ARIES TM Software,

Advanced
Release 5000.1.13

© 2015 Halliburton

Part Number 240002 Revision D December 2015

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 ARIESTM Software, Advanced
Release 5000.1.13

Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P-1
Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . P-1

Chapter 1: Database Structure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-1

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-2
ARIES Database Structure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-2
ODBC Connections and Data Sources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-3
Table Sets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-5
Project . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-12

Data Source Types . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-13

One Data Source/One DBS Model . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-13
One Data Source/Multiple DBS Model . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-14

Creating Your ODBC Connection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-16

A Helpful Generic ODBC Connection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-23

Chapter Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1-27

Chapter 2: Advanced Project Manager Topics . . . . . . . . . . . . . . . . . . 2-1

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-2

Data Transporter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-3

Selecting the Target Data Source and DBS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-4
Selecting and Mapping the Data to Transport . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-6
Mapping Table Items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-8
Limiting the Data Moved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-14
Selecting the Merge Data Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-15

ARIES™ Software Advanced, Release 5000.1.13 i

Contents

Global Editor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-22

Global Titles Property Tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-25

Master Table Drop Down Menus and Requested Items . . . . . . . . . . . . . . . . . 2-30

Master Table Drop Down List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-30
Project Manager Table Editor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-33

Chapter Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-42

Chapter 3: Advanced MultiGraph Topics . . . . . . . . . . . . . . . . . . . . . . . . 3-1

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-2

AutoCast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-3
Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-3
Best Practices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-3
Fitting and Forecasting Using AutoCast. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-4
Updating Your Forecasts Using AutoCast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-11
Setting Up the Graph Scheme. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-14
Storing Forecasts Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-15
Retrieving Forecasts Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-15
Initialize Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-15
IntelliFilter Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-15
Other Required Setups . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-16
The Update Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-17

Plotting Monthly and Daily Data on the Same Graph . . . . . . . . . . . . . . . . . . 3-20

Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-20
Building the Curves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-20

Plotting Economic Limits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-31

Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-31
Plot Layout Instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-33
Legend Tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-34
Economic Limit Tab . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-35
Economic Limit Marker Section. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-36
Economic Limit Legend Section . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-36
Other Legend Changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-36

ii ARIES™ Software Advanced, Release 5000.1.13

 Contents

Plotting Monthly Results from Economics . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-38

Update tables. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-38
Run the Economics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-39
MultiGraph . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-39
Create a Data Stream . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-39
Curve Definition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-42
Adjust the Graph Scheme . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-45

Chapter Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-47

Chapter 4: Advanced Economics Topics . . . . . . . . . . . . . . . . . . . . . . . . . 4-1

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-2

Economic Settings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-3

Scenarios Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-3
Protected Scenarios. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-4
Creating a Scenario . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-4
Deleting a Scenario . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-5
Editing a Scenario . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-6
Copying a Scenario . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-7
Input Settings Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-7
Present Worth Settings Component . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-19
Escalations Component. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-22
Capital Recovery Component . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-25
Corporate Tax Component . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-31
Production Based Sliding Scale Royalties Example. . . . . . . . . . . . . . . . . . . . . . . . 4-33
Common Lines Component . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-36
Default Lines Component . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-37
Variable Rates Component Dialog Box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-38
RMS Default Booking Categories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-39

Advanced Keywords and Functions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-41

Economics and Excel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-41
Using Load Lines to Overwrite a Forecast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-42
Stream Arithmetic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-46

Batch Macros . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-51

ARIES™ Software Advanced, Release 5000.1.13 iii

Contents

Chapter Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4-56

Chapter 5: ARIES Across the Modules. . . . . . . . . . . . . . . . . . . . . . . . . . . 5-1

Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-2

Exporting/Importing Economic Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-3

Exporting, Modifying, and Re-importing Economic Data . . . . . . . . . . . . . . . . . . . . 5-3

Incremental Economics for a Workover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-11

Using Incremental Economics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-11

Running Incremental Reserves in ARIES, Using ARIES Modeler . . . . . . 5-18

Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-18
Economic Expert Editor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-19
Economic Results of the incremental cases and grand total run. . . . . . . . . . . . . . . 5-24

Property Replicator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-28

Show ID to Auto Number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-30
Number of Properties to Create . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-30
Shift First Well, Mos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-31
Drill and Complete Time, Mos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-31
Number of Rigs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-31
Delay Production to End. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-31
Basic Workflow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-32
Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-32
Examples. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-33

Chapter Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-36

Appendix A: Tables for Production Section . . . . . . . . . . . . . . . . . . . . . A-1

Appendix B: Units. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B-1

Appendix C: Description of 1500 Streams . . . . . . . . . . . . . . . . . . . . . . . C-1

iv ARIES™ Software Advanced, Release 5000.1.13

 P
Preface
The ARIES program provides enormous flexibility and power in decline curve analysis and
calculation of cash flows. In this class we will build upon the basic functions you learned in the
ARIES Fundamentals class. We will expand on some of the topics taught in the Fundamentals
class, as well as, discuss new topics. After taking this class you will be able to take advantage of
the flexibility and power available in ARIES.

Overview

The following is a brief description of the course content. The topics are
presented by Module, with a final chapter covering features that
encompass two or more modules.

Chapter 1 – Database Stucture

• The ARIES database structure

• ODBC connections, revisited

Chapter 2 – Project Manager

• Using the Data Transporter to transport cases into an existing
database and exploring the different options available.

• Revisit the power of the Global Editor

• Explore the functionality of the Master Table Drop Down Menus

Chapter 3 – MultiGraph
• Explore AutoCast feature of MultiGraph.

• Plotting Monthly and Daily data on the same graph.

• Plotting Economic Limits.

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• Plotting Monthly results from Economics.

Chapter 4 - Economics
• Examine Key Economic settings.

• Advanced Keywords and Functions.

• Risking

• Explore using data from Excel in the Economics section. For

example, simulator data.

• Using the LOAD line to overwrite a forecast. For example, when

the start date occurs prior to the last production. This Keyword
allows the actual production to be substituted for the forecast.

• Explore Batch Macros and their power.

Chapter 5 – Across the Modules

• Exporting/Importing Economic Data from the Project Manager

• Incremental Economics for a Workover, using an econ group

• Running Incremental reserves in ARIES, using ARIES Modeler.

An example of a 1P and 2P incremental is given.

• Using the Property Replicator to create and schedule a large drilling

program.

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Database Structure
The first discussion in this chapter covers the database options available with ARIES. Much of
this discussion is theory, but we feel that this theory is helpful in gaining a complete
understanding of the database structure.

Once we have covered database structure, we will discuss how to set up an ODBC connection to a
database that was sent to you. In this case, Pandora is interested in selling some properties and has
sent you a database containing all the properties for sale.

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Overview

This chapter covers the following subjects:

• The ARIES database structure

• Setting up your ODBC connection

ARIES Database Structure

The traditional ARIES software data structure has three tiers: the
Database (which is accessed as a data source), the DBS (database
system), and the Project. With ARIES software, you can tailor the
database system to meet your specific requirements.

In this section, we will discuss the database structure. First, however, we

need to explain what an ODBC connection is and the elements involved
in setting up this connection. Second we will discuss table sets and
underlying tables in the ARIES database. Third, you will set up your
own ODBC connections.

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ODBC Connections and Data Sources

ODBC stands for Open Database Connectivity. Open Database
Connectivity enables you to use one of several relational databases for
your ARIES database. ODBC also lets you use your own company
databases for ARIES data.

When you set up an ODBC connection, you define three items: the
drivers used to connect to your database, the path to your database(s)
and the name of your database(s). You can think of your drivers as the
translators between ARIES and your database. ARIES sends the data to
a driver. The driver then translates the data into a form that can be read
by Oracle, or SQL Server, or Access. If you were translating a book, you
would probably have one translator for each language. Drivers are the
same. You have one driver for Oracle, a different driver for SQL Server,
and so on.

When you set up your ODBC connection you give the connection a
name. This name is called a data source. Later in this chapter we will
show you how to set up a data source.

When you open ARIES, you select the data source to use for a particular
session. Your company can place all of its properties in one data source
or into several data sources. We will discuss this in more detail later in
the chapter.

An ARIES data source contains three types of tables: system tables,

economic instruction tables, and data tables.

System tables are tables that ARIES uses for organizing data and
running its program. Think of these tables as housekeeping tables. You
should not enter these tables (through the database software) unless
specifically told to do so by ARIES personnel. Some of these tables
(such as the graphics instruction tables) are accessed in ARIES through
dialog boxes. If a dialog box entry is available, enter data into these
tables only through the dialog box interfaces.

Economic instruction tables contain instructions for economics. These

tables are accessed through dialog boxes within the ARIES program.
For example, you can design your own scenario. The data input in the
scenario dialog boxes is stored in some of the economic instruction
tables. Always use the dialog box interface for these tables. Do not enter
data directly into these tables unless specifically told to do so by ARIES
support personnel. Economic modeling scripts are also examples of
economic instruction tables. These scripts are often used in incremental

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economics. These scripts are widely used to model Production Sharing

Contracts (PSC) clients have from different counties.

Data tables store the raw data used by ARIES. Your title information
and production and test data are examples of this information. Some
data tables store the results of ARIES calculations. Other programs can
also use these tables. For example, your accounting department might be
using the same production table that ARIES uses. Your company might
enforce severe editing constraints on the data within some of these
tables. You should access these tables only through ARIES. Within
ARIES you can edit, import into, transport into, and manually enter data
into the data tables. Only database administrators should enter these
tables through the database program.

When you open ARIES you must select a data source to work with. This
data source must contain the database that contains the system tables.
The economic instruction and data tables can be located in the same
database as the system tables or they can be stored in one or more other
databases. How does ARIES do this? ARIES does this by using table
sets.

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Table Sets
A table set is a set of data and instruction tables. When you define a table
set, you define the location of all the tables associated with that set, the
table descriptions, and the table aliases. The system table that manages
this is named ARSYSTBL.

The following display shows the ARSYSTBL for the

Table_Set_Demo.mdb database. The table set for the class database
is called CLASSIC. In this figure we modified the daily production
items and added others to show a second tableset. The modified items
are circled.

This table lists the Economic instruction tables and the data tables. One
of the characteristics of these types of tables is that they all have an alias.

You can tell an Economic instruction table from a data table by the entry
in the Parent column. The data tables have an M in this column while the
economic instruction tables say NONE (except for the Master,
AC_PROPERTY, which has NONE). The M in the Parent column is

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the alias for the Master table. All the data tables refer to the Master table
since the Master table is the only data table that contains the DBS name.

Note

You cannot create your own economic instruction tables. The only tables that can
be used for economic instructions are those shown in the dialog box above. You can
give these tables different names, but you cannot change the alias of the instruction
tables.

Notice that for the CLASSIC table set all the tables, except for the Daily
Production table, are located in the same data source as the system
tables. This is designated by the expression “ODBC;” in the ODBCSRC
column. For our example, the Daily Production table is located in the
DAILY_PROD data source. You must have an ODBC connection
defined for this data source in order to connect to it.

At the bottom of the ARYSYTBL, we are beginning to define the

NEWSET table set. In this example, we want to use the same Master
table for both the ARIES and NEWSET table sets. The Master table is
located in the same data source as the system tables. Therefore, the entry
for both is ODBC.

The NEWSET Economic and Eco Case tables are located in the
NEWFILE1 data source. The Daily Production table is connecting to a
data source named NEWFILE2. Again, you must define ODBC
connections before you can connect to these data sources.

As you can see, table sets give you a lot of flexibility. You can have
multiple table sets in a data source. Some of the items we discussed
include:

• One table can be used in more than one table set.

• One table set can have tables in multiple data sources.

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So what information is used on a data source vs. a table set level? The
following chart lists all of the tables in ARIES and the level for each one.
The type of table defines whether the data stored is used on a table set
or data source level.

Data Source or
Table_Name Alias Type of Data Table Set Level

AC_DAILY DP Data Table Table set

AC_DETAIL DT Data Table Table set

AC_ECONOMIC EC Data Table Table set

AC_ECOSUM EZ Data Table Table set

AC_MONTHLY EM Data Table Table set

AC_NOTE NOTE Data Table Table set

AC_ONELINE OL Data Table Table set

AC_OWNER OW Data Table Table set

AC_PRODUCT MP Data Table Table set

AC_PROPERTY - (Parent) M Data Table Table set

AC_PZFCST PZ Data Table Table set

AC_RATIO RATIO Data Table Table set

AC_RESERVES RESV Data Table Table set

AC_SCENARIO SCENARIO Economic Instruction Table set

AC_SETUP SETUP Economic Instruction Table set

AC_SETUPDATA SETDATA Economic Instruction Table set

AC_TEST WT Data Table Table set

AC_WELL WD Data Table Table set

AR_GLOBALTEMPLATES Later Version of ARIES Data source

AR_SIDEFILE ESF Economic Instruction Table set

AR_USERTEMPLATES UTMPLT Later Version of ARIES Table set

ARCOMMENTS GRFCMT Data Table Table set

ARCURVE System (Graphic Instructions) Data source

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Data Source or
Table_Name Alias Type of Data Table Set Level

ARENDDATE ENDDATE Economic Instruction Table set

ARFILTER System Data source

ARFILTERS System Data source

ARGRAPH System (Graphic Instructions) Data source

ARGRAPHCURVE System (Graphic Instructions) Data source

ARI_BULKDATA ARIBULK Data Table - Modeler Table set

ARI_SCRIPT Economic Instruction - Modeler Data source

ARI_SCRIPTHDR Economic Instruction - Modeler Data source

ARIESSCHEMAVERSION System Data source

ARLOCK System Data source

ARLOOKUP LOOKUP Economic Instruction Table set

ARPLOT System (Graphic Instructions) Data source

ARSTREAM System Data source

ARSYSCOL System Data source

ARSYSTBL System Data source

ARTREND System (Graphic Instructions) Data source

ARUNITS System Data source

ARUNITTYPES System Data source

BATCHMACROS BM Economic Instruction Table set

BKTITLES System Data source

DBSLIST System Data source

ECOPHASE EP Economic Instruction Table set

ECOSTRM ES Economic Instruction Table set

GROUPLIST System Data source

GROUPS System Data source

GROUPTABLE System Data source

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 Chapter 1: Database Structure

Data Source or
Table_Name Alias Type of Data Table Set Level

GROUPTEST GPOOL System Table Set

PROJECT System Data source

PROJLIST System Data source

PZCALCINS System Data source

SELFILTERS System Data source

SORTFILTERS System Data source

SORTTITLE System Data source

SUMPROPS System Data source

TBLSETS System Data source

ECONOMIC MODELER RELATED TABLES

ARI_BULKDATA ARIBULK Data Table - Modeler Table set

ARI_SCRIPT Economic Instruction - Modeler Data source

ARI_SCRIPTHDR Economic Instruction - Modeler Data source

RMS RELATED TABLES

BKMEMO RMSBKMEMO Data Table Table set

CHANGE RMSCHANGE RMS Instruction Table set

DEFMEMO RMSDEFMEMO RMS Instruction Table set

NBKMEMO RMSNONBKMEMO Data Table Table set

PHASE RMSPHASE RMS Instruction Table set

RESCAT RMSRESCAT RMS Instruction Table set

RESERVE RMSRESERVES Data Table Table set

RMSDELTA RMSBKDELTA Data Table Table set

RMSH RMSEIAHEADER Data Table Table set

RMSPROD RMSBKPROD Data Table Table set

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Data Source or
Table_Name Alias Type of Data Table Set Level

RMSREP RMSREPORT Data Table Table set

RMSRPT RMSRPT Data Table Table set

RMSSCEN RMSSCENARIO RMS Instruction Table set

RMSSEC RMSSECURITY RMS Instruction Table set

RPTHDR RMSRPTHDR RMS Instruction Table set

Now that you understand what a table set is, how do you define which
table set a particular DBS uses? You define the appropriate table set
when you create a new DBS.

