Case Study: CrownQuest achieves timelier reporting and strengthened internal service with IFS BOLO

CrownQuest Achieves More Timely Reporting and Strengthens Service Within the Company

CrownQuest, a Midland, Texas–based E&P active in the Permian Basin, faced rising lease operating expenses and low oil prices that made cost control and faster decision‑making critical. Their accounting team needed to produce timely reports—such as JIB invoicing and revenue distribution—and deliver that information quickly to operations, but existing manual processes and systems limited deeper analysis and kept the group from serving the business at a higher level.

CrownQuest implemented IFS BOLO to provide a stable, scalable accounting platform that replaces error‑prone manual work and supports complex revenue, joint‑venture, and ownership scenarios. The result: timelier reporting, stronger service from the accounting team to other departments, and faster, smarter execution using a best‑in‑class upstream oil and gas solution.

CrownQuest