Well that produces condensate Setup

To name/create a contract for condensate only

📘 Instructions

1. Load PAV line for the Value (Manually or PAV Upload) Manually in this case:

a.     Go to Physical Setup -> Prev Allocated Volumes

b.     Hit the 'New' button

                              i.        Production Date = XXXXX

                             ii.        Frequency = Month

                            iii.        Volume Type = actual

                            iv.        Meter Number = XXXXX

                             v.        Product = con

                            vi.        Usage = Value

                           vii.        Purchaser Reference = XXXXX

                          viii.        Quantity Unit = USD

                            ix.        Quantity = XXXXX

                             x.        Pressure Base = XXXXX

                            xi.        Check the ‘Include in Data Prep?’ check box

xii. 

2. Update Contract: XXXXX

a.     Go to Contractual Setup -> Contracts

b.     Select XXXXX

                          i.        Product Settlement

1. Copy 'con' line

2. Change Purchaser Reference to 'XXXXX'

3. Update

   

3. Update Formula: COND_VALUE_USD

a.     Go to Asset Setup -> Formulas

b.     Select COND_VALUE_USD

c.     Purchaser Reference from 'N' -> 'Y'

                          i.        Variables: 'cond' and 'dehy'

ii.

a.     Remove 'Contract Number' from variable

                          i.        XXXXX → no contract

                         ii.         

4. Update Formula: COND_SALE_VOL_BBL

a.     Go to Asset Setup -> Formulas

b.     Select COND_SALE_VOL_BBL

c.     Purchaser Reference from 'N' -> 'Y'

                          i.        For variables: 'cond' and 'dehy'

d.     Remove 'Contract Number' from variable CA

                          i.        XXXXX → no contract

5. Rerun Asset Process

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