Action
1. Open the ARIESClassadv_dropdown.accdb database by
starting ARIES and selecting the ARIES Class Adv data source.

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2. Click DBS > Setup. You do not need to open a project.

3. Click New. Enter Test as the DBS name, then press <Enter>. The
table set is defined in the DBS properties dialog box.

4. Click Cancel, then close the DBS Setup dialog box by clicking the
Close button (X). This will keep the DBS from being created. The
DBS name and its associated table set are stored in the DBSLIST
table.

There are a few rules that govern a DBS:

• When you enter a property into ARIES you are associating that
property with one Master Table. The Master Table can be used
by more than one table set. Therefore, the property can exist in
more than one DBS. The remaining data, production, test,
economics, etc. might be in two table sets and therefore not
accessible to all users.

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• The property cannot be used by another Master Table unless you

reenter the data into the second Master Table.

• A DBS can be divided into smaller subdivisions called projects.

• More than one DBS can connect to the same table set.

What is the basis for selecting which wells belong in the same DBS?

A DBS should include all the properties that you will frequently total.
While you can add summaries across more than one DBS, it is much
easier to add them if they are in the same DBS. Other factors to consider
are discussed in the How to Structure a Database topic.

Project
A project is a subdivision of a DBS. A project usually consists of the
properties (wells, leases, etc.) that one person works with. For example,
if Engineer 1 is responsible for Field A, he will make a project that
contains only the wells in Field A. Engineer 2, who works with Field B,
will make a project that contains only the wells in Field B. Tech 1,
however, works for both engineers. He might set up a project that
contains all the properties in both Field A and Field B.

The properties viewed by the tech are the same properties that each
engineer views. If the tech changes an item in the Product table for a
well, the appropriate engineer will see that change in his project since
both are viewing the same data.

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Data Source Types

One Data Source/One DBS Model

In the single data source method, all of the properties or wells are stored in
one database and one DBS. The DBS shown here is subdivided into
projects.

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Chapter 1: Database Structure

One Data Source/Multiple DBS Model

This model can be used if companies want to keep the data from two
Divisions or areas separate but also want to use the same scenarios.

Are You Planning to Purchase Properties?

When properties are offered for sale, the sellers often send electronic
files that contains the last reserve report on the properties. ARIES has a
data transporter that enables you to transport (copy) properties into an
ARIES data source. If you are selling properties you can easily transport
the properties for sale into an Access database. The Access database can
then be copied to a disk and sent to potential purchasers. Other uses for
the data transporter are discussed in Chapter 2.

One of the advantages of using ARIES is that you can modify the data
table structures to fit your company’s needs. Therefore, the database
sent to you might not have the same database structure as your
company’s database(s).

If only a few people will be evaluating the properties, you might want to
leave the database in the existing Access database. If you are the
successful bidder, you can then use the Data Transporter to move the
data into your corporate database(s). With the transporter you can “map”

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items in the Access database structure to the items names used in your
tables. This process is discussed in Chapter 2.

If several individuals are evaluating the properties, you may want to

move the database into a networkable relational database such as Oracle,
SQL Anywhere, or SQL Server. If you do so, you can transport the
“purchase” database into an existing data source or make a new data
source. If you transport these properties into an existing data source, you
can transport them into an existing DBS or into a new DBS (and Table
Set). Using a different data source is preferred since ARIES does not
easily move properties from one DBS to another within one data source
if they have the same table set.

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Creating Your ODBC Connection

Previously, the ODBC connection was described as a bridge which

connects to your Oracle, SQL Server or Access database. This named
connection stores the database name and location, and the type of
ODBC driver to use. The ODBC driver is a translator; it is not a
database. ARIES software communicates with all the databases in one
format. The ODBC driver translates this information to a format
acceptable to each database type. A different translator is used for each
database type.

We will now set up a new data source for an acquisition with the code
name Pandora. A database called Pandora.mdb has already been
placed on your computer.

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Action
1. Open ARIES and a Data Sources dialog menu opens.

Note

If ARIES is already running, close all projects then select from the dropdown
Menu File > Connection > Connect

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2. Click New. The ODBC Data Source Administrator dialog box

displays.

Note

Another way to access this dialog box is to select Start > Control Panel >
Administrative Tools > Data Sources > New.

3. Select Add. The Create New Data Sources dialog box opens.

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4. Choose the appropriate Driver name. In our case, choose Microsoft

Access Driver (*.accdb). The ODBC Microsoft Access Setup
dialog window opens.

5. Enter information identifying your data source:

a. Enter the Data Source Name (identifying label).

b. A description, if desired.

c. Click Select and locate the database. Once located, click OK.
The Select Database dialog box closes.

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d. Click OK on the ODBC Microsoft Access Setup dialog menu.

Some of the available choices in the ODBC dialog boxes are

discussed here. Depending on your Windows installation, the drivers
listed will vary. Access your Windows help for more information
about ODBC.

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• User Data Source (Drivers)

This area lists all the existing data sources. The ODBC driver
used to create the data source is also displayed.

• System DSN (Drivers)

This area lists all the existing Oracle or Sequel sources. The
ODBC driver used to create the data source is also displayed.

• Add...
Use this button to create a new ODBC connection.

• Configure...
This button defines or edits the location of the database. For
example you may change the name of the Data Source or the
location of the database. You can also repair or compact an MS
Access database. See action item below.

• Remove
This button deletes the highlighted data source. This deletes only
the data source, not the database itself.

Action
1. With the Data Sources dialog box open, click New.

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2. Highlight the User Data Source name ARIES Class, then click
Configure.

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3. Click Repair. In the Repair Database dialog box you can choose
any MS Access database to repair or compact. Click OK.

4. Keep clicking Cancel until you return to the Data Sources dialog
box.

A Helpful Generic ODBC Connection

You do not have to create a separate ODBC connection for each
Microsoft Access database. You can create a Generic ODBC connection
instead. Then when you open ARIES software, you can select the
Generic ODBC connection option (which we will create in a moment).
When the list of available databases appears, simply select the one you
want, and you are ready to go.

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Action
To create a Generic ODBC, complete these steps:

1. With the Data Sources dialog box open, select New. The ODBC
Data Source Administrator dialog box appears.

2. Select Add, then select Microsoft Access Driver (*.accdb).

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3. Enter the information shown in the following image, and then

click OK.

4. Click OK to close the dialog box.

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5. When the Data Sources dialog box appears, select the data sources
you just created: Generic Access ODBC Connection.

6. Select the desired .mdb file, and then click OK.

This action allows you to choose any MS Access database in the

ARIES format. This is useful when you only need to look at it once
or twice.

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Chapter Summary

In the chapter we learned:

• The definitions for ODBC, data sources, table sets and DBS

• The different databases ARIES can use

• Different ways to set up your databases

• How to define a table set to use with a DBS

• How to create ODBC connections

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 Chapter 2
Advanced Project Manager Topics
In this chapter we will discuss how to use some advanced Project Manager functions. We will
show you how to transport data from another database into your ARIES database. Once all the
properties are in the database, we will also show you some advanced subtotaling and totaling
functions.

In ARIES you can organize properties using a grouping function. With this feature you can create
an economic forecast based on the total production of all the properties.

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Overview

This chapter covers the following topics:

• Transporting data into your database

• Global Editor

• Global Titles Property Tab

• Master table drop down

• Multiple System data transport

• Create Multi-Property Note

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Data Transporter

The traditional ARIES software data structure has three tiers: the
Database (which is accessed as a data source), the DBS (database
system), and the Project. With ARIES software, you can tailor the
database system to meet your specific requirements.

In this section, we will discuss the database structure. First, however, we

need to explain what an ODBC connection is and the elements involved
in setting up this connection. Second we will discuss Table Sets and
underlying tables in the ARIES database. Third, you will set up your
own ODBC connections.

The Data Transporter moves selected property data from one data
source to another. The transporter can copy data to an existing data
source or to a new data source. When moving to a new data source,
ARIES creates an Access database and includes all of the data in that
database.

Note

You CANNOT transport from one DBS to another if the DBSs are in the same table
set. This violates key constraints and corrupts the database.

When using the Data Transporter you can either transport all the
properties in a project or only the highlighted properties. Once you have
selected the properties to transport, you can then limit the data
transported. You do not have to transport all the tables or all the data in
each of the tables.

For our exercise, we will assume that we bought the properties in the
Pandora Acquisition data source. We now need to move the data to our
Corporate Database. While we were analyzing the properties in the
acquisition, we noticed that the table structure for the Master and
Production tables in the Pandora Acquisition differs from that in the
Corporate data source. We will use the Filter option of the transporter to
“map” the data in the mismatched table structures from one database to
the other.

The Data Transporter function has a wizard that walks you through the
transporting process. As we import the Pandora Acquisition data we will
walk through the options available in the wizard. When transporting

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data you always start the transporter in the data source from which you
are transporting.

Action
1. Launch ARIES, and then open the Pandora Acquisition Properties
data source.

2. Open the Divest DBS.

3. Open the Divestiture Properties project.

4. Click File > Data Transporter > Entire Project.

Selecting the Target Data Source and DBS

On the first page of the Data Transporter wizard, you specify where you
are transporting the data to. You can transfer to either a new data source
or to an existing data source. If you create a new data source, ARIES
automatically creates a new data source called Transported Properties
and a new Access database called Tranport.mdb. The Access database
will be created in your root directory (C:). If you elect to transport your

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data to an existing data source you specify the data source and DBS to
move the data to.

Action
1. Click the To Existing DBS option button. The Data Source button
becomes active.

2. Click the Data Source button to display the Data Sources dialog
box.

3. Select the Aries Class Adv from the list of Data Sources.

4. Click OK.

5. Click the DBS button and select the Aries Class Adv DBS. This is
the only DBS in this database, but it still must be selected.

6. Click Next to go to the second page of the wizard.

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Selecting and Mapping the Data to Transport

This dialog box is used to define four items:

• The tables to copy (you do not have to copy all of the tables).

• The items to copy (you do not have to copy all of the items in each
table).

• The manner in which to map items from the existing data source to
the new data source. You use the Filter option to perform this
function.

• The amount of data to copy from each table (for example, you can
elect to copy only the production data in 1998). This is called
setting the criteria. Use the Criteria button to perform this function.

This dialog box displays the following information:

Source Table Name

Lists the tables you can copy from in the source data source.

Destination Table Name

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Lists the tables in the target data source. If the same table name is found
in both data sources, ARIES matches them for you. If the program
cannot match table names, it lists the unmatched tables. If ARIES did
not select the correct table to transport into, or if it cannot find a match,
use the list box shown in the Destination Column to match the tables.

Same Structure

When this column is checked, the source and destination tables have
identical structures. If the column is not checked, there are differences
between the two structures. Use the Filter button to resolve the
differences before transporting the data.

Copy Table

Select this check box to copy the Source Table into the Destination
Table. The default is to copy all the tables.

Note that for transporting to a new database, the EcoSum table check
box is unmarked by default, and for transporting to an existing database,
both the EcoSum and Economics table check boxes are unmarked by
default.

For the Pandora Acquisition, we will copy the seller’s economic lines.
Notice in the above figure that the copy table box is not checked for the
AC_ECNOMIC table.

Action
1. Highlight AC_ECONOMIC in the Source Column.

2. Left-click inside the Copy Table box.

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Filter

If the table structures between the matched source and destination table
do not match, use this option to map column title items from one table
to another.

Criteria

Use the criteria function to limit the amount of data transferred from one
source table to its appropriate target table. For example, you can
transport only the monthly production data after 1990 instead of the
entire production history.

Note

The Criteria selection is on a table basis. For example, do not use a Property table
criteria to limit the transported data to only the Colorado wells. For the Property
table, only the Colorado data will be transported. For the remaining tables all the
data will be transported. select your properties in the Picklist, not in data transporter.

Copy All

When checked, copies all matched data from all the tables in the Source
Table to the Destination Table. If unchecked then only the tables with a
check in the Copy Table column are copied.

Mapping Table Items

As discussed earlier, the database structures for the Purchase database
and the Corporate database are different. The Master, Product, and
Monthly tables are different. In the dialog box shown above these tables
do not have check marks in the Same Structure column. Tables that have
the check marks have structures that are exactly the same. For this class
we will disregard the differences between the Monthly tables. In these
tables we will allow ARIES to match as much data as possible but we
will not try to map the differences. We will show you how to map one
table structure to another using the Master and Product tables. The
differences in the table structures for these two tables are defined in the
table below.

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Table Pandora Acquisition Name Corporate Database Name

Master WELL_NAME LEASE

Master WELL_NO WELL_ID

Master FORMATION RESERVOIR

Product OIL_SALES OIL

Product DAYS_ON none

As the table shows, the Master table item for the Lease or Well Name is
different in the two databases. To move the data from one item to the
other we create a mapping. In our example, this tells ARIES to use the
Well Name data from the Pandora Acquisition data source to fill in the
Lease item in the Corporate database. In the Product table, we need to
Match OIL_SALES in the Pandora database with OIL in the Corporate
database. If you want to include a column from the source database that
does not match an item in the destination database, you must modify the
destination database to include the column. For example, the
OIL_SALES item in the Pandora database cannot be transported until
we modify the table structure of the AC_Product table in the Corporate
database.

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Action
1. Highlight the Master (AC_Property) table.

2. Click the Filter button to display the Data Transporter Filters

dialog box.

At the top left of this dialog are the names of the source and target
data tables. The other items in this dialog are:

Filters

If you will be importing data from the same company several times
you may want to save the filter after defining it. If you will not be
importing data from this type of structure again, you will probably
not save the filter. If you have saved filters, use the list box to select
the filter for this transport.

SaveAs

Once you have defined the filter, you can save it using the SaveAs
button. After selecting the SaveAs button, you will be prompted for
a filter name.

Delete

Use this button to delete the filter displayed in the Filters box.

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Spreadsheet Section

Three items are defined in the spreadsheet section: the source

column, destination column, and a copy check box. Notice that
ARIES has matched all items that have the same name. Any items
that do not match are listed at the bottom of the successfully matched
items. The default is to copy each item from the source table to the
destination table. Clear the box in the copy column if you do not
want to transfer a particular table item.

Note

It is very important that you copy the DBSKEY and PROPNUM items from the
source to the destination data sources.

3. Use the scroll bar to scroll to the bottom of the spreadsheet section.

Notice that ARIES was not able to match items in the Destination
Column with items in the Source Column. Where the items do not
match, the Source Column is left blank. Use the list box to match
each item.

4. Click the list box in the Source Column that is next to the LEASE
item in the Destination Column.

5. Select WELL_NAME.

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6. Place a check mark in the Copy column on this row by clicking the
box.

7. Click the list box in the Source Column that is next to the
WELL_ID item in the Destination Column.

8. Select WELL_NO.

9. Place a check mark in the Copy column on this row by clicking the
box.

10. Click the list box in the Source Column that is next to the
RESERVOIR item in the Destination Column.

11. Select FORMATION.

12. Place a check mark in the Copy column on this row by clicking the
box.

13. Notice that we elected not to match all the items that are available
in the source database. We have now finished filtering our Master
Table data.

