Difference between revisions of "Monthly Allocation Setup"

Latest revision as of 15:22, 25 March 2020

This page will show how to set up your allocations at a monthly level. Allocations start with a source and apply to targets in a hierarchy set up.

◄ Monthly Processes

To begin it may be more beneficial to set up Daily Allocations first, then come back and set up these allocations as what ever is set up in daily comes over to monthly when setting up and vice versa.

Allocations are performed at a product level such as oil, gas, water, etc. Therefore, each product allocation must be setup individually.

To begin, click on Monthly Allocations Setup in the Monthly Processes Tab.

The first time in, the following screen will be presented:

The left side of the display shows any allocations that have been previously setup.

The right side displays the actual setup for whatever allocation you click on. From this panel, a period can be added, removed or modified. An allocation set up can also be edited in this panel.

A period is the time frame that has been set up for the allocation and will be the first window when entering a new product to allocate. If it the set up wont change any time soon leave end date empty.

Note there is a known issue that sometime the end wont allow that and it needs a date, just set the year to be far out and change it when need be.

Rather than setting up an allocation then when a new well comes online, deleting it, just add a new period and end the current one. This will be a good way to keep track of the changes made over time and will also remember to use those time frames to allocate to the correct sites.

To end date or make changes select "Modify Period". If you want to make changes to the targets select "Edit Allocation Set Up". Always remember to save changes.

Adding an Allocation

Click Add Allocation and the products without an existing allocation will be present:

From the selection display, pick the first product to allocate. After the first product has been setup, other product setups can be duplicated to different products automatically.

The first time through if the daily allocations have been set up the first product you set up for a site will auto pull over and reduce the time for set up.

For both the completed set up and the to be set up screens a "Change How I View Sites" can be applied. This allows you to filter to just a route or state depending on if you have a lot of wells to set up. If not it may be easier to just filter to the site instead. Make sure to clear the settings if you cannot find the site to allocate.

When you select a Product and enter in a start date and/or a description, you will enter a screen much like when you view a current allocation except this time there will be a list of sites for you to add into the source under Available Targets.

To move the sites you want you can filter to the desired site and then click and drag over to the left pane, or you can double click a site and it will auto place it. Holding Shift will select a range and holding control will allow to select multiple.

Equipment can also be added to the allocation if it has been set up.

Once the sites have been added you can change the Test Derivation Method. Three different algorithms are available for directing how test data will be handled within the allocation algorithm. Click the appropriate radial button and Save Changes.

Fixed Ratio (The default option) - Allocation based on monthly entered test relationship.
Days X Test - Number of days times test value equal theoretical production value
Weighted Test - Average test value for Days times Test

