1. SAP Glossary
  2. Revenue
  3. lease unit well number


What is lease unit well number in SAP IS-OIL-PRA-REV - Revenue?


SAP Term: lease unit well number

  • Component: IS-OIL-PRA-REV

  • Component Name: Revenue

  • Description: The unique permanent six-digit serial number assigned to a well. If the well is a one-well lease, the serial number will be the LUW number. If the well is part of a multiple well unit, the unit number is the LUW number. Unit numbers are also six-digits.


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  • Key Concepts: 
    Lease Unit Well Number is a unique identifier assigned to each well in the SAP IS-OIL-PRA-REV Revenue Management component. It is used to track and manage the revenue associated with each well. 
    
    How to use it: 
    The Lease Unit Well Number is used to identify each well in the system. It is used to track and manage the revenue associated with each well, including the production, sales, and other related activities. The Lease Unit Well Number can be found in the “Wells” tab of the SAP IS-OIL-PRA-REV Revenue Management component. 
    
    Tips & Tricks: 
    It is important to ensure that the Lease Unit Well Number is accurate and up-to-date in order to ensure accurate revenue tracking and management. It is also important to keep track of any changes made to the Lease Unit Well Number, as this can affect the accuracy of revenue tracking and management. 
    
    Related Information: 
    For more information on SAP IS-OIL-PRA-REV Revenue Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this component.
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