14. Click OK to leave the Data Transporter Filters dialog box and
return to the second page of the wizard. We now need to filter the
Monthly Production table. The table name is AC_PRODUCT.

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In the product table we need to match the OIL in the Destination column
with OIL_SALES in the Source Column.

1. Match the OIL item in the Destination column with the OIL-SALES
item in the Source column.

2. Place a check mark in the Copy check box on that row.

3. Click OK to return to the wizard.

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Limiting the Data Moved

Now that we have finished filtering the data, we will use the criteria
option to limit the amount of production data transported into the ARIES
Class Adv DataSource. For this example, we will transport only the
production data from January 1, 1990 to the present.

Action
1. Highlight the AC_Product table.

2. Click the Criteria Button.

3. Fill in the items as shown in the dialog box below.

4. When you have finished entering the data, click OK to close the
dialog box. Now we have finished selecting the data to transport.

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Action
1. Click Next to continue the Data Transport process.

Since we elected to copy the Economics data, a warning is shown.

2. Click OK.

Selecting the Merge Data Options

Often when you are transporting data you are transporting into an
existing database. The existing database may already contain some of
the properties. you must select whether to overwrite the existing data or
leave the existing data intact. In the latter case, the new data may not be
transported.

An example of where you would have the same wells is if you are
transporting work performed at your house over the weekend into the
company database. On Friday you would have transported your
properties into an Access 97 database and copied the database onto a
disk. You then load the data onto your home computer and work on the

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properties at home. On Sunday night, you copy the Access 97 database

with the changes back to a disk. On Monday, you move your new
forecasts into the company database. In this instance, you may only copy
the economic table information but you will want all your new
information to overwrite the existing data in the company database.

You use this dialog box to define the merge options available with the
transporter. If data is being copied to an existing database, Data
Transporter detects if data in the destination database already exists. The
following options are used to handle merging data.

Overwrite Destination Data Always

When selected, Data Transporter deletes the matching data in the

destination database and replaces it with the data from the source
database.

Keep Destination Data Always

When selected, Data Transporter ignores the matching data in the source
database and keeps the data in the destination database.

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Prompt

When selected, Data Transporter prompts you to choose either

OverWrite Destination Data or Keep Destination Data whenever
matching data is found.

Action
1. Select OverWrite Destination Data Always.

2. Click Finish.

When the transport has finished, a message notifies you if any errors
occurred in the transport. If the transport contained no errors, the
message confirms that the transport is completed.

3. Click OK to close the Transport Complete message box.

4. Click File, and then click Close to close the current project.

5. To open the Corporate Data Source, click File, Connection, then

Connect again.

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6. Choose ARIES Class Adv as the Data Source, then select the
Landmark DBS.

7. Open the Divestiture Properties project. Click Rebuild.

Since the Show-Id’s have changed, ARIES will prompt you to

Rebuild your Project.

8. Highlight the HOPEFUL RIVER 22-1 CASE, open the Master

Table by clicking the Master Table icon.

9. On the drop-down menu click Window > Tile Vertical.

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10. Click the drop-down of the RSV_CAT Master Table Item.

Notice that the Master Table has drop down items. In the next
section we will update RSV_CAT to the standard for the ARIES
Class ADV Data Source. Then we will discuss how the drop down
menus function.

11. Rename your project Pandora Acquisition by highlighting the

project name, then right-clicking to get the Project Properties
window.

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12. Right-click anywhere in the Project and select Build Property List
> Select, Sort, Total (or use the hot key F4). Notice that two items
are blank in the SST portion of the Query.

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13. Fill out the dialog window as indicated, and then select OK.

14. Save the project. Using the Save As command will create a new
project. Using the Save command will rename the project.

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Global Editor

In the ARIES Fundamentals class, we explored the Global Property

Editor. In this section we will use this editor to update items in the
Master table. In the drop down feature of the Master table, the
RSV_CAT values were PDP, PDNP, POSS, PROB, & PUD. Our new
properties contain the values 1PDP and 4PUD. We need to change these
to match the current standard. The Master table also contains an item
called ACQUISITION, we will also update this with the value of
“PANDORA”.

Action
1. Make sure the Pandora Acquisition is the only open project.

2. Select Tools > Global Property Editor to obtain the editor’s

screen.

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3. To update all marked properties in the project, set the following

items, then click OK.

4. Verify that the number of records is what you expected, then select
Yes to change all the marked properties, or No to return to the
Global Property Editor.

5. Verify that the number of records is what you expected, then click
Yes to change all the marked properties, or No to return to the
Global Property Editor.

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6. Set the following set of parameters to select only the properties

with 1PDP in the RSV_CAT item of the Master table. Then set the
parameters to choose the properties with 4PUD. Select Yes for
each.

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Global Titles Property Tab

For properties, economic report pages only display titles that come from
the economic data title lines, if present. If none exist, the property
ShowID is used.

In addition to populating the economic data lines individually, you can

use the Global Titles Property Tab to enter a set of lines that you want
to merge into the existing economics data titles for multiple properties
at once.

For our Pandora Acquisition, the Economic Title lines do not

correspond to our class database. So, we want to replace the title tiles for
all the Pandora Acquisition properties.

The following Action item describes a general work flow to accomplish

this task on our Pandora Acquisition project.

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Action
1. Select (No. Scenario) from the Scenario drop-down list.

2. From the drop-down menus, select Definitions > Global Titles >
Property tab. These lines represent the standard for our class
database.

3. Close the dialog box.

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4. From the drop-down menu, select Edit > Titles > Delete from
Economics.

5. Select All titles, and then click OK.

6. Note the results in the dialog box and click OK.

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7. From the drop-down menu, select Edit > Titles > Write to
Economics.

8. Select Use blank qualifier.

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9. From the drop-down menu, select Edit > Titles > View Current
Property.

10. This screen displays the new lines in the current case. Click OK.

11. Close the project.

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Master Table Drop Down Menus and Requested

Items

Master Table Drop Down List

To improve corporate control of items in the Master table you can
designate certain items as "corporate requested" and can have the editor
check that they are present before exiting. The requested items appear in
the normal "down" view of the Master table editor with asterisks in front
of their names. By checking this boxes outlined below, users have the
option update the requested items or ignore the request.

To simplify user entry and improve corporate control of items in the

Master table, you can display and select designated text items from
dropdown lists within the editor. These items will thus be correct and
properly spelled. The basis for these lists is a new user-created table

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connected through ARSYSTBL. Note that the drop-down list feature is

separate from the requested item feature.

Action
1. Open the Master Table.

2. Right-click the master table to get the speed menu.

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3. Select Properties from the drop-down.

4. The Table Properties box is displayed.

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5. Select the Column Properties tab of the Table Properties.

6. Close The Table Properties editor.

Project Manager Table Editor

To simplify user entry and improve corporate control of items in the
Master table you can select values for designated text items in the editor
from drop-down lists. These text items will thus be correct and properly
spelled. The basis for these lists is a new user-created table. The drop-
down items appear in the normal “down” view of the Master table
editor. To use drop-downs, click on the drop-down arrow on a row,
highlight the desired value in the list by scrolling and clicking, or by
typing one or more characters, then select it by clicking it or pressing
Enter. If manual entry is enabled for this drop-down, you can also type
in new text and select Enter. The Master table will be populated with this
manual entry, but it will not be added to the item list table. The drop-
downs do not appear in the abbreviated dialogs you fill out when you
create new properties.

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The steps involved in setting up drop-down lists are described below:

1. Create the Item List Table: This first step is done outside of
ARIES. You create a table in the database and populate it with rows
of values for your drop-down items. The name of this table is limited
to 60 characters, for example, AR_ MASTER_LIST. It contains
three columns, all of which are text, and all of which are keys:

• TABLE_ALIAS contains the alias of the table in which the drop-

downs will appear. This is currently limited to “M” for the
Master table. It is 8 characters in length.

• COL_NAME is the text type item name within the M table for
which the value listed next is to be displayed in the drop-down.
It is 30 characters in length. These entries determine which items
you can specify as drop-downs.

• COL_VALUE contains the individual text values to be displayed

in the drop-down. To avoid truncation it should be long enough
to hold the longest item value you will use, with a maximum

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length of 254. A simple example table is shown below. Your

table could be quite long.

This table does not have an alias, is not tied to a particular DBS, and
is not editable from within ARIES. It must exist in the database
before the checkbox on the Properties tab (described below) can be
enabled.

2. Specify Table and Enable Drop-downs: Enter the name of your

item list table on the row in the middle of the Properties tab of the
Master table properties dialog. Then enable the overall drop-down
feature using the Enable editor dropdown lists check box. If you

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deselect the box, the drop-down arrows will disappear, but the table
name and item set ups will remain. Changes you make to these
settings, or to the individual drop-down item setups, will not be
displayed in the editor until you close and reopen the Master table.
Enabling, setting up, and changing these features require the user to
have update permissions for the ARSYSTBL and ARSYSCOL
tables. Using the features does not.

3. Designate Drop-down Items: You designate which of the Master

table items are to have drop-downs, and which type of drop-down,
in the Create From column of the Column Properties tab within
the Master Table Properties dialog box. For each of the items that
are named in COL_NAME of your item list table, the Create From
column options will include “Drop-down list” (select only) and
“Drop-down manual” (select or manual entry). This column was
formerly named Key Rule, and all the previous key rules and
options (such as “System generated”) for the other items remain.
These selections are written to ARSYSCOL, so you must have
update rights to it.

4. Modifying the Drop-downs: When you want to provide a drop-

down for a new Master table item, the first step is to add at least one
new row to the list table with COL_NAME filled out on it. This is
done outside of ARIES. Then go to the Column Properties tab and
specify the drop-down type for that item. You can remove the drop-
down for an item by replacing the Create From entry with a blank.
When you want to change the values that drop down for a particular
item, you can add, remove, or modify rows in the list table for the
COL_VALUE’s of interest. This is done outside of ARIES. No
setup changes are needed.

5. Data Transporter: You can create a copy of your drop-down item

list table when transporting a database. A check box on the second
screen of the Transporter Wizard enables this and provides the
option for the copy to be empty or populated.

Multiple System Data Transports

To simplify transporting the same system data to multiple databases,
you can retain the lists of all the items you select on all the detail tabs for
reuse until you exit the transporter. To do this, mark the new check box
labeled Retain all tab settings and remain in System Transporter at the
bottom of the Connect and DBS tab.

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Marking this option causes the transporter to remain open on the

Connect and DBS tab after the current transport is complete and to retain
the lists of selected items on all the other tabs. To transport again,
specify another destination database and select OK. When the last
transport is complete, select Exit to close the dialog and discard the
settings.

Action
1. Open a single project.

2. Select File > Data Transporter > System Data.

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3. Select the datasource and DBS names as shown.

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4. Select the Scenario Data as shown below. Decide if you want to

overwrite any scenarios with the same name.

5. Select OK. Notice that the System Data Transporter remained open.

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6. Select Exit.

Create Multi-property Notes

To document significant events, such as an acquisition, you can create a
Note and insert it into all the active properties in your Picklist at once.
This is not a "common" Note that is shared by all properties. Instead it
is populated to each of the properties as a regular Note that is viewed or
modified using the regular Note features.

In case you already have any Notes on the specified date, you specify
how to resolve the conflicts by selecting one of the radio buttons:

• Append - appends this text to the existing Note, truncating the new
text as needed to fit the size limit.

• Skip - skips creating this new Note for the property with the
conflict.

• Replace - replaces the entire existing Note for the property with the
new text.

Action
1. Open the Pandora Acquisition project.

2. Select Tools > Create MultiProperty Note.

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3. Set the Note Date to 11/15/2014.

4. Enter note as show below.

5. Click OK.

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Chapter Summary

In this chapter we:

• Learned how to transport properties into an existing data source

— to select and map the data to be transported

— to limit the amount of data being transported

• Revisited the Global Property Editor

• Learned to rewrite the economic title lines

• Explored the master table drop down menus

• Learned to transport system data to multiple entities

• Learned to create a note for multiple properties

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 Chapter 3
Advanced MultiGraph Topics
In this chapter we will discuss how to use some advanced multigraph methods to provide efficient
ways to help expedite forecasting and plotting or displaying of your data.

In ARIES there are many options you can create in MultiGraph, we will show you in this chapter
how to generate existing forecasts easier, plot the economic limit for your properties, plot both
monthly and daily data on the same graph, show economic the limit, and plot data from forecast
tables.

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Overview

This chapter covers the following subjects:

• AutoCast - Fit and Forecast

• AutoCast - Updating Curves

• Daily Data Curve

• Plotting economic limit

• Graph Economic values from Monthly table

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AutoCast

Overview
You use AutoCast to automatically create new forecasts for all the
marked properties and some types of groups in your Picklist. With the
Fit and Forecast option, you can do the following:

• Perform quick, initial curve fits and production forecasts for large
numbers of properties, such as, for a first look at an acquisition.
This is not intended for regular mainstream production and reserves
work.

• Update your existing forecast curves by sliding down to a new

starting date. This is a simple way to use your previous forecasts
but with a new START date and qualifier.

Note

AutoCast is not a substitute for your forecasting judgment.

Best Practices
• The Fit and Forecast feature is intended for first looks at new
properties, such as an acquisition. It should not be used on your
mainstream properties. If you do, be careful with the qualifier you
specify, or backup your database first.

• Generally, you should use Fit and Forecast on all the phases and
ratios at the same time, rather than doing them piecemeal.

• Use special qualifier names for storing the new forecasts, such as
TEMP1, so you can easily find them later. This is especially
important if you run the Fit and Forecast on your regular properties.

• Avoid using the same qualifier for GETs and PUTs for the Update
Start option.

• The two fitting options use the un-culled data points between your
range lines. You can set these culling options in the Global
Forecast tab so that representative values are more likely to be used
for fitting. Some approaches are:

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— Set the beginning range line to High Major plus x months to

remove start up values
— Set the beginning range line to Last Actual less x months to use
only the most recent x months of data
— Set IntelliFilter to be performed automatically
• You should generally save the run log to a file after the run. This
lets you easily search the text for words in the message items, such
as, for “major” phase fitting problems.

• As in all batch type operations, if you are using an Access database,

consider its size (the Microsoft limit is 2 GB) before you begin
AutoCast on a large number of properties. You may want to
compact it first.

Fitting and Forecasting Using AutoCast

This feature of AutoCast allows you to automatically perform curve fits
and create new forecasts for all the marked properties and some types of
groups in your Picklist. It is primarily intended to perform quick and
easy initial forecasts for large numbers of properties, such as, for a first
look at an acquisition. As noted above, AutoCast is not a substitute for
your forecasting judgment. The following action item will model an
example of the Fit and Forecast feature of MultiGraph.

Action
1. Open the FIT & FORECAST project. All active items in your
project will be processed.

2. Select the first case and open the Expert Editor in Economics.

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3. Open MultiGraph and open the graph

AUTO_FIT_RateTimeSemilog.

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4. Double-click in the background of the graph and select the Global

Forecast tab. You will see a typical setup for Fit and Forecast. The
PUT qualifier is indicated, PUT ALL will update the cums line, and
the IntelliFilter is automatically applied. Also, for the example,
limits are placed for a constrained hyperbolic fit.

5. Close the scheme dialog box.

6. From the drop-down menu, select File > AutoCast.

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7. In the AutoCast dialog box, fill out the items as indicated. In this
example, we will Fit and Forecast using the
AUTO_FIT_RateTimeSemilog graph.

8. Click OK. The following dialog box displays.

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9. Click Yes to begin processing. The following log file displays.

10. Save the log file to the directory of your choice. You may open this
with Notepad.

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11. With the scenario AUTO_FIT select, open the RateTimeSemilog

graph. Below are two results from the Fit and Forecast.

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12. Return to the Project Manager and open the table Forecast.

13. Open the Economic Editor, set the view to View by Scenario with
the scenario AUTO_FIT.

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Updating Your Forecasts Using AutoCast

One of the efficient options in MultiGraph is AutoCast. If the historical
production for a number of wells has not changed considerably since the
last projection date, then this workflow will be a time saving option.
Like the majority of other workflows in ARIES, it is project based so
only the wells in the project will update and not the all the wells in the
database.

For this exercise, we will be working with a project of Texas wells only.
All these cases contain 2014Q3 in the production section of economics.

Action
1. Open the Texas Wells Project.

2. Open the Sort and Set Sub-Totals (SST) box.

You will see that this has all cases with a qualifier of Y2014Q3 in the
production section and is sorted by FIELD, LEASE, and WELL_ID. In
the database the Lease name and the well number are a separate items in
the master table.

3. Close the SST box.

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4. Use the drop-down File >Save As to save the file as

2015Q1_cases.

5. Select the first case and open the Expert Editor in Economics

6. From the drop-down menu choose View > View by Scenario and
select the scenario 2015Q1.

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The first qualifier found is 2014Q3 and that is the qualifier that will be
used for this property through the AutoCast process. For each case, the
qualifier used is based on the Scenario Hierarchy.

7. Close the Scenario Editor and Economic Editor.

8. Open MultiGraph open the graph

AUTO_UPDATE_RateTimeSemilog.

Next make sure the correct scenario is selected, ARIES will look into the
scenario and find the first qualifier that matches the qualifier in the
production section of the case.

In this example 2015Q1 is the selected scenario. The first qualifier that
is found is 2015Q1 and that is the qualifier that will be used through the
AutoCast process.

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Setting Up the Graph Scheme

The graph scheme entered above controls which curves' forecasts will
be updated based on your entries on the Curves tab. If a curve does not
exist in the list, as filtered for property type, its forecast will not be
updated.

The Global Forecast tab contains the old qualifier and the new START
date and qualifier.

Information on the Structure and Appearance tabs does not affect this
process.

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Storing Forecasts Section

• The new START date must be defined, either directly as a MM/
YYYY date or indirectly through one of the other available options.

• PUT qualifier must be defined, either directly by name or indirectly

through the current scenario. This entry should normally not be the
same as the qualifier used for the Retrieving entry. Do not set it to
PROMPT.

• The PUT ratio and PUT as remaining check boxes are ignored.

• The check box for “PUT All always updates CUMS line” is
ignored.

• The drop down box for “PUT All when change property” setting is
ignored.

• The drop down box for “PUT final TIME Ratio point at” setting is
ignored.

Retrieving Forecasts Section

• The GET qualifier must be defined, either directly by name or
indirectly through the current scenario. This entry should normally
not be the same as the qualifier used for the Storing entry. Do not
set it to PROMPT.

• The check box for “Automatically GETALL forecasts” is ignored.

Initialize Section
• The “Set Walk point” entry only matters if the Storing Forecasts,
Set START Point value is entered above as “Walk point”, to
reference this entry. Then the entry here will control the new Start
for the update.

IntelliFilter Section
• This section is not used for Auto Cast. This feature removes
unrepresentative historical data points to improve forecasting. We
will discuss this section later in the chapter.

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Other Required Setups

• Set the Graph Setup, Preferences item to use only the first qualifier
on GET.

• Turn off the View, Multiple Properties option.

• Mark the check box for “VCR buttons skip summary nodes” on the
Project Manager, Definitions, Preferences, System Settings dialog
boxes.

• Select the scenario for AutoCast to use when updating forecasts.

To begin the process, close the Economics Editor and click File >
AutoCast…

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After you have selected AutoCast, you will see the window below where
you will select Update Start for Auto Method and choose the graph
template you are using to the right of Graph scheme basis, and then
click OK.

Note

To change any item in grey, select the Fit and Forecast option from the Auto
Forecast drop-down list. Change the items you want. Then reselect Update Start.

The Update Process

Selecting OK on the AutoCast dialog starts the updating process, which
follows the Picklist for marked properties and groups. A run window
provides information on how the updates are progressing. This
information is also written to the AutoCast.log run log file.

As the update for each property begins, the message “Updating

Property [ShowID]” appears. AutoCast begins updating each curve
displayed in the graph and provides specific exception messages, by

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curve name, if an unusual situation occurs, replacing any exiting lines.

Only the curves used in the graph are replaced.

For producing wells the new START date specified is generally equal to
or later than the one on the existing forecast. If it is, we update the
forecast Qi, decline rate, and cums, and store them using the new
qualifier.

If the new START date is earlier than the one for the existing forecast,
we assume the well is not yet producing. In this situation we do not
change its start date. We simply Put the forecast from MultiGraph using
the new qualifier. The log message states “Non-producing [Curve
name] forecast updated only for qualifier”. Note that this is the only
AutoCast Update behavior that differs from what happens in the manual
process. In the manual process if you Put to an earlier date, the old
forecast is extrapolated backward to the new date, resulting in an earlier
and generally larger well.

A similar situation can exist for a shut in well for which you have
scheduled a workover in the future. To properly model this, enter a zero
production row in the MP table, at least for the last month of shut in.

If the new START date is past the end of the existing major phase
forecast, we assume the well is abandoned and do not create new
forecast lines. The log message states “The Put date is past life of the
forecast. No forecast Put for [Curve name]”

If there is no current forecast for the curve, the message states “No
forecast Put for [Curve name]”. The same message appears if the
curve is a non-phase, such as NET(GAS), which cannot be forecast.

If the existing forecast begins with LIST mode data, and the new date is
on or after the date the formula method begins, we walk past the LIST
data and update the formula lines. If the new date is in the middle of the
LIST mode period, we cannot update the forecast, and produce a
message “No forecast Put for [Curve name]”.

During the Puts, MultiGraph stores the forecast results to the end of the
final month. So this automatic updating, as when you manually walk the
old forecast yourself, can produce slightly higher recovery than shown
in the Results Box, which might be based on a specified volume that is
reached in the middle of the month.

The AutoCast Update feature honors complex START conditions

including ENDDATE and DELAY. It resolves these parameters to

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determine the proper date, then updates it and Puts it using the standard
START MM/YYYY format.

Once the process is done, you can save or print the process from its log
file by clicking on Save Log or Print Log button.

Below is the view of the expert economic editor after the AutoCast
process is completed for the AXELROD 1 property.

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Plotting Monthly and Daily Data on the Same Graph

Overview
Several companies currently convert their monthly data to a daily unit in
ARIES MultiGraph, using either the calendar day or average day option.
The question is then: can you show both the calculated daily data from
a monthly value and display it with actual daily data on the same graph?

Building the Curves

Once you are in MultiGraph, select from the top menu Setup > Curve
Definitions.

Action
1. In Project Manager, open only the project DAILY & MONTHLY.

2. Make the Lopeno #1 active.

3. Open MultiGraph.

4. Select from the top menu Setup > Curve Definitions.

5. Select the Gas Curve.

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6. Copy and paste the Gas curve to another name, CalDay_Gas.

7. Open the CalDay_Gas curve by double clicking on the curve name.

8. Under the History tab you will need to change the Gas stream to
calculate a daily volume.

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9. Click on the button to the right of the stream GAS.

10. Highlight the cell where GAS is currently in the Curve Expression
window and delete the name.

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11. Then in the list below double click on CALDAY. Double click on
the open bracket, double click on the word GAS, and then close
bracket. Click OK.

Also check the units for the Y-axis label and make sure they sync with
a daily value/result.

Connect Points – This might be a modification you make on the daily

curves.

• No, means none of the data points will be connected, they will
show up on the graph as data points only.

• Stair Step, will connect the points with straight lines, both vertical
and horizontal to give a stair step look to the data points.

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• Point to Point, will connect the data points with vertical, or angled
lines only.

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12. Click on the forecast tab and adjust the abandonment rate. The
original number was tied to a monthly curve, for a daily curve you
will need to drop the value/item number.

13. In the cell that shows the Formula for recalculating this forecast,
when other forecasts change, you will need to update the formula
in the cell to represent the new curves. If this change does not
happen then the subordinate or independent phase will not appear
on the graph during the process of building the forecast.

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a. To change the contents of the cell, you can either type directly in
the cell, or as in the History tab you can click on the to the
right of the formula cell.

b. The easiest way is to make the change is to type in the cell.

Note

The names in the cell are the curve names, and the curve name must be entered
exactly into the cell with the same name as it was created, upper and lower case
sensitivity does make a difference.

14. Click OK.

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You will need to follow the same procedure for the OIL, WATER,
GOR, and YIELD, if needed and they are not already created.

15. Next create a new graph scheme named CalDay Rate Time
Semilog.

16. Highlight the Rate Time Semilog graph scheme, press <Ctrl-C>,
then <Ctrl-V> and type the name CalDay Rate Time Semilog in
the highlighted cell.

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17. Double click on the new graph scheme to open the template, then
click on the curves tab. Change the existing Oil, Gas, Water, GOR,
and Yield curves to the CalDay version of those same original
curves, as shown below.

18. To add the daily table curve to the graph, click on the first drop
down for row 6 and choose the Day_Gas (Daily table gas
production) curve, the Y-Label column choose Right 2.

The Position column is very important: this is where you sync the
calculated monthly data with the daily table data. In this example
the CalDay_Gas curve is set to Y-Label position of Left 2 for the
two curves (other curve Day_Gas). To use the same Y axis scale
you must set the Day_Gas curve to a position of Left 2. For the Prop
Type Column you can choose All and then click OK.

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Below is an example of calculated monthly production data and daily

production data synced together.

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Example of a completed graph:

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Plotting Economic Limits

Two options let you draw the economic limit line and display selected
reserve and forecast results on plots. The line and results are based on
economic values from the Oneline table for the specified scenario.
These options are available for individual plots, batch plots, and for plot
previews. Additionally, the legend display has been streamlined to
improve plot presentation.

These options are specified in the Plot Layout instructions and are
available for all rate-time and rate-cum plots of individual properties as
well as of production groups. No display is presented for the members
contained within a group.

For summary groups the results are based on summing the Oneline table
values for the members, unless you are plotting only the summary group
node. In that case, the results are based on the summary node Oneline
results.

For summary nodes, a reduced set of results appropriate to that level is

shown.

Overview
The first plot option draws a vertical marker line and symbol at the life
of the property, based on the economic results for a specified scenario.
You define the appearance of this line and symbol, which are also
displayed in the first section of the legend block.

The second option lets you define and include text labels and economic
values under the line and symbols in the new economic legend block
section. These items come from the Oneline table, based on scenario,
and so must exist there and be included in the Output Streams list, prior
to plotting.

The history and forecast lines and legend results for the curves are
essentially unchanged. They correspond to whatever technical
abandonment limit was set. The legend results for them reflect this
technical life.

The legend results that are displayed for various types of curves and
forecasts have been streamlined by eliminating rows that do not apply.

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For example, even if you have selected the display option “Tech
Forecasts + parameters” we remove extraneous items for:

• A dependent phase where its forecast is computed from another

phase and a ratio - the decline parameters are removed.

• A phase without a forecast- all items except the reference date and
the actual cumulative production are removed.

• A ratio curve without a forecast, such as WOR below - all items

except the curve name and line and symbol are removed.

For ratio curves the items displayed now include Rbeg (the beginning
ratio), Rend (the ending ratio), the correlation type, and the slope “m” of
the ratio line. The ending point for the ratio, in years, is still displayed.

This is the plotting example we will now create.

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Plot Layout Instructions

The Titles tab has not changed. The Legend tab is improved, and a new
Economic Limit tab is added.

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Legend Tab
The Legend tab has been streamlined and a new option added. The
Display drop-down in the Legend section controls the information to be
shown in the regular legend sections. The choices reflect levels of
increasing detail to be displayed.

The drop-down options are:

• None - no curves type legend information is displayed. This

replaces the former radio button. Selecting None grays out the
remaining three items in this section. Selecting None also disables
the EL Legend check box on the Economic Limit tab. Without the
legend box there is no place to display the results.

• Curves only - this is a new, smaller information set that shows only
the curve name, line, and symbol.

• Historical - adds the reference date and cumulative production

items to the above.

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• Technical forecasts - adds the qualifier and current technical

forecast result items to the above.

• Tech forecasts + parameters - adds the forecast parameters to the

above.

The History and Forecast Labels section has not changed.

Economic Limit Tab

This new tab controls the drawing of the vertical EL marker line and the
inclusion of economic results in a new legend block section.

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Economic Limit Marker Section

To draw a vertical line at the economic limit cutoff point mark the Draw
Economic Limit line checkbox. The location of the line is based on the
OL table “life” value (M4) for the current scenario. You specify its
appearance using the following four values:

• Line type - select the line type from the drop down.

• Line weight - select or enter the line weight.

• Symbol on top - select a symbol to display.

• Color - select the color for the line and symbol.

These line appearance settings are also used for the line that follows the
text label “Econ. Limit” at the top of the legend.

Economic Limit Legend Section

To include results in the economic limit legend section, mark the
Include economic values section check box. You can enter or edit the
values below even if this check box is unmarked. This check box is
disabled if the drop-down option None is selected for Legend on the
Legend tab.

The desired economic items results are defined on the rows in the grid.
For each item you want, enter a text label in the first column, using up
to four characters. We will append the equal sign to what you enter. In
the second column specify the item name from the Oneline table to use.
This can be either the normal column names like M6 and C370, or
keyword text names you have aliased to these items in the Output
Streams list. If a requested item is not present in Oneline, we display a
blank.

Other Legend Changes

Several other legend items have been streamlined or added. For
example, unneeded rows for phases that are calculated rather than
forecast are removed. Ratios show beginning and ending ratio values,
slope, and method rather than exponential or hyperbolic parameters.

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Action
1. In Project Manager make the Half Pint 2 case active and select
LVIEW as the current scenario.

2. In MultiGraph select File > Open > RateTimeSemiLog_EL.

3. Select Plot > Preview Display.

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Plotting Monthly Results from Economics

At certain times in the reporting process users are asked to plot

economic results. To see this type of a plot there a few steps of
preparations that you need to follow. Below is an example process.

First capture the results in one of two economic output tables, either the
detail or monthly table through the economics module.

To capture results into the detail or monthly table, open the economics
module and choose setup and then click on run settings.

Update tables portion of the run settings window will provide the
choices of tables to save results to.

Update tables
• Oneline – This table saves cumulative results and other economic
indicators. These are single values normally tied to the life of a
property in ARIES.

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• Monthly – When checked ARIES will save month to month results

of streams 345 thru 1100. The AC_MONTHLY table does not
contain all the streams, so make sure the stream you want to plot is
included in the table before you run the economics. The maximum
number of columns/items allowed in the AC_MONTHLY table is
118, and it will store by scenario by month for up to 1200 months.

• Detail – ARIES stores time frame results (input settings,

framework); streams 1101 thru 1500 are normally stored in this
table. The detail table does not have a maximum number of
columns and results are stored by scenario up to 128 time frames.

• Owner – ARIES stores working and net revenue interest results as

well as any reversionary interest for the purpose of plotting the
working or net interest data. ARIES normally plots or graphs the
gross production for decline analysis.

Run the Economics

After you have saved your update tables choices, you will want run the
current property or choose auto summary to run a pick list of properties.
If you preview a property ARIES does not store any results to the output
tables.

MultiGraph
In MultiGraph. you will need to set up the data streams and graph
schemes to view the results from the economics.

Create a Data Stream

In this example we will create a stream that will plot the forecasted gas
volumes.

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Action
1. To create a data stream in MultiGraph, go to the top menu and click
Setup > Data Streams.

2. Click New on the far right hand side of the window, and type
FC_Gas for the data stream name.

3. From the drop-downs, select:

• Table alias – EM

• Stream column – S371

• Date column – OUTDATE

Click OK.

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Leave the Prior cumulative production cells empty, they do not have
anything to do with the forecast.

4. Click OK.

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Curve Definition
The next step is to make a curve for the new data stream. From the top
menu click Setup > Curve Definitions. Click the new button (right
hand side), and for the new curve name type FC_Gas. Press <Enter>.

For Data stream, click the drop-down and choose FC_Gas.

For the Y-axis label type FC Gas mcf/mo.

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On the appearance side of the window choose the color red from the
drop-down choices.

Click on the Forecast tab, then click on the drop-down for Econ.
Keyword and select NONE.

The reason for choosing NONE in the Forecast tab is because the
History tab has been set up as the forecasted results, so there would be
no forecast to apply the data.

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Click OK to save your changes.

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Adjust the Graph Scheme

Open the Graph Schemes named Net Monthly Cashflow by clicking the
top menu item Setup > Graph Schemes and then double-clicking Net
Monthly Cashflow. Select the Curves tab on Row 4 and click on the
drop-down to see the list of curve names; choose FC_Gas. Select
Right 2 as the Y-axis label, Down 1 as the position, and All as the Prop
Type. Click OK to save the changes.

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Examples of this graph for HALF PINT 2, using two different scenarios.
Notice the X axis reflects the actual economic life for the case.

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Chapter Summary

In this chapter we learned:

• How to use the Auto Cast Feature.

• How to use both daily and monthly production data in a graph

scheme.

• How to display the economic limit on a plot.

• How to plot monthly results from economics.

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 Chapter 4
Advanced Economics Topics
In this chapter we will discuss economic settings and several Advanced Economic features of
ARIES.

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Overview

This chapter covers the following subjects.:

• Economic Settings

• Scenarios

• Input Settings

• Advanced Keywords and Functions

• Economics and Excel

• LOAD Lines

• Stream Arithmetic

• Batch Macros

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Economic Settings

Scenarios Overview
A Scenario contains the list of qualifiers that you want to use to filter the
data lines in economic runs and to control forecasts in graphs and plots.
It lets you quickly and easily select different combinations of data to use
for various economic purposes. It also is the name stored as a label for
the economic results.

At run time, data lines with the specified qualifiers, plus all unqualified
data lines in the case are used for the calculations.

Simple Example
You could have made two production forecasts, one you named BEST
and one you named LOWSIDE. You also could have two sets of price
data called PRICE1 and PRICE2. Your other data lines do not include
qualifiers. You can easily create several scenarios to produce four
different runs that list these qualifiers in various combinations, such as
a scenario named BEST1 that combines BEST for production and
PRICE1for prices.

Qualifier Hierarchy
For more sophisticated workflows you can specify more than one
qualifier for each data section in a scenario. This list is the “hierarchy”,
which can contain up to 10 qualifiers. It is used most often for
production forecasts.

At run time, ARIES searches each data section for each case to find the
data lines having the highest matching qualifier from the hierarchy. If
the first qualifier in the hierarchy is not present in a case, ARIES will
look for the second qualifier, and so forth down the list.

Hierarchy Example
A typical workflow consists of forecasting production for all your
properties, followed some time later by updating those properties that
had changed significantly. You used qualifier YEAREND for the

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original production forecasts and UPDATE for the smaller set of

updates, because you did not want to overwrite your original projection
data.

To run updated economics you want to use the new production forecast
for those properties that have one, and the original forecast for those that
do not. You can use the hierarchy feature to do this easily, by creating a
scenario that lists two qualifiers on the Production row: UPDATE
followed by YEAREND.

You could also add a third qualifier to the list, LASTYEAR, to use older
forecasts for those properties that do not have newer ones.

Protected Scenarios
To improve company control of global economic data for important
runs, ARIES provides an option to protect Scenarios. Both the ARIES
system owner and regular users can create and protect scenarios that
everyone can use, but that only their owner or the ARIES system owner
can change or delete.

Creating a Scenario
A Scenario contains the list of qualifier names that filter the economic
data lines to be used in economic runs.

To create a new blank scenario:

1. On the Economics menu select Setup.

2. Select Scenarios… to open and highlight the scenarios branch of

the selection tree.

3. Select New to open an entry field at the bottom of the tree, which
will read “New Scenarios”.

4. Type a new name for the scenario into this field.

5. Press Enter to save the new scenario and open the editor.

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To create a new scenario based on a copy of an existing one:

1. On the Economics menu select Setup.

2. Select Scenarios… to open and highlight the scenarios branch of

the selection tree.

3. Highlight the scenario you want to copy.

4. Select Edit, Copy to copy the scenario to the clipboard.

5. Select Edit, Paste to paste the scenario into the Scenarios list. It
will appear at the bottom of the tree with the name “Copy of xxxx”.

6. Overtype the name for the new scenario in this field.

7. Press Enter to save the new scenario and open the editor.

Scenarios can be protected to a user or the ARIES system owner.

Deleting a Scenario
To delete a scenario from the database:

1. On the Economics menu select Setup, Scenarios… to open and

highlight the scenarios branch of the selection tree.

2. Highlight the Scenario(s) to be deleted (multiple selections

permitted).

3. Select Delete.

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4. Respond Yes to the confirmation message if the displayed scenarios

are correct and No if they are not.

Protected scenarios show the owner in brackets following the name.

They can be deleted only by their owner. The ARIES system owner can
also delete a scenario protected to another user by first unprotecting it.
The delete confirmation message will exclude the name(s) of any
highlighted scenarios that are not deletable, and they will not be deleted.

A deleted scenario cannot be recovered.

Editing a Scenario
A Scenario contains the list of qualifier names that filter the economic
data lines to be used in economic runs and for controlling forecasts in
graphs and plots. At run time, data lines with the specified qualifiers,
plus all unqualified data lines in the case are used for the calculations. It
also is the name stored as a label for the results.

To edit a scenario you open the editor dialog by either:

1. From the Economics menu select Setup, Scenarios… to open the

scenarios branch of the selection tree. Highlight the scenario wanted
and select Open. You can also double click the scenario name.

2. From any module, click the Current Scenario Editor icon ( ) on

the toolbar.

The editor contains rows corresponding to the economic data sections.

In the first (Primary) column for each row you enter the qualifier name
you want for use to filter the case data for that section. If you are not
using qualifiers for a particular data section, you can leave that row
blank.

The additional columns provide the option for you to use a hierarchy of
qualifiers to define the case data filtering for some or all of the data
sections. If the qualifier in the first column for a row is not present in a

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case, ARIES will look for the qualifier in the second column. If the
second column qualifier is also not present in the case, the program will
look for the qualifier in the third column, and so forth. Thus the program
uses the first qualifier OR the second qualifier OR the third qualifier.

The scenario hierarchy can accommodate up to 10 qualifier names for

each data section. The first qualifier column is labeled Primary
Qualifier. The remaining nine columns are labeled Alternate #1
through Alternate #9. As you scroll the columns right or left, the
Primary Qualifier column remains visible. You can remove a qualifier
from the middle of a row; the trailing qualifier names on the row will
slide to the left when you leave the editor.

Copying a Scenario
To copy a scenario:

1. Select Setup, Scenarios to display the Scheme Tree dialog box.

2. Open the Scenario book by double clicking on the book or by

highlighting Scenario then selecting Open.

3. Highlight the Scenario you want to copy.

4. Select Edit from the menu bar then select Copy.

5. Select Edit Paste. The copy of the Scenario will be titled Copy of:
OldScenarioName.

6. Type in the new name and press enter. The new scenario will now
be highlighted.

7. Select Open to edit the new scenario.

Input Settings Overview

An Input Setting defines global economic information that is required
for an evaluation to run and that can simplify data entry in the individual
cases It consists of a set of nine data components that define time
periods, present worth values, taxes, and so forth. To each of these
components is assigned a named parameter set which contains the data
to be used for that component.

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The current input setting name is displayed on the toolbar in Economics.

To change the setting, type in the new name or select from the drop
down. To access the setting values click the toolbar icon or use the
menus to select Setup > Input Settings.

The nine input setting components are shown in the Component list of
the Input Setting Editor:

You must assign a parameter set to at least the Framework and Present
Worth components. While the others can be left unassigned (unmarked),
you will generally also assign parameter sets to the Escalations, Capital
Recovery, Corporate Tax, and the Default components. See the
individual component Help topics for a comprehensive discussion.

This two-level arrangement provides great flexibility for mixing,

matching, and reusing this data. For example you may have two pricing
conditions, one for SEC runs and one for bank runs. You also have two
different project reporting requirements, one for regular annual periods
and one showing 12 monthly budget periods initially.

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Rather than creating four separate sets of project data, you can combine
these as follows. You can represent the pricing as two different
escalations defined in separate parameter sets, or as two different
escalation schemes within the same parameter set. You can represent the
reporting needs in two different parameter sets. So there are four
combinations of interest: Annual+Bank, Annual+SEC, Budget+Bank,
and Budget+SEC which can be formed by mixing parameter sets.

The Input Settings feature an optional protection system where the

ARIES system owner can protect both the individual parameter set
values and the assignments of these parameter sets to one or more input
settings. The system owner can create and protect input settings and
parameter sets that everyone can use, but that only the ARIES system
owner can change or delete. Protected input settings and parameter sets
display the owner name in brackets. For details see the separate
Protection for Input Settings discussion.

Editing the Framework defines the timing and intervals shown on the
report page.

For example, ARIES can report cash flows using any combination of
months. Three types of scheduling assistance are available: Simple,
Assisted and Custom. The detail of each will be discussed after each of
the items on the dialog screen has been discussed.

Base Date
The base date must be the earliest date referenced in an economic case.
The following parameters describe the Base Date:

• Reference date when defining the report time frames

• Sets the earliest point of any economic evaluation

• Start dates may not precede the base date

• The month specifies the beginning of your fiscal tax year

• Only three things can be scheduled earlier than the base date

• Investments

• Escalation schemes

• List mode data

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• If a Start Date is not defined within a case, the forecast will be

scheduled from the Base Date.

• Two choices are available in this box. Use Effective Date

(described below) or type in a date (MM/YYYY format).

Interim
The Interim is the time between the Base Date and the Effective Date.
ARIES will complete this information in the Simple Mode. In Assisted
and Custom mode the choices are:

Fill with Single Frame

The interim is defined as one time frame, which consists of the number
of months between the Base Date and Effective Date.

Fill with Monthly Frames

The interim is defined by using one time frame for each month between
the Base Date and the Effective Date.

Fill with Quarterly Frames

The interim is defined as the number of quarters between the Base Date
and Effective Date.

None
Does not use an interim period since the Base Date and Effective Date
are the same.

The most common settings are Fill with Single Frame or None.

Effective Date
This is the date when cash flows will begin. Type in a date (MM/YYYY
format).

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Initial period
Designates how the first time frame should be calculated. Six choices
are available. The remaining time frames will be designated in the Time
Frame box.

Fill calendar year, 1 frame

Fills the remaining calendar year with one time frame then uses yearly
frames thereafter.

Fill calendar year, months

Fills the remaining calendar year with monthly time frames then uses
yearly frames thereafter.

Fill calendar year, quarterly

Fills the remaining calendar year with quarterly time frames then uses
yearly frames thereafter.

Use 12 monthly frames

The first 12 time frames are monthly. The remaining frames are 12
months each.

Use 4 quarterly frames

The first 4 time frames are 3 months each. The remaining frames are 12
months each.

Use one annual frame

The first time frame is 12 months. The remaining frames are 12 months
each.

Maximum case life in years (Base)

This is the maximum number of years for the project. The years are
calculated from the Base Date. The maximum number of years in
ARIES is 100.

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Time frames (click on Check Frames to see Time Frames designated)

The data in this item can be created using two methods. If you use the
Simple or Assisted Modes, ARIES will create the line for you and will
display the line when you click on the Check Frames button. When the
Custom Mode is selected you define the report time frames by clicking
in this box and typing the size of each time frame, in months, separated
by commas. To simplify entry of repeated values, you can use the repeat
method of 5*12, where 5 is the number of repeats and 12 is the number
of months in each of these frames. The maximum number of time frames
allowed in ARIES is 128. The minimum is one month.

Modes
Three modes are available to edit this dialog:

Simple Mode
You can enter only one item, the Effective Date. The simple mode
assumes that the first time frame will fill in the remainder of the year and
all subsequent time frames will be yearly. The Base Date will be the
same as the Effective Date.

Assisted Mode
The first five items can be defined using a combination of manual input
and selections from list boxes. The time frame sizes will be calculated
for you.

Custom Mode
The Custom mode provides the greatest variability because you define
the number of time frames and their sizes. Only three items can be edited
in this mode: Base Date, Effective Date, and Time Frames.

Time Frames are an important feature of ARIES™ software economics

that control some of the calculations as well as the display of evaluation
results.

Calculations
ARIES computes all the before-income-tax cash flow results monthly,
so they are independent of the length of the Time Frames. These results

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are aggregated and printed on your economic output reports based on

how you define your Time Frame periods.

After Tax and Present Worth

The time frame periods are used as your fiscal periods for income tax
calculations, so your after-tax results depend on them. They are also the
basis for the mid-period, end-period, and continuous discounting
methods, so present worth values, including bonuses, can depend on the
time frame lengths.

Maximum Life
Economic calculations will stop at the end of your last time frame, so if
you only define a total of 20 years, that becomes the maximum life,
regardless of the production forecasts.

Summaries
Economic summaries, or rollups, are calculated using the aggregated
time frame values. ARIES features that rely on summaries, such as
basket payouts and lives, Economic Group results, and saved summary
files also depend on time frame sizes.

Display
Output reports print results based on time frames. Annual time frames
produce reports that show results year by year. To produce a monthly
budget report for next year, you define the first twelve time frames as
individual months.

The number of time frames you define does not control the maximum
number of output rows on your report. This was defined when the report
was compiled. So even if you have 100 years of time frames (and
production) the rows on the output report might be limited to 20.
Typically, reports then sub-total these values for the next row, aggregate
the remaining values for the next row, and finally provide a total for the
final row.

Defining Time Frames

Each Time Frame consists of one or more months. They are defined in
the Framework Component of your Input Settings. The dialog wizard

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provides three modes that give you different levels of data entry:
Simple, Assisted, and Custom.

For simple annual runs where everything begins at time zero, you can
use the default date settings and annual time frames provided by the
Simple mode.

For more control, for example when you delay production, you can use
the Assisted mode so ARIES defines your time frames based on what
you want to do.

For complete control, you can use the Custom mode in which you
specify the length of every time frame explicitly, by entering individual
values (for example, 3,3,3,3,12,12…) or “sets” of values using the
“repeater” feature (for example, 4*3,70*12). These values can be
separated by commas or by spaces.

The number before the asterisk is the number of frames being defined in
the set. The number following the asterisk is the length in months of
each of those frames. For example, the set 6*2 means six frames each
two months long. Reversing the values, as 2*6, means two frames each
six months long. If the leading value is 1, it, and the asterisk, can be
omitted.

Time frames must be consistent with the Base Date and Effective Date
as specified in the Framework Component. This means that if these
dates are different, you must define your time frames such that the time
interval between these dates is an integer number of time frames.

