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Why TIK Still Trips Up Ops (And How to Fix It)

Updated: Jul 24

Take-In-Kind (TIK) sounds simple: owners take their share of gas directly instead of letting the operator sell it. But if you’ve worked in operations or production accounting, you know it rarely goes smoothly.


Here’s why:


• Field changes don’t get tagged correctly

• Split percentages are stale

• Deduction assumptions are wrong

• Legacy tools can't track owner-specific sales


The result? Ops and accounting get out of sync. Volumes don’t balance. Checks don’t match. And close day turns into fire drill territory.


What’s Really at Stake?


Bad TIK setup leads to billing errors, disputes, and audit exposure. And no one’s catching it until it’s too late.


How We Built Allocate to Fix This


We designed Allocate to handle TIK from day one. It tracks owner-specific marketing, adjusts dynamically with contract changes, and validates every step of the way. If something’s off, you see it before it hits revenue.


Bottom Line


TIK isn’t going away. And if you’re still managing it in spreadsheets or patching holes in legacy systems, you’re exposed.

Allocate gives you clean volumes. Clean books. And a clear head at month-end.


 
 
 

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