What is reservoir zone in SAP IS-OIL-PRA - Production and Revenue Accounting?

SAP Term: reservoir zone

• Component: IS-OIL-PRA

• Component Name: Production and Revenue Accounting

• Description: Each reservoir consists of is divided into one or more zones, and each zone has an ID.

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• Key Concepts: 
  A reservoir zone is a geographic area within a field that is used to group together wells and other production facilities for the purpose of production and revenue accounting in the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is used to track production and revenue from a specific area, allowing for more accurate accounting and reporting. 
  
  How to use it: 
  In order to use the reservoir zone feature, users must first define the zones within their field. This can be done by entering the coordinates of each zone into the system. Once the zones have been defined, users can assign wells and other production facilities to each zone. This will allow them to track production and revenue from each zone separately. 
  
  Tips & Tricks: 
  When defining reservoir zones, it is important to ensure that they are accurately defined in order to get accurate results. It is also important to ensure that all wells and other production facilities are assigned to the correct zone in order to get accurate results. 
  
  Related Information: 
  The reservoir zone feature is part of the IS-OIL-PRA Production and Revenue Accounting component of SAP. It is used in conjunction with other features such as wellhead accounting, wellhead allocation, and wellhead reconciliation in order to provide a comprehensive view of production and revenue from a field.