The Base Date is the absolute beginning of anything involving the

evaluation. Nothing can be scheduled prior to this date. It is usually set
to the beginning of a year.

The Effective Date is the beginning of what will be presented in the

evaluation output. Anything scheduled prior to this date will be
calculated, but then only used to update your beginning balances on this
date, such as for cumulative production, payout status, or income tax
items.

Typically, most of your time frames will be annual, perhaps with some
initial time frames that are various numbers of months or quarters. You
can define up to 128 time frames, subject to the maximum economic life
of (normally) 100 years from your Base Date. While unusual, you can
reduce this maximum life on the Framework Component dialog.

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Example 1 – Simple Time Zero

In this simple example you will start everything at time zero (Base Date
= Effective Date = 01/2015) and want your report to show annual values
for a maximum of 100 years.

On the Framework Component dialog select the Simple mode radio

button at the bottom and enter 01/2015 in the only available cell (the
Effective Date). This automatically sets the Base Date to the same value,
and produces a string of values in the time frame cell:

,12,99*12

In this automated Simple mode, the values always have a leading

comma, and there is a single entry for the first time frame; this helps the
wizard work easily for all the modes. The first value is 12, indicating
that the first time frame is 12 months long. The next value is 99*12,
which is a time frame “set” that uses a “repeater” function to indicate
that the next 99 time frames will be 12 months long.

This “repeater” feature eliminates the need of entering

12,12,12,12,12,12,12,… . You will use these time frame definition sets
often to simplify your entries.

You could achieve the same evaluation results by choosing Assisted

mode, accepting all the defaults and entering Effective Date as 01/2015.
The wizard time frame values are the same here as for the Simple mode.

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You could achieve the same evaluation results by choosing Custom

mode, entering the Base Date and Effective Date individually as
01/2015, and entering 100*12 for the time frames.

Example 2 – Mid Year Delay

You want the Base Date to be 01/2015, but will actually begin the
evaluation on the Effective Date of 07/2015. You have a six month
interim, or “dead,” period before your case actually starts. You want the
report output to be based on calendar years, so your first reporting period
will be the six months following the dead period.

You cannot use the Simple mode here. You can use the Assisted mode
by:

• Entering the Base Date as 01/2015

• Selecting the Interim option as “Fill with single frame”

• Entering the Effective Date as 07/2015

• Selecting the Initial period option as “Fill calendar year, 1 frame”

• Clicking on Check Frames results in

6,6,99*12

You see your six month interim period, your six month initial period,
then 99 annual periods.

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You can get the same results using the Custom mode by:

• Entering the Base Date as 01/2015

• Entering the Effective Date as 07/2015

• Entering the 6,6,99*12 into the Time frames cell

Example 3 – Monthly and Quarterly Budgets

You want to use your ARIES evaluation cases to build operating budget
reports for the next two years, the first year by months, the following
year by quarters, then annually.

You will use the Custom mode to define these time frames. Set both the
Base Date and the Effective Date to 01/2015. In the Time frames cell
enter:

12*1,4*3,98*12

This provides 12 monthly frames, 4 quarterly frames, then 98 annual

frames. You cannot request more than 98 annual frames here because
the total length of all the frames (=1+1+98) cannot exceed 100 years.
You could specify fewer annual frames to cut off anything that occurred,
for example, beyond 50 years by entering the final set as 48*12.

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Example 4 – Complex Frames

You want an initial “dead” year to accommodate various beginning
balance needs, then you want monthly details for five years, followed by
lots of annual values. You also want your evaluations to be able to run
to the maximum of 100 years if needed.

You will use the Custom mode to define the time frames. Set the Base
Date to 01/2014, the Effective Date to 01/2015. Enter the following into
the Time frames cell:

12,60*1,50*12,528

The first value results in one annual time frame for the “dead” period.
The next set results in 60 monthly time frames for your detailed budget.
The next set provides 50 annual frames. The final value results in a
single time frame, or “lump” that is 528 months long.

These last two entries are calculated based on the overall limit of 128
time frames and the maximum life of 100 years (1200 months).

• Number of time frames = 1+60+50+1 = 112, so you are fine on this

limit.

• Life = 12+60+600+528 = 1200 months, which is exactly the limit.

There are more time frames available, so you can gain some additional
precision in the later life by splitting the lump above into smaller lumps.
Remember that the after-tax results and some of the PW results depend
on time frame lengths, so these smaller lumps can increase precision.

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For example:

12,60*1,50*12,8*60,48

These last two entries provide you eight 5-year periods followed by a 4
year period at the end. Many other combinations are possible.

Present Worth Settings Component

The Present Worth Settings define the discount method, the present
worth date, a primary discount rate and the present worth profile
discount percentages.

In ARIES, you can define a primary discount rate and a present worth
profile consisting of up to 15 discount rates that can be stored and

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reported. The left figure demonstrates a typical 10% primary rate and
default percents. The right figure demonstrates a primary rate of 12%
and a manually entered set of percents. Each of the items on the Present
Worth screen is described below.

Discount to Date
Sets the date to begin discounting cash flows. There are two choices.
Select either Use effective date, which uses the effective date defined in
the Framework component, or type in a month and year, format MM/
YYYY.

Primary Rate, %
Type in the primary discount rate as a percent; on most report styles the
primary discount rate is displayed in a column.

Discount Method
Four different methods for discounting cash flows (not including
investments) are available: Monthly (MO), End, Mid time frame (MID)
and continuous. Each is discussed below.

Monthly
Each month's cash flow is discounted from the middle of the month.

End of Period
Discounts the cash flow at the end of each time frame. Time frame sizes
are defined in the Framework Component.

Mid Period
Discounts the cash flow at the middle of each time frame. Time frame
sizes are defined in the Framework Component.

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Continuous
Cash flow is discounted continuously throughout each time frame.

Note

Investments are always discounted from the beginning of the month in which they
are made.

Percents
Fifteen discount rates can be calculated to generate the Present Worth
Table and the Rate of Return. The default rates are 0, 5, 10, 15, 20, 25,
30, 35, 40, 50, 60, 70, 80, 90, 100. If you wish to define your own
discount rates, type in all fifteen items in ascending order. All fifteen
items must be completed. The last value in the Percents box defines the
maximum Rate of Return that will be calculated. If you wish to return to
the standard ARIES defaults, click on the Use Defaults button.

Use Defaults button

If you have changed the percents in the list to the right, you can change
the values back to the ARIES default rates of 0, 5, 10, 15, 20, 25, 30, 35,
40, 50, 60, 70, 80, 90, and 100 by clicking this command button.

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Escalations Component

The Escalations component enables you to define several price,

expense, and investment escalation scenarios.

Ten different escalation schemes can be defined within one parameter.

You may have different escalations for oil, gas, operating costs, capital
costs. etc. Two types of escalations are available: using rates (%) or
using dollar amounts (additions or subtractions). In addition, you can
define when the escalations should begin, the frequency (monthly,
yearly, etc.) and if the escalation should occur at the beginning or end of
the defined frequency.

Seven columns are displayed on the Edit Escalation Schemes screen.

Each are discussed below.

Scheme Name
Each escalation scheme name must be unique. Use any alphanumeric
name up to eight characters.

Date
Type in date to start the escalation, format MM/YYYY.

The next four columns can be easily scheduled by using the Escalation
Wizard. The Escalation Wizard eliminates manual entry of items for
these columns. To use the wizard, press the Esc Wizard button.

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How to Apply Listed Escalation Values (S/I/C)

Select one of the items below to determine when to start using the
escalation scheme.

Start First Escalation on SCHEME Date

Escalations will start at the date specified in the escalation spreadsheet.

Ignore Escalations until CASE Start Date

Escalations will not begin until the Start Date defined in each case. It
will pick up the escalation factors in midstream.

Shift First Listed Value to CASE Start Date

Shifts the values from the Escalation Start Date to the Start Date defined
in each case.

Escalate at (Beg,End)
Select one of the following:

Beg. of Period
Escalate at the beginning of the time frame.

End of Period
Escalate at the end of the time frame.

Escalation Period (Month, Annual)

Select one of the following:

Monthly
Escalates every month. The annual discounting rate is factored so
approximately 1/12 of the annual escalation is applied every month.

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Annual
Escalates once a year, this escalation occurs once every year.

Method
Select either a percentage compounded or annual added rate.

Percent Compounded (Annual Percents)

Rate of increase in percent, this will be an annual rate regardless of the
escalation period (monthly or yearly).

Annual Added (Annual Monetary Amounts)

Increase or decrease in dollar amounts.

Note

Once the wizard items are defined, save the wizard screen and return to the Edit
Escalation Screen for the final entry.

List Esc. Value for Each PERIOD; Repeater '*' Allowed

These are a list of rates (%) or values ($), preceded by the number of
months or years for that value. For example if the periods were annual,
1*5 3*4 96*0, would indicate one year at 5% escalation, then three years
at 4%, then 0% for the remaining life.

Once the schemes have been defined and the parameter and component
selected for the Input Settings the escalation schemes are available for
use.

To use these escalations in Expert Editor, type in the word ESC in the
Escalation Method column and the Escalation name in the Escalation
Value column. If you are using the Case Editor select escalate from
scheme in the method list box. You will then be prompted for an
escalation method.

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Capital Recovery Component

The capital recovery screen both defines the names that can be used in a
case to schedule investments and controls various aspects of federal
income tax treatment for them. This includes depreciation, depletion,
credits, and other items. The income tax rate(s) are entered in the
Corporate Tax component.

The values for this parameter set can be protected by the ARIES system
owner using the check box at the top of the dialog. This prevents other
users from modifying or deleting them.

Investment Name
This column contains up to 20 “investment names” that you want to be
able to use in your evaluations for tracking different categories of capital
and/or specifying different tax treatments for them.

The first row must contain the standard investment name CAPITAL,
followed by the parameters you want to use for it. If you do not care
about tracking by type or income taxes, this is the only investment name

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you need. The names on the remaining rows can be whatever makes
sense to you, although for Canadian taxes some special names (CEE,
CDE, COGPE) should be used. These names can be up to eight
characters long.

Depreciation Method
This column defines the depreciation method to use for any tangible
capital that is entered for the associated investment name. While many
methods are available, the standard U.S. method for oil and gas is a form
of the Modified Accelerated Cost Recovery System, or MACRS. This
will be covered first, followed by the other methods which are used for
specialized situations.

Accelerated Cost Recovery

The original ACR method and set of annual factors were used for
investments made before 1987. This became ACR2 in 1987 when the
sets of annual depreciation factors were changed. These factors are
based on declining balance depreciation initially, switching to straight
line depreciation when it becomes larger. The factors have remained
unchanged for each of the guideline lives. However, different amounts
of first year bonus depreciation have been instituted at various times for
investments made in various date windows. The entries are:

• ACR – 1981 – 1986. Original annual factors – now obsolete.

• ACR2 – 1986 – onward. Modified annual factors, used outside the

date windows below.

• ACR3 – 9/11/2001 (uses 9/2001) through 12/31/2004. 30% first

year bonus

• ACR4 – 5/6/2003 (use 5/2003) through 12/31/2004, and then also

from 1/1/2008 through 12/31/2009, and then also from 1/1/2012
through 12/31/2012. 50% bonus

• ACR5 – Use to include the additional 100 percent first year write-
off for investments placed in service from 9/2010 through 12/2011.
Investments made outside this date range will be treated as ACR4.

• ACR6 – Use to include the additional 50 percent first year write-off

that was extended for investments placed in service during 2013 by
the Tax Relief Act of 2012. Investments made outside this date
range will be treated as ACR5.

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Straight Line (SL)

Depreciation based on number of years entered later for guideline life.

Units of Production (UOP)

Depreciation based on current and total major phase production
volumes.

Declining Balance (DB)

Depreciation based on a specified fraction to be written off each year,
or over a specified number of years. If years is entered below, this
method calculates the fractions based on single declining balance.

Multiple Declining Balance (MDB)

Depreciation based on fraction to be written off each year. You calculate
and enter this fraction below based on the “multiple” applied to this
declining balance.

Sum of Year’s Digits (SYD)

Depreciation based on number of years entered.

Barrels of Oil Equivalent (BOE)

Depreciation based on combined oil and gas, using the BOE factor.

Declining Balance and Straight Line (OPT)

Write off rate is the greater of the calculated values from DB and SL.
The life of the case is used to calculate SL.

Double Declining Balance and Sum of Year’s Digits (OPT2)

Write off rate is the greater of the calculated values from MDB and
SYD. The life of the case is used to calculate the SYD factor.

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Double Declining Balance and Sum of Year’s Digits to Specified Life (OPTY)
Write off rate is the greater of the calculated values from MDB and
SYD. Specify the desired declining balance factor and the desired
number of years for SYD.

Manual Depreciation (MANL)

Based on user defined depreciation parameters, for complex situations.
To use MANL the beginning date for the Variable Rate stream used to
specify the write offs but equal the BASE data of the evaluation. These
write off fractions must be entered as per month values, in sets that
correspond to the time frame sizes in the Framework component.

Start Code
Enter the date at which to start depreciating the investment. The three
choices are:

• 0 – the date when investment is made in case

• X – the point when production begins (START date in case)

• MM/YYYY – the absolute date

Note that the ACRn methods always provide an initial half year of
depreciation regardless of the month of the investment.

Depreciation Factor
Enter either the depreciation factor directly, such as .20, or more
typically, the numbers of depreciation years to be used to calculate the
factor, such as 5. This factor is used differently by the various
depreciation methods, but is generally the guideline life of the
investment type.

For the ACR methods, the typical depreciation life is 7 years, but 5, 10,
15, and 20 are also available.

1st Period Min %

Old tax code, rarely used. This is the minimum first period depreciation
percent.

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Residual Depreciation %
Rarely used. Percentage of the original investment amount to not
depreciate. This leaves a residual, such as for booked salvage, that can
be written off as a lump sum at the case life or ignored.

% Intangible to Capitalize
Some intangible investments for some companies cannot be 100 percent
expensed immediately. All or a portion must be capitalized, and
recovered through cost depletion instead. Enter the percent, from 0 to
100, of the investment that must be capitalized.

The cost depletion for the capitalized portion is based on Units of

Production for either the major phase only, or both the oil and gas
phases. To use the combined oil and gas streams, enter the BOE factor
in the Cost Depln. Intang. % (column 6) of the Corporate Tax
component used.

An entry of 0 means to expense all the intangible investment.

% Inv Credit
Enter the percentage income tax credit available for this tangible
investment. Typically zero.

IDC Depreciation Name

Enter the name of the investment that will define the depreciation
method used to depreciate the remaining intangible cost. The only time
an entry will appear and be used is when a negative value for %
Intangible to Capitalize is entered. For example, if the % Intangible to
Capitalize is entered as –85 and the investment name INVEST is entered
under IDC Depreciation Name, then 85% of the intangible cost will be
depreciated using the method that INVEST has defined and the
remaining 15% will be expensed.

AMT Depreciation Method

Rarely used. Enter the Alternative Minimum Tax depreciation method
to depreciate tangible costs. AMT is invoked on the TAXP
Miscellaneous line.

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AMT Depreciation Factor

Rarely used. The factor entered is a function of the depreciation method.

Book Intangible to Exp. %

Rarely used. Enter the percentage of the intangible investment to be
expensed on a book (financial) economics evaluation. Book economics
is invoked on the BOOK Miscellaneous line.

Investment Multiplier
Used for ARIES Modeler Economics. Enter the factor (greater than 1.0)
to generate the uplifted investment amount.

