What is API well number in SAP IS-OIL-PRA - Production and Revenue Accounting?

SAP Term: API well number

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: The unique identification number assigned to the well by the American Petroleum Institute API. The number consists of state, county, well, and sidetrack codes.

Smart SAP Assistant

• Key Concepts: 
  API well number is a unique identifier assigned to each well in the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is used to track production and revenue data for each well, and is used to link the well to other related data. 
  
  How to use it: 
  The API well number is used to identify each well in the system. It is used to track production and revenue data for each well, as well as link the well to other related data. The API well number can be found in the IS-OIL-PRA Production and Revenue Accounting component of SAP. 
  
  Tips & Tricks: 
  When entering a new well into the system, make sure to enter the correct API well number. This will ensure that all production and revenue data is tracked accurately. 
  
  Related Information: 
  The API well number is part of the IS-OIL-PRA Production and Revenue Accounting component of SAP. Other related components include IS-OIL-PRM Production Measurement, IS-OIL-PRD Production Data Management, and IS-OIL-PRC Production Costing.