The division of interest (DOI) specifies the owners involved in a particular production network or in a sub-object of a production network. It also specifies the interest type and the gross and net interest that each owner is entitled to. In addition, the bearer groups within a division of interest specify the owners who contribute to the royalty share and their contribution percentages. The DOI information is used in the transfer of ownership and ownership allocation processes.
You have defined the following in Customizing:
Ownership roles under
Interest types under
Media for object links under
Number ranges for DOIs under
You have created concessions in the Oil & Gas Entities
workset.
You have created ownership vendors and associated the ownership roles to these vendors using the Process Business Partner
service.
For a DOI you can define details such as the gross revenue interest (GRI), net revenue interest (NRI), bearer group, and royalty calculation method. You can additionally check in, check out, and cancel a checked-out DOI.
'Check in' specifies that the DOI can be used by further accounting processes.
'Check out' specifies that you can make changes to the DOI.
Cancel specifies that the changes made to the checked out DOI can be canceled.
To create a division of interest proceed as follows:
Define the DOI ID type, company code, concession, DOI description, medium and the effective date in the initial screen and choose Continue.
On the Create Division of Interest
screen, select the relevant authorization group.
On the Division of Interest
tab page:
Go to the DOI Items
section and enter the required information
Note
If the interest type is selected as a non-working interest owner, then the bearer group must be defined. You can define this setting in the Customizing for ownership role.
If you select the calculation type GRI you can enter NRI for a working interest and royalty interest owner. GRI is calculated automatically when you choose Calculate.
If you select the calculation type NRI you can enter GRI for a working interest owner and NRI for a royalty interest owner. NRI is calculated automatically when you choose Calculate
Based on the calculation type and calculation method selected, the details are displayed in the Details of Calculation Method
section.
On the Define Bearer Group
tab page:
Define the bearer group type, bearer group, description, start and end date in the Define Bearer Group
section.
Define the owner, owner name, interest type, sequence and the burden share percentage in the Burden Sharing
section.
Note
The bearer group and the burden share percentage must be defined for a royalty interest owner.
The burden share percentage must always be 100 percent.
Save the details entered.