% Cost Recovery
Used for ARIES Modeler Economics. Enter the percentage of the
investment to be included in the cost recovery calculations.

% Cost Carried Forward

Used for ARIES Modeler Economics. Enter the percentage of the costs
to be carried forward each period.

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Corporate Tax Component

Defines the Corporate tax scenario for After Federal Income Tax
economics.

Tax Plan Name

Enter a name for each individual tax plan defined. The tax plan name has
a maximum of four characters. ARIES uses the US schedule unless the
following line is entered into the Miscellaneous Section of a case: TAXP
"NAME".

Federal Tax Rate

Enter either a constant rate as a decimal factor (e.g. 0.34 = 34%) or
define a changing percentage stream in the Variable Streams
component. If a variable stream is selected, type in the stream number
(i.e. S/1- S/10).

Percent Depletion Net, Fraction

If you qualify for percentage depletion, enter the percentage of the Net
Revenue that will be used to set the maximum percent depletion that the

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Percent Depletion Gross, Fraction calculates. The typical entry is zero,

as only small producers qualify.

Percent Depletion Gross, Fraction

If you qualify for percentage depletion, then enter the fraction of the
Gross Revenue that will be applied as a depletion write-off. The amount
calculated cannot exceed the net fraction of your Net Revenue.

Zero
Enter Zero

Cost Depletion Intangible %

Default is to deplete only on the major phase (on Depreciation panel, %
of Intangible to Capitalize is 100). To use Barrel of Oil Equivalents
(BOE), enter the conversion rate under Cost Depletion Intang %, e.g., 6
means 6 MCF is equal to 1 barrel of oil.

Tax O.H. % W/Month

Defines the percentage of overhead to use in the taxable income
calculation. The amount calculated reduces the taxable income to
accommodate overhead. The calculation only affects taxable cash flow.

Capital Intangible Drilling Costs Code

Intangible drilling costs (IDC) are handled differently depending upon
whether your company is an independent producer or a major. Both
methods are discussed below.

Independent Producers
Independent producers can expense all intangible drilling costs when
they are made. To do this, use an investment name in your case that
matches an Investment Recovery line in the Capital Recovery
component that has a zero entry in the percent of intangibles to
capitalize column.

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Major Companies
Since 1986, major companies (integrated producers) can expense only
70% of the IDC. The remaining 30% is recovered through a special form
of depreciation. To indicate that this major company treatment is
needed, enter the percent to be capitalized as a negative number (i.e. –
30) in the slot on the Investment Recovery line.

Choosing a Depreciation Method

The entry for the current data slot is a code number, indicating which
Investment Recovery line in the Capital Recovery component contains
the proper depreciation method. This code can be any whole number
from 1 to 20, indicating which line from the Capital Recovery
component to use for the depreciation data.

ITC Basis Reduction

Currently, no investment tax credit is given for tangible investments, so
you need this entry only to go back and re-evaluate old cases. Under
certain conditions, you "gave back" part of the ITC claimed as a
reduction in the depreciable basis of the tangible investment in question.
Enter here the percentage reduction required. This entry only takes
effect if the ITC rate is entered as a negative value on the Investment
Recovery line.

Production Based Sliding Scale Royalties Example

Here is a production based example of Sliding Scale Royalties using the
production data from a hypothetical well.

Production Royalty

Less Than 2000 bopd 5%

2000-5000 bopd 6.25%

5000-10000 bopd 10%

10000-20000 bopd 12.5%

More than 20000 bopd 15%

Thus, if production is 9000 bopd, the royalties would be paid out

according to the following scheme:

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For the first 2000 barrels, the royalty is 5%.

For the next 3000 barrels (barrels 2000 to 5000), the royalty is 6.25%.

For the final 4000 barrels (barrels 5000-9000), the royalty is 10%.

In the Expert Editor, under Ownership, you would enter the following
lines:

LSE/WI 50 %

ROY/OIL 5 15 % TO LIFE VAR FEDO

Under Setup, choose Input Settings. Click on the data for which you
wish to schedule sliding scale royalties, and then select SS Royalty from
the Input Settings editor. Now enter the following information:

FEDO 370 58

A 0 60800 152000 304000 608000

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B 0 3040 8740 23940 61940

R 5 6.25 10 12.5 15

These lines supply ARIES with the following information:

Line 1 (FEDO)- The first number on this line is the gross stream
number, which for oil is 370. The second number is simply the well
count for the property. In this hypothetical case, you are stating that
there are 58 oil wells.

Line 2 (A)- This line lists the lower boundaries of each range in barrels
per month. Thus for the first range of 2000 bopd or less, the least amount
of oil that can be produced in a day is zero barrels, and 0 * 30.4 = 0. For
the second range of 2000-5000 bopd, the least amount of oil that can be
produced in a day is 2000 barrels, and 2000 * 30.4 = 60800.

Note

ARIES uses 30.4 as an approximate average of the number of days in a month, per
year.

Line 4 (R)- This information is needed to calculate Line 3. Line 4

simply lists the Royalty percentage to be used for each range: 5%,
6.23%, and so on.

Line 3 (B))- This Line is the calculated "base royalty". You must
calculate this data outside of ARIES, and enter the correct figures. The
base royalty is calculated as follows:

The first number is 0

The second number is calculated with the equation: .05 (60800 - 0) + 0

= 3040

The third number is calculated: .0625 (152000 - 60800) + 3040 = 8740

The fourth number is calculated: .1 (304000 -152000) + 8740 = 23940

The fifth number is calculated: .125 (608000 – 304000) + 23940 =

6194

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Common Lines Component

The Common Lines component allows global values to be defined for
most types of data based on economic keywords. A common line will
be used in a case IF the case does not already contain that keyword.

The common data component input screen is divided into the same
sections as the case editor, except that Investments are not included.
Several default lines can be entered in each section (e.g. PRI/GAS, PRI/
OIL). Each keyword should be entered only once and no continuation
lines should be used. The common lines are used in all cases unless the
same keyword has been input into the case. Common lines appear in
blue in individual cases and are displayed at the end of each data section.

Common Lines are most often used for the economic cutoff and price
sensitivities (adding or subtracting a dollar amount or multiplying by a
percentage).

If a blue line is edited anywhere along the line, the entire line
immediately becomes black and is listed in the case.

Notes:

Common lines (except for the Miscellaneous section) must contain eight items
("words"), therefore, no Shortcut Data Lines (i.e. NET, LSE, OWN, START, FILE
lines) can be used.

No qualifiers can be used on these lines.

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Default Lines Component

This component allows default parameters to be defined.

The screen is displayed using the same seven sections as the Case
Editor. Several items can be defined in each section using the same
keywords used in the Case Editor (e.g. PRI/GAS, PRI/OIL). This
component is used to fill in missing data at the end of a line within a
case. For example, if all the cases will have a maximum oil price of $35
with a yearly escalation of 5 percent, you can define the following line
in the Default Editor:

PRI/OIL X 85.00 $/B TO LIFE PC/Y 5

Then in each case you will type in the keyword and the initial price. An
example is:

PRI/OIL 58.50

The two items will appear in the expert editor in black. The remaining
words on the line will be completed from the default lines and will
appear in red. If the entire line has been entered in the Expert Editor, no
information from the Default lines will be used.

To change the escalation for all the wells, all you do is change the PC/Y
5 to another escalation parameter, for example, PC 3. This will change

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the escalation from a yearly escalation of 5 percent to monthly

escalations with a 3 percentage annual rate.

All lines defined in the Default lines must be eight "words" in length,
therefore, no shortcut lines can be defined.

Note:

No Shortcut Data Lines (no NET, LSE, OWN, START, FILE lines) can be used.

Variable Rates Component Dialog Box

The Variable Rates component enables you to define special purpose
input streams that have values changing over time, such as tax rates,
loan interest rates, and so forth.

These streams are used by the Capital Recovery and Corporate Tax
components of your input settings.

To define a variable rate stream, all three columns in this dialog box
must be completed.

Stream #
Thirty streams are available. Type in a number between 1 and 30.

Stream Start Date

Type in date to start the variable stream (MM/ YYYY format). Prior to
this date, the values are assumed to be zero.

Monthly List of Values

Type in the decimal fractions to be used and the number of months they
will be used. For example,

12*.34 24*.4 1164*.45

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This means that a tax rate of .34 would be used for the first 12 months
after the stream start date listed in the previous column, .40 for the next
24 months then .45 for the Specified number of months.

The maximum life of ARIES calculations is 100 years = 1200 months,

so a simple way to finish the list is to use 1200 for the number of months.
Actually, in this example the final value will only be used for:

1200 - 12 - 24 = 1164 months

However, if the last time entry does not cover the evaluation life of any
of your economic cases, the rates will be zero beyond the end of your
list.

RMS Default Booking Categories

The Scenario Map Dialog Box is used to correlate your scenario name
with your reserve categories.

There are two methods in RMS that you can use for defining your
reserve categories. You can either:

• Use the same scenario for all reserve categories and define your
reserve category in the Master table OR

• Assign a different scenario for each reserve category.

If you define your reserve categories in the Master Table, you will enter
the Master Table item used for the definitions in the Default Res Cat:
item. Use the format @ItemName, e.g.@RESCAT.

If you are defining your reserve categories with scenario names, you use
both the Default Res Cat: and the spreadsheet area. In the Default Res
Cat enter a default reserve category to use for all scenarios unless
otherwise specified in the spreadsheet area. In the spreadsheet area, all
the scenarios present in the data source are listed. Most of the scenarios
will not be matched to a Res Cat because they are scenarios that are not
being used for booking. For the scenarios you are using for booking,
select the Res Cat associated with the scenario.

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More information can be found concerning this topic by going to

Help > Index > RMS.

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Advanced Keywords and Functions

Economics and Excel

Yep, you read that correctly. ARIES software can read data from an
Excel spreadsheet. After defining where the .xls file is located, ARIES
software needs a little more explanation to get this process to function.

Action
1. Add the following line in the Miscellaneous section:

FILEXL EXAMPLE.XLS SHEET1

The first word is the keyword, the second entry is the full name of
the spreadsheet, and the last entry is the name of the worksheet.

2. Add the following lines to the Production section:

LOADXL C3:C38 OIL B3 #

LOADXL D3:D38 GAS B3 #

• The LOADXL column keyword is used to access a range of

values within the spreadsheet.

• The Data Cell Range column allows you to define the cells to be
pulled into Economics. You cannot use named ranges.

• The Keyword is the ARIES software keyword the data

represents, such as GAS.

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• The Date or Cell Item allows you to either enter a date or choose
a cell in which the data is stored. Notice B3 in the figure above
and 01/2016 circled in the figure below.

• The Rate Units include #, M#, #/Y, and M#/Y.

• The Scale Factor or X item lets you define a multiplier for the
data. Entering an X or leaving this area blank will result in the
data not being multiplied.

• The same functionality applies to the worksheet of X and

workbook of X items. Do not use X as an actual
worksheet name.

• You can either enter a worksheet or workbook name, leave these

areas blank, or enter an X to leave them inactive, instructing
ARIES software to reference the values entered on the preceding
FILEXL line.

Once the location of the data in the spreadsheet is defined, simply run
economics as normal.

Using Load Lines to Overwrite a Forecast

Often, when calculating economics, you want to replace forecasted
values with data stored in data tables. To perform this function, you
enter LOAD lines in the Overlay section of the Expert Editor.

For this example, we will assume that we finished our annual report in
January 2014. It is now July and the company CEO wants to compare
the forecasted cash flow (which uses forecasted production volumes)
with a cash flow obtained from actual production volumes. We have
actual production for January through June. We will enter a load line
into the Overlay section of the Expert Editor that instructs ARIES

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software to replace the forecasted production volumes with the

January - June actual production volumes. After June, ARIES will revert
back to the previously forecasted values.

To make the example easy to follow, the oil forecast is 10,000 BOPM
for 6 months then 9,000 for 6 additional months. The actual production
is 20,000 BOPM for January through May. The forecasted values will
be entered in the production section. Since we want the actual
production to overlay the forecasted values, the load line will be entered
into the Overlay section. After the example, lines, the forecasted
monthly values with and without load lines will be displayed.

Production Section

Forecast Forecast Forecast

Initial Ending Rate Limit Limit Forecast Method
Keyword Rate Rate Units Value Method Method Value

START 1/2014

OIL 10000 10000 B/M 6 MO FLAT X

“ 20000 20000 B/M 6 IMO FLAT X

Overlay Section

Source Number
Table Target Input Sign
alias.item Data Beg. Date End Date
Keyword Name Keyword MM/YYYY MM/YYYY #

LOAD MP.OIL OIL 1/2014 06/2014 #

Items to Note
• The continuation line contains the term 6 IMO. This means the
production forecast occurs over the six months following the
previous line.

• A Start Date was not used for the Load lines.

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Production Comparison
The following shows the forecasted values with and without the LOAD
line applied:

Date Without Load Line With Load Line

1/2014 10000 20000

2/2014 10000 20000

3/2014 10000 20000

4/2014 10000 20000

5/2014 10000 20000

6/2014 10000 10000

7/2014 9000 9000

8/2014 9000 9000

9/2014 9000 9000

10/2014 9000 9000

11/2014 9000 9000

Case Example: Puck 1:

The monthly results table for the PUCK 1 property contains the results
for two economic runs. The results for the scenario
LOAD_LINE_NONE ran without a LOAD line, while the scenario
LOAD_line ran with the LOAD line.

Action
1. In Project Manager, close any open projects, open the ALLWELLS
project, and select the PUCK 1 property.

2. Use the hot key, CRTL + T, to open the Eco Monthly table, and
then the Prod Monthly table.

3. For each table, select View > Calc to activate the Calc Feature.

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4. For the dates 01/31/2015 through 06/30/2015, select items in any

column for the Prod Monthly table. Notice the gas total.

Note

Stream S371 in the Eco Monthly table contains the results for Gross Gas.

5. For the LOAD_line scenario, then the LOAD_LINE_NONE

scenario, select items from 01/31/2015 through 06/30/2015. Notice
the S371 (Gross Gas) totals. During the selected months:

• The well produced 3470.00 Mcf

• For the scenario LOAD_line, the economic run results projected

3470.00 Mcf

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• For the scenario LOAD_LINE_NONE, the economic run results

projected 6000.00 Mcf

6. Close all tables.

Stream Arithmetic
Each item calculated or used for calculations in ARIES Economics is
assigned a Stream number. For example, the Gross Oil Stream number
is 370, Gross Gas is 371, Net Oil is 815 and Net Gas is 816. The Stream
numbers and their descriptions are listed in a document that is loaded
during the ARIES installation called S1500.doc. It is in the
C:\Landmark\Aries\Help directory.

Stream Arithmetic is used to define specialized calculations that are not

performed automatically.

There are four Arithmetic as well as two comparison procedures. For

example, it is possible to enter constants in Streams, add Streams
together, subtract one from another, and multiply or divide two Streams.
Additionally, one can compare the values in two Streams and use the
minimum or maximum value and subject the results to upper or lower
limits.

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Format
Stream Arithmetic is scheduled using a formula. For example, we are
performing a sensitivity and want to add $20.00 to the price of OIL.

Sample Line:

S/195 – is the Answer Stream. This is the Stream where the results of the
calculation will be stored. [If more than one scheduling line is used,
enter the ditto (“) mark on continuation lines.]

20.00 – is the first Source Stream. This can be either a numerical

constant (positive or negative) or a Stream number, as in this example.
This entry is used in the calculations to arrive at the Answer.

