Navigation:  Application Modules > Contracts > Contracts > Other Cost Formulas > Meters/Wells

This is the tab where meters/wells can be associated to the other cost formula.  This same function can also be done from a 'meter/well perspective' using the contract meter/well screen.  However, when setup through the other cost formula screen (below) you are able to  quickly see all other meters/wells which also have an association to this same formula.  A meter/well can be setup to have different other cost formulas over time (date effectiveness).  These meters/wells can be quickly assigned (if already setup on the contract) directly from this screen OR you can make this association later when you setup your meters/wells on the contract. Important note:  When you modify these meter/well other cost formula associations then the underlying deals which reference this contract are automatically synchronized.

 

 

Add Meter/Well Association (button) - Click this button to add a new association of this contract other cost formula to an existing contract meter/well.

 

View/Edit Grid Button (pencil) - Click this next to the applicable meter/well association in order to change any of the information relevant to the contract meter/well to other cost formula relationship.

 

Delete Grid Button (red x) - Click this next to the applicable meter/well to other cost formula association that you want to permanently delete.  When you delete a meter/well association, then all information relevant to that contract meter/well relationship will be permanently deleted.  You might want to consider utilizing the from and thru effective date capabilities in order to preserve contract level historical information related to this other cost relationship. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.

 

 

The following shows the other cost formula to meter/well detail which you are presented with when adding or updating a meter/well relationship.

 

 

Meter/Well  (drop down list box) - This is a required field and represents the meter/well (from this contract) which you want to assign to the other cost formula.  These meters/wells can be setup by going to the contract meter/well screen(s).  Many meters/wells can share the same contract other cost formula.  

 

Effective From (popup calendar) - This is a required field.  It will default to '01/01/1800'.  This should be left at the default value unless date effectiveness for this other cost formula association is important.

 

Effective Thru (popup calendar) - This is a required field.  It will default to '12/31/3000'.  This should be left at the default value unless date effectiveness for this other cost formula association is important.

 

Volume Adjustment Rule (drop down list box) - This indicates when the other cost formula should be applied.  The two options include the following: