How to Simplify Joint Interest Billing with AI: A Step-by-Step Guide 

Learn how oil and gas companies use joint interest billing, current inefficiencies, and how AI can improve accuracy and efficiency in this complex process.

Joint Interest Billing (JIB) is a financial process in the oil and gas industry that allows multiple parties in a joint venture to share costs. Because of the nature of their work, oil and gas companies often collaborate on things like exploration, development, and production projects. During these projects, each party takes a portion of … Read more