Navigation:  Application Modules > Pipes/Fields > Volume Adjustment Components

EnergySteward.com provides for automated adjustments to meter/well volumes which are received, transported and delivered with deals.  This area represents where volume adjustment formula components can be added, browsed, updated and deleted.

 

For example, many times a fuel deduction is setup on specific gas transportation routes.  In those cases, you would first setup a component here called 'Fuel'.  Then, within the transport contract you would use that component in your volume adjustment formula and assign the formula to the various transport routes, where applicable.

 

You can have many types of components which are used in the contract and deal volume adjustment formula's (PVR, Keep Whole, etc.).  These volume adjustment components support numeric entry (ie.. a flat percentage) OR they can be setup to reference a price/cost rate table.  When using price/cost index tables it enables daily volume adjustments AND it provides for changes to be done in a set of price/cost rate tables instead of a hard coded percentage in a formula.

 

The screen shot below shows where you add, update and browse volume adjustment component information.

 

Add New Volume Adjustment Component (button) - Click this button to add a new volume adjustment component.

 

View/Edit Grid Button (pencil) - Click this next to the applicable volume adjustment component in order to change any of the information relevant to the component.

 

Delete Grid Button (red x) - Click this next to the applicable volume adjustment component that you want to permanently delete.  When you delete a component, then all information relevant to that component, as stored within EnergySteward.com, will be permanently deleted (includes various contract formulas which might reference the component).  You might consider inactivating the component versus deleting. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.

 

The following lists out the various areas of information relative to a specific volume adjustment components within the system.  This is the tree navigation area which you will see when you add or update a volume adjustment component.  With the initial screen being set to the 'General Information' screen.