It was with the vision of becoming a significant independent oil and
gas company that Vintage Petroleum purchased Avatar400 more
than fifteen years ago. That vision has since become a reality and
the Avatar accounting system has supported the company’s growth
and goals, just as expected. Vintage acquisitions have taken it
beyond U.S. borders to South America, Canada and Yemen.
Exploration efforts are also expanding, as the company sharpens its
focus on finding new reserves and opportunities.
The Avatar400 Advantage
Vintage Petroleum Manager of Information Systems, Stephen
Phelps, explains why Avatar400 has remained the accounting
system of choice for the independent exploration and production
company all these years. “Integration, ease of handling and minimal
resources to run the packages are unique to Avatar,” he says.
Integration means, for instance, that when an owner or lease is
established, the setup is propagated throughout the Avatar400
system. No third party is required to run it on a day-to-day basis.
Likewise, the system’s reporting structure is thorough enough that no
outside programmers are needed to write new reports. Phelps
relates, “At the time we installed the Avatar system, it was up and
running and fully functional.” Phelps’ experience with a competitor
however, was quite
different. The product
operated on a batch
system and was
therefore not as
interactive as Avatar400,
he says. This other
system had to be down
at night so the
could run reports, perform month-end close and other functions.
Phelps, therefore, previously required up to 6 programmers and
analysts to support the accounting system.
In contrast, Vintage Petroleum has only one IT technician to run
Avatar400 and other network systems. Jobs are controlled by
individual users of the system. “By far,” says Phelps, “Avatar400
Avatar400 Supports Vintage Petroleum Goals
Now and in the Future
5728 LBJ Freeway, Suite 270
Dallas, Texas 75240