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There are a number of options available for generating different types of reports in WellSpring.
Note: WellSpring stores all of its calculated results in memory, so there is no need to re-calculate when changing any reporting options. With large datasets; however, it can take several seconds to refresh the reporting results - particularly if you are reporting monthly for 30 or more years.
Outputing results
Reporting results can be printed (by pressing the print button on the reporting tab). Results can also be outputted to Excel by selecting the copy to clipboard command, and then pasting in Excel. By setting up a standard spreadsheet format with a "data input" tab for WellSpring results, reports in Excel with graphics can easily be regenerated when WellSpring results are updated. In order to copy to clipboard, ensure that "allow programatic access" is turned on for your browser. Refer to IE Options for specific browser settings.
Roll-up or Incremental
Incremental results are results at a node which are incremental to all results coming in to that node. For example, if you had $400,000 revenue in a given time period at the well level, and the well flows into a facility which has $200,000 in processing revenue. Incremental results will report revenue of $200,000, while Role-up results will report $600,000.
Note: Incremental results are not available at the Scenario or Project level.
Period
WellSpring is a fully monthly model. Results can be displayed either monthly, quarterly, or Yearly (or a combination of the three) by selecting the appropriate reporting period.
For example, the following settings will display the report for 1 year of monthly, 1 year of quarterly, and the remainder yearly:
Interest
WellSpring can report gross, working interest (WI), or net results. Note: net results are only applicable for US based models. If you are reporting from a consolidated level in the hierarchy, then the working interest results are created from the sum of all the working interest results below that node.
Filters
Using the user-defined user parameters in WellSpring, filters can be used to report only assets which meet a certain criteria. For example, if you filtered on a user parameter such as "Operated", when the filter is applied, only assets that are operated would be included in any reported results.
Note: Be careful that your facilities are not included in your filters, as you will double count production. See My filtered reports seem to have higher numbers than they should in the FAQ.
If the "Consolidate Filter" option was selected, then a single consolidated report would be generated.
Cum Results
When the "Cum Results" flag is checked, all reporting columns revert to their cumulative value.
Favourites
Click the "Add Favorite" button to add a report to your favourite reports. Favourites are placed at the top of the report selection list.
See also