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Measurement Units |
  
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Measurement Units |
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EnergySteward.com manages volumes. The system will value, print, export, import and present volume related information in an infinite number of ways. This particular area allows you to specify what those volume units indicate (for example, on an 'Oil' contract/deal the volume is represented as a barrel, on a 'Gas' contract/deal these volumes can either be mmbtu's or mcf's (in the system the default on gas is to store in mmbtu's).
This screen is normally setup with default set of values for all flavors of products and then rarely modified. However, having this capability allows for the capture and classification of any type of product with measureable volume units (energy related or otherwise).
This particular screen provides the mechanism to define the available volume unit terminology to the product.
Add Meter/Well Measurement Units (button) - Click this button to add a new meter/well measurement unit.
View/Edit Grid Button (pencil) - Click this next to the applicable meter/well measurement unit in order to change the information about this item.
Delete Grid Button (red x) - Click this next to the applicable meter/well measurement unit that you want to permanently delete. When you delete a meter/well measurement unit you will not be may not get many of the reports/etc to print applicable labels. In addition, there are some specific routines which might do conversions (mcf-to-mmbtu, etc.) which expect certain volume unit types. Probably not a good idea to delete and care should be taken when attempting this operation. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.
Unit of Measure - This can be any name for the unit of measure which you want to define. It is suggested that you make this name relatively descriptive for the volume you are attempting to define. The name you post here is what will show up within the pull down list box when setting up meters/wells, contracts, deals,etc..
Applicable Product (drop down list box) - Select the applicable product type to be associated with this unit of measure. These product types are defined in the contract product type configuration area within EnergySteward.com .