What is natural gas liquids in SAP IS-OIL-PRA-PRD - Production?

SAP Term: natural gas liquids

• Component: IS-OIL-PRA-PRD

• Component Name: Production

• Description: Hydrocarbons within a natural gas stream that are separated from the stream through some form or extraction or fractionation process.

Smart SAP Assistant

• Key Concepts: 
  Natural gas liquids (NGLs) are hydrocarbons that are found in natural gas. They are composed of propane, butane, ethane, and pentane. NGLs are used as a fuel source and as a feedstock for the production of chemicals. In the IS-OIL-PRA-PRD Production Planning component of SAP, NGLs are used to plan and manage the production of oil and gas products. 
  
  How to use it: 
  The IS-OIL-PRA-PRD Production Planning component of SAP allows users to plan and manage the production of oil and gas products. This includes planning for the production of NGLs. The component provides users with tools to monitor production levels, optimize production processes, and track inventory levels. It also provides users with the ability to forecast future demand for NGLs and adjust production accordingly. 
  
  Tips & Tricks: 
  When using the IS-OIL-PRA-PRD Production Planning component of SAP, it is important to keep track of inventory levels and adjust production accordingly. This will help ensure that there is enough NGLs available to meet demand. Additionally, it is important to monitor production levels and optimize processes in order to maximize efficiency and reduce costs. 
  
  Related Information: 
  For more information on natural gas liquids and their use in SAP, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are many online resources available that provide detailed information on NGLs and their use in SAP.