What is representative well in SAP IS-OIL-PRA-REV - Revenue?

SAP Term: representative well

• Component: IS-OIL-PRA-REV

• Component Name: Revenue

• Description: A well completion that represents other well completions on the same property/division of interest DOI or unit property because well data is missing within the property/DOI or unit property.

Smart SAP Assistant

• Key Concepts: 
  A representative well is a well in the SAP IS-OIL-PRA-REV Revenue Accounting component that is used to represent a group of wells. It is used to simplify the process of revenue accounting by allowing users to enter data for a group of wells at once. 
  
  How to use it: 
  To use a representative well, first create a representative well in the SAP system. Then, assign the wells that you want to include in the representative well to it. Once this is done, you can enter data for all of the wells in the representative well at once. 
  
  Tips & Tricks: 
  When creating a representative well, make sure to give it a descriptive name so that it is easy to identify later on. Additionally, make sure that all of the wells that you assign to the representative well are related in some way, as this will make it easier to enter data for them all at once. 
  
  Related Information: 
  For more information on how to use representative wells in SAP IS-OIL-PRA-REV Revenue Accounting, please refer to the official SAP documentation.