What is 'coal bed methane' in SAP IS-OIL-PRA - Production and Revenue Accounting?

coal bed methane - Overview

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: Natural gas extracted from coal deposits.

coal bed methane - Details

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  Key Concepts: 
  Coal bed methane (CBM) is a type of natural gas that is found in coal seams. It is formed when organic matter in the coal is broken down by bacteria and released as methane gas. CBM is a valuable energy source and can be used for electricity generation, heating, and other industrial applications. 
  
  How to use it: 
  The IS-OIL-PRA Production and Revenue Accounting component of SAP enables users to manage the production and revenue accounting of CBM. This includes tracking production volumes, calculating royalties, and managing revenue streams. The component also provides reporting capabilities to help users analyze their CBM operations. 
  
  Tips & Tricks: 
  When using the IS-OIL-PRA Production and Revenue Accounting component, it is important to ensure that all data related to CBM production and revenue is accurately entered into the system. This will help ensure that all calculations are accurate and that users have access to accurate reports. 
  
  Related Information: 
  The IS-OIL-PRA Production and Revenue Accounting component is part of the SAP Oil & Gas solution suite. This suite provides a comprehensive set of tools for managing oil & gas operations, including production, transportation, storage, and marketing. It also provides tools for managing financials, compliance, and risk management.