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Partner Operated Battery Maintenance

Partner Operated Battery Maintenance

Owned by IFS Energy and Resources (Deactivated)
Last updated: Mar 01, 2024
7 min read

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Introduction

Qbyte Metrix Partner Operated facilities can be configured as such when:

  • Outside Operated Facility

  • No balancing required

  • No allocation required

 

Wells

Master

Partner Operated wells are created much like Operated wells. They still need a Master record; they need to be put ON production (although none of the factors are applicable for Partner Operated wells), and they need a DOI attached. Partner Operated wells do not require an Analysis nor can they be set up as Cap/Solution or Commingled. Royalty Obligations can be set up on Partner Operated wells (Cash-based royalties only) and calculated as part of STEP06-Freehold and Override, but there will be no provincial Crown calculated.

When setting up the Master, the Partner Operated Petrinex ID identifies the Petrinex ID associated with the well for the upload from Petrinex. If the well represents a unit or a well group, or if the legal location is different from the one in the Registry, this field then needs to be populated with the proper Petrinex ID (i.e., AB UN 12345, or AB WI 100082404812W500).

DOI

There are a few different ways of setting up a DOI for a partner operated well, depending upon the business process you want to follow.

  • The DOI can be set up as a True DOI containing all partners, which allows for quick validation of allocated sales volumes based on the gross well production information. If this DOI entry option is chosen, the Exclude Owner flag on the DOI screen needs to be set to Yes for any partners whose volumes are not being booked through the system.

  • The DOI can be set up as a Net DOI, containing just the Owning Company and any of their carried partners. This option eliminates the necessity of keeping track of true percentages and any ownership changes but eliminates the ability to show actual Gross volumes/values for the wells unless both Gross and Net are being entered by the user.

Production

A Partner Operated facility well does not require any Production flags to be configured in any particular manner; the well simply needs to be put ON production.

 

Royalties

Royalty Obligations can be set up through the Royalties > Freehold/Override/IOGC tab.

Battery

Master

The Battery Type must be set to Partner Operated.

 

Production

Back to Battery Maintenance

Use this tab to set Battery defaults for monthly input and spreadsheet upload.

Data Entry

Field

Description

Field

Description

Transaction Level 

This field allows the user to choose how the transactional data is to be entered. 

  • Gross Input – Enter Gross only (system calculates Net). For Qbyte Metrix to calculate Net properly, a True DOI must be entered with all partners, and those partners that you are not responsible for must be flagged as External in the DOI screen.

Note: Only calculated Net (based on DOI partners not flagged as External) will be allocated to the partner level and booked.

  • Net Input – Enter Net only (the system calculates Gross). When entering Net Input, you can use either a Net DOI or a True DOI. However, for Qbyte Metrix to calculate Gross properly, a True DOI must be entered with all partners and those partners that you are not responsible for must be flagged as External in the DOI screen. If you want to have Qbyte Metrix calculate Gross, then you must enter a True DOI.

Note: Only calculated Net (based on DOI partners not flagged as External ) will be allocated to the partner level and booked.

  • Gross and Net Input – Enter both Gross and Net (no system calculation).

Note: Only Net will be allocated to the partner level (based on DOI partners not flagged as External) and booked.

Freehold Override Royalty

This field indicates how royalties associated with wells in the battery are to be handled.

  • Keyed – Royalties are calculated outside of Qbyte Metrix, and the results are manually entered in the Partner Operated Battery Balance screen.

  • Royalty – Royalties are to be set up as Royalty Obligations in Qbyte Metrix and calculated as part of the Step06-Freehold and Override process.

  • Both – There is a combination of manually entered and calculated royalties.

Note: This field is for information only. It has no impact on the functionality.

Allow Upload

This controls whether the battery can have data imported from Petrinex files using the Import Partner Operated Monthly process or the Upload from Spreadsheet button on the Partner Operated Battery Balance screen. See Partner Operated Facility Upload for more information.

This is a Yes/No field that defaults to No.

Upload Destination

This field indicates whether transactions loaded from Petrinex imports are to have the Destination set from the uploaded file.

This is a Yes/No field that defaults to No.

  • This field must be set to Yes if the user wants to upload destinations from a WIO file.

  • This field must be No when Allow Upload is No.

Upload Plant

This field indicates whether transactions loaded from Petrinex imports are to have the Plant set from the uploaded file.

This is a Yes/No field that defaults to No.

  • This field must be set to Yes if the user needs to upload Plant from a WIO file.

  • This field must be No when Allow Upload is No.

Note: This field will not be visible for batteries in British Columbia for production dates prior to the implementation of Petrinex.

Plant ID

This is the Primary Plant of the Partner Operated battery. The Plant must be Off Production and can be from any province. The Plant ID can be linked to more than one Partner Operated Battery. 

Plant Name 

This is the name of the Primary Plant, if entered. 

Generate Oil Valuation RTP

This field allows the user to indicate whether Qbyte Metrix should allow the Generate Oil Valuation Data process to be run for this battery.

Note: The Generate Oil Valuation Data process is run by Operator, and the Operator must exist as a Petrinex Operator for the Region, so the Battery Operator for Partner Operated batteries that you wish to run the Generate Oil Valuation Data process for should be your company.

This is a Yes/No field that will default to No.

Note: This field is only visible for batteries that are in provinces that are using Oil Valuation RTP submissions for the Production Date. This field will be visible for batteries in Alberta when the Function Implementation option of Alberta Oil Valuation RTP Implementation for IOGC is Active for the Production Date. Remember that Oil Valuation RTP submissions are only required in Alberta for batteries that have at least one well with a First Nation mineral ownership (Federal % > 0). Oil Valuation RTP submissions are not required for all batteries, even when functionality is active.

Show Pricing Dedns. Default



This field allows the user to indicate whether the Pricing Deduction fields (Quality Adjustment, Tariff, Line Loss, Other#1, Other#2) appear on the various Partner Operated Battery Balance screens by default.

This is a Yes/No field that will default to No.

When No, the Pricing Deduction fields will be hidden, and the Show Deductions button will be visible. When Yes, the Pricing Deduction fields will be displayed, and the Hide Deductions button will be visible.



Partner Operated Upload Product Cross Reference

Back to System Configurations

 

The Partner Operated Upload Product Cross Reference provides the user the ability to override the Corporate Level Cross Reference. The Battery Level Product Cross Reference should only be updated if the Partner Operated Battery Cross Reference for a specific Battery needs to be different than the Corporate Level Cross Reference .

For example: If the Working Interest Owner file for a specific property uses Government Products in nonstandard ways, the Cross Reference can be configured just for that Partner Operated Battery.

If the Cross Reference at the Partner Operated Battery is not populated, the Corporate Level Cross Reference is used.

 

Battery - Well Linkage

1. Attach wells to the battery by entering the Well ID and clicking the Add button.

2. Choose the default transactions and purchasers.

  • Highlight some or all wells and click Apply to set those settings for the selected wells.

Transactions can also be created on the Partner Operated Battery Balance by entering them manually or using the Edit Well Transactions button. 

Control Group

Link the Partner Operated Batteries to the control group through the Schematic tab. A control group can include any number of Partner Operated Batteries.

Create a Partner Operated Battery (Video)





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