Budget Expiry Calendar Report Setup

Back to Budget Expiry Calendar Report

1 Introduction
2 Qbyte CS Land Setup
- 2.1 Budget Recommendation Types
- 2.2 Number of Locations (Optional)
- 2.3 Mineral Lease Types

Introduction

The Qbyte Optix Budget Expiry Calendar Report for Mineral Leases is designed for longer-term budgeting and planning purposes. The Budget Expiry Calendar allows your organization to effectively review expiring leases at a higher level than simply the Mineral Sub, since this report groups the information by Location (Section, Township, Range and Meridian). Recommendations for each Location can be recorded and tracked right within the report.

While there is no setup required in Qbyte Optix, the following two Code Tables must be setup by the Administrator in Qbyte CS Land in order to use this report:

It is also important that Users are using the exact same User Id when logging into Qbyte CS Optix and Qbyte CS Land, otherwise they will not see the data entry fields on the report.

Qbyte CS Land Setup

Budget Recommendation Types

1. Select Qbyte CS Land Validation Tables > Recommendation Budget Type.

2. Add the recommendation types that you would like to use for your organization.

For example:

Number of Locations (Optional)

1. Select Qbyte CS Land Validation Tables > Recommendation Budget No of Locations.

2. Add the List of Values that represents the number of locations required that you would like to use for your organization. Locations can be used to indicate how many wells would need to be drilled in this section to retain/hold the expiring lands within the selected expiry year.

For example:

Mineral Lease Types

1. Select Qbyte CS Land Validation Tables > Lease Types Mineral.

2. Review and change as required the two Budget Expiry Report columns for each Mineral Lease Type:

Display Lease Type = Yes if you would like the Lease Type Description to display in the Land Picture details of the Budget Expiry Calendar report (default = No).
If Display Lease Type = Yes, the Code will appear in brackets for that lease.

Include Acreage = No if you would like to exclude leases with that Mineral Lease Type from being included in the Acreage calculations on the Budget Expiry Calendar report (default = Yes).