@@ Line 1: / Line 1: @@
-[[File:Under Construction.png|right|frame|This page is currently under construction. Information displayed may not be 100% accurate.]]
+''This page will show how to set up your allocations at a monthly level. Allocations start with a source and apply to targets in a hierarchy set up.''
+-----
+◄ [[Monthly Processes]]
+To begin it may be more beneficial to set up [[Daily Allocations]] first, then come back and set up these allocations as what ever is set up in daily comes over to monthly when setting up and vice versa.
+Allocations are performed at a product level such as oil, gas, water, etc. Therefore, each product allocation must be setup individually.
+To begin, click on Monthly Allocations Setup in the Monthly Processes Tab.
+The first time in, the following screen will be presented:
+[[File:Analyst Monthly Alloc View.png|left|border|600px]]
+The left side of the display shows any allocations that have been previously setup.
+The right side displays the actual setup for whatever allocation you click on. From this panel, a period can be added, removed or modified. An allocation set up can also be edited in this panel.
+A period is the time frame that has been set up for the allocation and will be the first window when entering a new product to allocate. If it the set up wont change any time soon leave end date empty.
+Note there is a known issue that sometime the end wont allow that and it needs a date, just set the year to be far out and change it when need be.
+Rather than setting up an allocation then when a new well comes online, deleting it, just add a new period and end the current one. This will be a good way to keep track of the changes made over time and will also remember to use those time frames to allocate to the correct sites.
+To end date or make changes select "Modify Period". If you want to make changes to the targets select "Edit Allocation Set Up". Always remember to save changes.
+===<u>'''Adding an Allocation'''</u>===
+Click Add Allocation and the products without an existing allocation will be present:
+[[File:Analyst Monthly Alloc Set Up.png|border|left|350px]]
+From the selection display, pick the first product to allocate. After the first product has been setup, other product setups can be duplicated to different products automatically.
+The first time through if the daily allocations have been set up the first product you set up for a site will auto pull over and reduce the time for set up.
+For both the completed set up and the to be set up screens a "Change How I View Sites" can be applied. This allows you to filter to just a route or state depending on if you have a lot of wells to set up. If not it may be easier to just filter to the site instead. Make sure to clear the settings if you cannot find the site to allocate.
+When you select a Product and enter in a start date and/or a description, you will enter a screen much like when you view a current allocation except this time there will be a list of sites for you to add into the source under '''Available Targets'''.
+To move the sites you want you can filter to the desired site and then click and drag over to the left pane, or you can double click a site and it will auto place it. Holding Shift will select a range and holding control will allow to select multiple.
+Equipment can also be added to the allocation if it has been set up.
+Once the sites have been added you can change the Test Derivation Method. Three different algorithms are available for directing how test data will be handled within the allocation algorithm. Click the appropriate radial button and Save Changes.
+*Fixed Ratio (The default option) - Allocation based on monthly entered test relationship.
+*Days X Test - Number of days times test value equal theoretical production value
+*Weighted Test - Average test value for Days times Test
-Allocations, the monthly and daily estimates for oil, gas, or water production from a site or sites, must be set up before being calculated. A quick workflow is to first set up the Monthly Allocations then duplicate the settings for use with Daily Allocations. Prior to computing Monthly allocations, Daily data for that site must exist in the database.
-Allocations are NOT performed at a well level instead they are performed at a product level such as oil, gas, water, etc. Therefore, each product allocation must be setup individually.
-To begin, click on Monthly Allocations Setup in the Monthly Processes Tab.
-The first time in, the following screen will be presented.
-The left side of the display shows any allocations that have been previously setup.  The right side displays the actual setup for whatever allocation you click on. From this panel, a period can be added, removed or modified. An allocation set up can also be edited in this panel by highlighted the desired allocation.
-Click Add Allocation.
-From the selection display, pick the first product to allocate.  After the first product has been setup, other product setups can be duplicated.  If the initial setup is satisfactory then for additional products, click save for each new product.  If not, changes can be made as needed.
-For a first entry, a configuration window will open.  Click on Change How I View Sites at the top of the window to use either User Ref or Site Name to identify allocation sites.
-Move the items from the right side of the window to the left side of the window.  When done, click Save Changes.  This will open a well/product selection window.  The default display will contain state and field entries.   Close the Monthly Allocation Setup window and then reopen.  The new display layout will be presented.
-As an example setup, an allocation for the Demo Battery down to two target wells.  First, click on Add Allocation.  The selection window will open.
-Find the Demo Battery and click on the product to allocate.  In this example, click on the Demo Battery, Oil.
-The next window allows defining the beginning production month.  Insert the starting month. The format for the start period is MM/YYYY.  Add a Description if desired.  Click Save.
-The next window will present a listing of all the Available Target Well/Products that can be allocated to the demo site.
-Note ONLY oil products are listed as this is the product being setup.  Click on the desired target wells/oil products so they move over to the left side of the display.  Your screen will now look like this.
-Test Derivation Method Options
-Three different algorithms are available for directing how test data will be handled within the allocation algorithm. For Daily Allocations, use the Fixed Ratio option. This method is more accurate than either the simple days x test method or the Weighted Test. Below are the three derivation methods explanations
-Fixed Ratio, default option
-Allocation based on monthly entered test relationship
-Days * Test
-# of days * test value equal theoretical production value
-Weighted Test
-Average test value for Days * Test
-Click the appropriate radial button and Save Changes.
-Create an allocation for a Water Product
-Click Add Allocation and select the Demo Battery - Wtr.  Because another product was setup, the program will assume all additional product setups follow the same pattern.  This means that the next window will have the same Start Period as the Oil setup and the same wells/Wtr Products will be assigned to this new allocation.   Save Changes.
-If one of the assumed products isn't allocated, remove that product from the displayed allocation.
-For a second allocated product, repeat the steps above. To save time, AnalystX2 will present the new product as if it had been entered previously.
-Click Save.

Difference between revisions of "Monthly Allocation Setup"

Latest revision as of 15:22, 25 March 2020

Adding an Allocation

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