Oil ownership by different company codes

[Former Member]

Dear experts,

We have a scenario in our client. There are 3 company codes in the group. One explores, one transports and one sells oil. Now the oil always belongs to company which explores it. After exploration oil goes to the company code which transports it. But the ownership of the oil is still with exploring company code. Valuation of the oil is done in exploring company code. Now from transportation it goes to the marketing company to deliver to the customer. In this case also valuation is done in exploring company.

Is there any functionality in IS Oil which can cater to this requirement ?

Regards,

Madan

[Former Member · Accepted solution]

Hi,

I think you should have the knowledge on the basics on business processes and typical PSC set up. In your case, the company which explores might be the operator .Hope you are answered.