Division of Interest DOI

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Introduction

The Division of Interest (DOI) enables the system to determine the distribution of revenues and expenses to the working interest partners.

Reference How are DOI Links selected for more information on DOI selection in transactions.

DOI decks and DOI links are set up in the DOI Links screen. When you set up a new DOI deck, it is important that you check to ensure that you are not duplicating an existing deck. To do this, query from the Ownership Agreements block of the DOI Links screen.

When you set up DOI decks, remember:

• DOI decks are definitions of agreements identified by a unique number and a description.

• DOI deck partners are partners in the agreement. The combined percentages of ownership must equal 100%. Check to ensure that you are not duplicating partners.

• DOI links are the link from a DOI deck to the entity (such as AFE, cost centre, effective date, and so on).

DOI Links

DOI Links indicate the cost centre, AFE, account group, and effective date that a particular deck is attached to.

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DOI Decks

The Ownership Agreements block on a DOI Link shows the partners included in this deck and their related percentages.

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The valid accountability values that a partner can take on are:

• Accountable

• Not Accountable. 

The Joint Interest Billing process will only distribute the amounts coded to the gross accounts to the partners that are flagged as Accountable. The percentages assigned to the partners that are flagged as Not Accountable are used to estimate the true gross for non operated properties.

Partners can also be flagged as Silent Partners. When indicating a Silent Partner, the Accountable checkbox should be selected and the partner that holds their interest is entered as the Agent.