessly with smooth integrations within the Upstream On Demand Suite’s Production Operations.

Streamline Settlements, Invoicing, & Accounting

Shorten close cycles, reduce costs, and maximize production by simplifying complex accounting processes. Accelerate monthly revenue recognition by eliminating manual tasks. Streamline settlements and ensure accurate allocations, consistent payments, and precise invoices. Build trust with counterparties and enhance confidence during audits.

Leverage 20+ Years Experience in Midstream Oil and Gas

Minimize training and onboarding efforts with an effortless adoption of My Quorum TIPS. Experience unmatched customer support and trust-based relationships with proactive solutions that consistently exceed NPS and CSAT benchmarks, year over year. Benefit from responsive service that tailors to your organization’s needs.

650+

Gas Processing Plants and
350k Meters Managed Daily

2x

Increase in Assets with
No Additional Headcount

50%

Time Reduction on
Month-End Invoices

My Quorum TIPS Key Features

Optimize operational efficiency with full transaction management and a comprehensive customer portal. This portal enables external operator and shipper nominations, confirmations, and real-time nomination adjustments. It also improves communication and data visibility. Customers of any size leverage easy access and up-to-date monthly activity tracking for an enhanced customer experience. All within a single application, operators can efficiently schedule, track, and settle natural gas, crude, and NGL across processing facilities, field treatment sites, and nomination-driven gathering systems.

Maximize productivity and profitability with comprehensive transaction management. Effortlessly perform monthly and daily processing of complex allocations and settlements. Rules-based allocation and settlement engines provide powerful, flexible configurations to handle plants of all sizes. They ensure simplicity and transparency for less than 10 or more than 10,000 meters.

Efficiently access information for financial, operational, and regulatory reporting. Meet local, state, and federal reporting requirements covering volumetric, value, tax, and royalty reports. Provide necessary operational and tax reports to regulators, ensuring compliance. Support for filing severance tax reporting requirements across 8 states and the ONRR.

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