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Opcost Definitions

Operating cost definitions are customizable in WellSpring.  To change the opcost definitions go to "Admin - Opcost Definitions".



The following Operating Cost Definition screen will appear:


To change your operating Cost definition:

1. Copy an existing set (or create a new record)
2. Name the opcost set
3. Click on "Add Definition" to create additional rows of opex
4. Select the product that it applies to
5. Choose the opcost type (see list below)
6. Specify whether or not it is an eligible royalty deduction
7. Provide a description (optional)
8. Save when you are done
9. You must modify the economic model to link your new definitions to your economic models (See Economic Models)

		Fixed - $1000/month Variable - $/unit of production mcf, Bbl etc Per Well - $/well (uses well count) HorsePower - $/unit of Horsepower Capital OH - Overhead % of capital spent Operating OH - Overhead % of total opex Fluid - $/unit of total fluid NGL - $/unit of Natural gas Liquid Heating Value - $/unit of heat

 Note: If you wish to change the operating cost, or capital definitions, you must have your own custom model which Enersight can quickly create for you. Please contact Enersight (Support@enersight.com) for more information.

To enter operating costs into a project, see Operating Costs in the Data Entry section of this guide.

See also