Contracts & AFE management · Oilfield & gas services
Every ticket priced, signed, and coded before it bills.
A crew works off rates that miss the MSA, a ticket goes out unsigned, an invoice hits the wrong AFE. The operator disputes it and work sits unbilled.
The reality
Disputed invoices are a documentation gap.
A service company bills under a master service agreement, against the operator's authorization for expenditure. When rates drift off the MSA pricing exhibit, tickets miss a field signature, or change orders go undocumented, invoices get disputed and days-sales-outstanding climbs.
The operator sets up the MSA, prices each field ticket to the agreed rate sheet, captures the field signature and AFE coding, documents change orders, and reconciles the final invoice at closeout — so every ticket is authorized and documented before it bills.
How the operator runs contracts & afe management
Ticket FT-22-118 · Pricing
validating- Day rate matched to MSA rate sheet
- Units matched to job scope
- Mobilization charge — flagged, not on rate sheet
01Price the field ticket
Checks each ticket's rates and units against the MSA pricing exhibit and flags anything outside the agreed rate sheet.
Ticket FT-22-118 · Coding
routing- Field signature captured from company rep
- Coded to customer AFE 22-118
- Change order — awaiting written approval
02Capture signature and AFE
Confirms the operator's field signature on the ticket and codes it to the customer's AFE before it converts to an invoice.
Ticket FT-22-118 · Billing
tracking- Approved tickets converted to invoice
- Change order documented and signed
- Closeout — reconciling final invoice
03Bill and close
Converts approved tickets to invoices, documents change orders, and reconciles the final invoice at job closeout.
The outcome
55% fewer contracts-desk hours carried by the team
Every ticket authorized, documented, and invoiced correctly.
- Ticket rates checked against the MSA before the work bills
- Field signatures and AFE coding captured, so invoices don't get disputed
- Change orders documented in writing, so disputed charges and DSO drop
Common questions
Contracts & AFE management
- What does the Contracts & AFE management operator do?
- The operator sets up the MSA, prices each field ticket to the agreed rate sheet, captures the field signature and AFE coding, documents change orders, and reconciles the final invoice at closeout — so every ticket is authorized and documented before it bills.
- What impact does the Contracts & AFE management operator have?
- 55% fewer contracts-desk hours carried by the team. Every ticket authorized, documented, and invoiced correctly.
- How does the Contracts & AFE management operator work?
- Checks each ticket's rates and units against the MSA pricing exhibit and flags anything outside the agreed rate sheet. Confirms the operator's field signature on the ticket and codes it to the customer's AFE before it converts to an invoice. Converts approved tickets to invoices, documents change orders, and reconciles the final invoice at job closeout.
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