What is drill-out depth in SAP IS-OIL-PRA - Production and Revenue Accounting?

SAP Term: drill-out depth

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: The total depth of a completed well.

Smart SAP Assistant

• Key Concepts: 
  Drill-out depth is a term used in the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is a measure of the depth of a well that has been drilled out, and is used to calculate the amount of oil or gas that can be extracted from the well. 
  
  How to use it: 
  In order to use drill-out depth in SAP, you must first enter the data into the system. This includes the depth of the well, as well as any other relevant information such as the type of oil or gas being extracted. Once this data is entered, SAP will calculate the drill-out depth and provide an estimate of how much oil or gas can be extracted from the well. 
  
  Tips & Tricks: 
  When entering data into SAP for drill-out depth calculations, it is important to ensure that all relevant information is included. This includes not only the depth of the well, but also any other factors that may affect the amount of oil or gas that can be extracted from it. 
  
  Related Information: 
  The IS-OIL-PRA Production and Revenue Accounting component of SAP also includes other features such as cost accounting, production forecasting, and inventory management. These features can be used in conjunction with drill-out depth calculations to provide a more comprehensive view of a well’s potential for producing oil or gas.