What is ground level elevation in SAP IS-OIL-PRA - Production and Revenue Accounting?

SAP Term: ground level elevation

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: The distance from sea level to the surface location of a well.

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• Key Concepts: 
  Ground Level Elevation (GLE) is a component of the IS-OIL-PRA Production and Revenue Accounting module in SAP. It is used to measure the elevation of a wellhead above sea level, which is important for calculating the volume of oil and gas produced from a well. 
  
  How to use it: 
  GLE can be used to calculate the volume of oil and gas produced from a well by taking into account the elevation of the wellhead above sea level. This calculation is important for accurately measuring production and revenue. 
  
  Tips & Tricks: 
  When entering GLE data into SAP, it is important to ensure that the data is accurate and up-to-date. This will help ensure that production and revenue calculations are accurate. 
  
  Related Information: 
  GLE is related to other components of IS-OIL-PRA, such as Wellhead Pressure (WHP) and Wellhead Temperature (WHT). These components are also used to calculate production and revenue.