Application Login
Login ID
Password
Company ID
Login is secure !

Request Demo Setup
Go To Demo Site
 
Company Information
Contact Us
 
View Privacy Policy
 
 
 

>> Features > Setting up Price Indices
The pricing area within EnergySteward.com is where price index information is stored.  The price indices can be assigned to various price/cost formulas within contracts and to various meters/wells on these contracts.  In addition to setting up the price index itself, EnergySteward.com also provides for the storage of values (daily, monthly, weekly, etc) on these price indices.   The design of the pricing area within EnergySteward.com provides for a standardized and centralized price 'repository' for published price index information.

The following characterizes some of the options available within the EnergySteward.com pricing 'Indices...' area:

  • * An unlimited number of  entries representing individual publications can be setup (ie. Platts Gas Daily, Platts Inside-Ferc, Argus, etc.).
  • An unlimited number of individual price indices can be setup within a given publication.
  • Support for monthly, weekly daily price valuations is available.
  • * Price Indices maintain a status history, reflecting (by date) the various changes in the status of any given price index.
  • * Price Indices can be setup for all types of energy related 'Products' (Oil, Gas, etc.).
  • * Price Indices can have an unlimited number of cross reference (alias names).  These are typically used for cross references to other internal/external systems.
  • * Price Indices can have an unlimited number of 'pipe/field relationships'.  This is for associating various prices to infrastructure type assets.
  • * Price Indices can have an unlimited number of  geographic 'Area' relationships.   These 'Areas' are the same as be setup on individual meters/wells, thus allowing for reporting of pricing opportunities for your meters/wells.
  • Price Indices can be incorporated in contract price/cost formulas, with ability to lookup contracts by their reference to an individual price index, etc.
  • Options available to support automated posting of price values from vendor price publication files (note, this option requires a data feed subscription from the publication vendor).

* These items can all be defined in the pricing configuration area within EnergySteward.com.

All of these items above can be accessed from within the EnergySteward.com pricing 'Indices...' area.

Click on the thumbnail images (below left) to see a few sample screen shots.

   
How to get into the Price Indices Area
This represents the method used to enter the pricing 'Indices...' area with EnergySteward.com..
Price Indices Lookup List
This represents the initial screen that is displayed when you first click on the pricing 'Indices...' main menu option within EnergySteward.com.  From this screen you can add, update or delete price indices.  You will notice on this screen that there are 'Lookup' options (top of screen) which allow you to select items in pulldown boxes AND/OR specify wildcard characters for searching your price indices.  More information on these lookup/search options can be found within the 'Searching With Lookups' area of this website.
Price Index General Information
This is the screen where you setup the basic information required when setting up a price index.
Price Index Product List
An unlimited number of products (oil, gas, etc) can be setup for any given price index  This screen shot shows the products assigned to a sample index.
   
 
Version: 1.20.0, 12/15/2008
©2006+. Software Experts, Inc. All Rights Reserved.