X – is the upper or lower limits to the Stream Arithmetic. If this entry is

positive, it will be used as an upper limit; if negative, its absolute value
will be used as a lower limit. The units of this limit are entered in the
next space. If no limit is wanted, use an X.

FRAC – is the units of the prior entry, for example B/M or $/M. If the
prior entry is X, indicating that no limit is needed, any unit code can be
entered here.

TO LIFE – is the duration of calculation. This entry indicates how long

the calculations on this line are to continue. 150 MB or 2.25 YRS, etc.
could also be used.

PLUS – is the type of calculation. PLUS will add the first and second
Source Streams. [These calculations are performed monthly on the first
and second Source Stream to produce the Answer Stream.]

MINUS – subtracts the second from the first Source Stream.

MUL – multiplies the first and second Source Streams.

DIV – divides first Source Stream by second Source Stream.

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MAX – compares first and second Source Streams and places the larger
value into the Answer Stream.

MIN – compares first and second Source Streams and places the smaller
value into the Answer Stream.

195 – is the second Source Stream. Enter only the Stream number; in
later versions of ARIES, you can include the S/. [This entry may not be
a numeric constant, but it can be the same Stream number as the Answer
Stream. The example above will add the value 20 to Stream 195, the
price of oil Stream.]

Details, Limitations and Hints

• As mentioned above, Stream Arithmetic calculations are performed
monthly. Therefore, only monthly Streams should be used in the
calculations.

• Stream Arithmetic lines can be placed in the section to which they

apply (Prices, Expenses, Overlay section of Expert Editor, etc.).
They can also be used in outside files (FILE keyword), SIDEFILE,
or LOOKUP files.

• Stream Arithmetic should be applied to GROSS Streams whenever

possible, to avoid later problems. If Stream Arithmetic alters an
appraised (or net) Stream, that alteration will not be reflected back
through the calculations to the working interest or gross values.

• When selecting a User Defined Stream or “container” Stream to

hold temporary numbers, be certain to select one the occurs in the
same section of Stream numbers (Monthly Rate Streams, Monthly
Streams – Gross Values, etc.). ARIES calculates Streams in
numerical order, so if the chosen Stream number is very far away
from the Stream being modified, there is the risk the calculation
will not take place.

• Stream Arithmetic in the Overlay section will cause ARIES to

return and recalculate the Stream Arithmetic items.

• Sequence of calculations:

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a. The Stream Arithmetic procedure is performed on the Source

Streams.

b. This result is tested against the prescribed upper or lower limit,

and reduced or increased accordingly.

c. The appropriate Answer is placed into the Answer Stream.

[Insure that all necessary prior calculations for the Source
Streams have been completed before their use is requested on a
Stream Arithmetic line. This usually means that the Stream
numbers of the first and second Source Streams cannot be larger
than the number of the Answer Stream.]

Examples
Escalate LIST values:

If a series of oil prices is input in the pricing section using LIST mode,
these prices can be escalated by a factor using Stream Arithmetic. If the
factor is a constant, simply multiply the gross number by that factor.
This example multiplies the values in the PRI/OIL Stream by 1.5 and
puts that Answer back into the PRI/OIL Stream:

But sometimes the factor changes over time. The next example sets up
an escalation factor of 4% in a work Stream until 1/2020 and then 3%
for the remaining life. This work Stream is then multiplied by the PRI/
OIL Stream:

The last line instructs that the listed oil prices be multiplied, month by
month, by the escalation factors in the work Stream. The results are
placed back into the oil price Stream S/195. All ofthese lines can be
located in the prices section of the case.

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Overlays
The Overlay section of the economics case can be used for Stream
Arithmetic.

• It allows a User to selectively override the normal program

calculated values and insert historical data.

• It permits using Stream Arithmetic calculations on Streams that

cannot be multiplied in the normal data sections of the evaluation
case. This also allows the User to alter the timing of the Stream
Arithmetic.

How the Overlay Technique works:

Overlay calculations occur “after the fact.” That is, the full monthly
calculations for the evaluation case are completed first. Then the overlay
lines are read and the values scheduled in those lines are “overlaid” onto
the appropriate Stream values.

The monthly calculations are then repeated for all Stream groups
beneath the groups affected by the overlay. Thus, nearly two complete
sets of monthly calculations are performed. The monthly values are
gathered into output time frames and the results reported.

Not all Streams can be overlaid. The after-tax Streams cannot be

overlaid because they are not monthly Streams. The “total” Streams
cannot be overlaid because that would make it easy to produce
inconsistent reports, where items did not add up as they should.

Both the formula and the LIST methods can be used to schedule
overlays. The LIST method is preferred for inserting actual values,
because each value is known. Stream Arithmetic scheduling is always
done with formula lines.

To update an evaluation that has followed the original forecast closely

with three months of actual values, use several LIST lines in the Overlay
section of the case data:

OIL 7/2014 990 876 955 #

GAS 7/2014 0 1120 956 #
OPC/T 7/2014 2510 1535 950 #

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Batch Macros

Batch macros calculate reserves and economics for several different

project and scenario combinations. Each project and scenario
combination can use different input settings, output report styles, and
weighting factors. In addition, you can select which output tables to
populate for each project and you can select the Trace mode to use for
each project.

When you have projects that are adding SuperSums, you can schedule
the originating projects first then place the summary projects after them.
Using this process, you can have ARIES software calculate all your
totals immediately after calculating the original summaries.

In this exercise, we will create a new batch macro.

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Action
1. Go to Economics.

2. Select File > Open > Batch Macro > CLASS.

The Batch Macro screen is a spreadsheet with each row representing a

different project and scenario combination. Before running batch
macros, the appropriate items must be completed on each row. Not all
items are necessary. The following columns are available.

Project Name
Defines the project used for the economic calculations. Enter the project
name or select a name from the drop-down menu. Several projects may
be defined in the batch macro by simply entering a different project
name on each row.

Scenario Name
Defines the scenario used for the economic calculations. Enter the
scenario name or select a name from the drop-down menu. Several
scenarios may be defined by simply entering a different scenario name
on each row.

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Input Setting
Defines the input settings used for the economic calculations. Enter the
input setting or select a name from the drop-down menu. Several input
settings may be defined by simply entering a different input setting on
each row.

Report Style/Browse Style

Defines the report style used for the economic calculations. Enter the
report style or select the Browse Style option to select the report style.
Several report styles may be defined by simply entering a different
report style on each row.

Output To/ Browse Output

Defines the output filename to store the economic calculations. Enter the
output filename or select the Browse Output option to select the output
filename. Several output files may be defined by simply entering a
different output filename on each row.

Note

If an existing output file is selected, the new economic calculations will be

appended to the bottom of the output file. Previously existing information will not
be overwritten. To delete an existing output file, select File > Delete > Output file.

Data Page
When selected, the data input page which includes a list of the economic
input parameters will be printed.

Report Page
When selected, the individual economic calculation reports and the
summary calculations will be printed.

Weight
Defines the weighting factor (or multiplier) applied to the economic run.
Enter the desired weighting factor.

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Oneline
When selected, the Oneline table will be updated.

Monthly
Defines the number of months to update the Monthly table. Enter the
number of months to update or leave blank to avoid updating the
Monthly table.

Detail
Defines the number of time frames to update the Detail table. Enter the
number of time frames or leave blank to avoid updating the Detail table.

Note

Time frames are defined in Input Settings, Framework component.

Owner
When selected, the Owner table will be updated.

Store Entity
When selected, the summary information for each property is stored in
the EcoSums table.

Store Summary
When selected, the summary information for each summary node is
stored in the EcoSums table.

Trace
Defines the trace used for a view of more detailed calculations. The
available trace options are Gas Deliverability, Depreciation, Depletion,
and Loan.

Set Monthly Trace

When selected, gives you the ability to trace economic streams on a
monthly basis. Enter the start of the trace in the First Month field, the

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end of the trace in the Last Month field, and the streams to be traced in
the Stream field.

Note

To run the batch macro, either click the Run button while editing the batch macro
or select File > Open > Batch Macro.

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Chapter Summary

In this chapter we:

• Learned additional features of input settings and scenarios

• Examined how to use Excel data, such as simulator data, in the

production section

• Learned how to use load lines to overwrite a projection

• Explored stream arithmetic

• Learned how to use batch macros to run a number of projects

sequentially

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 Chapter 5
ARIES Across the Modules
In this chapter we will discuss how to use some features of ARIES. We will also look at an
Economic Modeling script.

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Chapter 5: ARIES Across the Modules

Overview

This chapter covers the following subjects.

• Exporting/Importing economic data

• Incremental Economics for a workover

• Economic Modeling

• Property Replicator

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Exporting/Importing Economic Data

Exporting, Modifying, and Re-importing Economic Data

Sometime is it handy to be able to duplicate rows in Economics, make a
change to those rows, and then append the rows back into Economics.
This is especially useful when you want a copy rows designated by the
scenario’s hierarchy and want to have a different qualifier. For example,
assume we have a database that we want to evaluate sensitivity on
capital. The existing Investment section lines in the Economic table are
qualified based on the scenario UPSIDE, which uses the qualifier
UPSIDE then DEFAULT. Since we don't want to change these lines, we
would like to duplicate them and assign a new qualifier SENS_01. We
can then modify the new lines as desired without impacting our original
data. There is no function within the Global Editor to duplicate lines, but
we can use the Export / Import routine to accomplish this.

Note

This function is performed in Project Manager.

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Action
1. Open the project containing the list of wells you wish to export.

2. Select File > Export > Economic Case Data.

3. Specify the path and file name of the text file to be created.

4. Select an item from the Master table to be included in the file.

This item will be used to match records during the import procedure.
It does not have to be the same field name (PROPNUM) in the
database to be imported into, but the value in the field must match.

For example, you might export using a field called Well ID and
import into a database where the same information is called
UniqueID. As long as the data in UniqueID is the same as the data
in Well_ID, ARIES software will find the matching record and
import the data.

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5. Identify the section in the Economic table where the information is

to be exported from and whether or not you want to export
unqualified lines.

In this example only qualified lines will be exported.

Scenario - In this example we are using a scenario called Y2014YE.

Exporting works the same way as running economics in that it uses
hierarchal qualifiers contained in the scenario to determine which
lines to export. The first qualifier found in Investment section as
specified by the scenario named Default will be the lines exported.
Be sure the scenario you have specified contains appropriate
qualifiers, so your exported data will be what you expect.

6. Click Export. The lines specified are written to the text file.

7. Click OK and Exit to close Exporter.

You now have a text file that can be imported into an ARIES
software database. Since our unique identifier is PROPNUM, these

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Chapter 5: ARIES Across the Modules

begin in the first column. All PROPNUMS are displayed, along with
any INVESTMENT lines.

Since we want to import the lines back into the same database we
exported from, we will change the qualifiers in the text file we
created.

8. Open a text editor and replace the original qualifiers with the new
qualifier. It is very important that the editor used is capable of
reading and displaying lines longer than 100 characters without
wrapping the text to the next line.

After changing the qualifiers, save the file as Invest_In.txt. We are

now ready to import the data back into our original database.

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9. Open the database you wish to import into and select

File > Import > Economic Data.

It does not matter if the project you select contains all the wells you
will be importing into or not. ARIES software will search the entire
database looking for a match and bring the data in.

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10. Identify the path and filename of the text file containing the
import data.

11. Specify a field in the Master table to match on.

In this example since we are importing back into the same database
we will again use the PROPNUM.

12. Select the Merge option.

This will delete any existing lines in the Investment section that have
the same qualifier as the lines being imported, and then add the new
lines. This is important if there is a possibility that lines already exist
in the database with the new qualifier; SENS_01 in this case.

For example, if there are five lines with the qualifier already in the
database, but only three in the text file to be imported, all five lines

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would be deleted and the three new lines added. This ensures there
are no extraneous qualified lines in the database after importing.

If you are certain the new qualifier does NOT exist, select the
Append option. ARIES will add the new lines to the Investment
section, regardless of any existing lines.

13. Click Import.

ARIES software imports the data. If no match is found a message

will be displayed for those records.

14. Click OK and Exit to close the Importer.

15. Make the AXELROD 2 ACTIVE and look at the Investments

section of the expert editor in Economics.

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As shown in the previous image, the Investments section now contains

duplicated lines. One set of lines is qualified DEFAULT and the second
set is qualified SENS_01. Selection of the appropriate lines can be
controlled by the scenario selected.

If we want to modify the lines qualified SENS_01, we can use the global
editor. For example, we want to modify all lines with the keyword
CAPITAL and qualifier SENS_01. To select only these lines, we enter
in the Search For column the Category Name, CAPITAL, and the
Qualifier, SENS_01, In the Replace with Column, we enter our
sensitivity updates. In this example, we are increasing the Tangible
amount by 20% and decreasing the Intangible amount by 15%.

We only fill out the items we want to change. Also, before using Replace
All, you need to ensure the calculations are what you expect. If not, click
Cancel.

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Incremental Economics for a Workover

Using Incremental Economics

There are several ways to calculate incremental economics. The first
way is to enable multiple scenarios. To model this feature, we need to
use a single property and schedule a workover in it. We have the original
forecast, called BASE. and the workover forecast, called UPSIDE. We
want to make sure that the production for the workover covers the
additional expense and capital costs. See the MultiGraph example
below. Each projection and its start date needs to be qualified with a
different qualifier and a scenario needs to be created for each qualifier.

Enabling Multiple Scenarios

Action
1. In Project Manager, select Definitions > Preferences.

2. Select the Enable Multiple Scenarios check box, then click OK.

After you have completed this process, the Use Picklist option will
become available in the Scenario drop-down menu.

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3. Select the Use Picklist scenario.

Now that you have enabled the Use Picklist option, you can select
the scenario by individual property, as well as giving the properties
different economic weights.

4. Select a property upon which you wish to run incremental

economics. For this example we will use the PUCK 1 well from the
ARIES Class Adv database.

Modify the Properties for the Case

Action
1. Create a copy of the SHOWID for the PUCK 1. To do this, highlight
the SHOWID, then press Ctrl + C.

2. Create a new blank Project, then press Ctrl + V twice. The PUCK 1
well will now appear in the picklist twice.

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3. Highlight one of the PUCK 1 wells, right-click and choose

Properties from the speed menu.

4. In the Properties dialog box, leave the Economic Weight field at 1.

5. For the scenario, choose UPSIDE from the drop-down menu.

6. Click OK.

7. Highlight the other PUCK 1 well. Right-click and choose

Properties from the speed menu.

8. Change the Economic Weight field to -1.

9. Choose BASE from the Scenario menu.

10. Save the project as Incremental-Mult Scenarios.

You are now ready to run incremental economics on the PUCK 1 well.

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Running Economics

Action
1. Be sure both copies of the PUCK 1 are active. Then select the Break
Point Grand Total.

2. Go to Economics, select scenario 2015Q1 in the Input Settings

drop-down and the Results preview in the Economic Run
Settings.

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3. Select Evaluate > Preview Economics. It is important that you

choose Preview Economics at this step for the scenarios to apply.
Note that the preview will give a page for the UPSIDE and BASE
scenarios, followed by the Grand Total.

Using Econ Group

The Econ Group adds the functionality of adding the same property
numerous times to the same group. This feature allows ARIES software
to calculate wedge and incremental economics. Econ Group and its
members will not lose their scenario reference or any weight factor.
Also, when running economics, the results can be stored for the Econ
Group, but not for the cases contained in the group. If the given member
does not have a reference scenario it will then use the scenario
referenced by the Econ Group, and if there is not a scenario associated
with the Econ Group, it will then use the current scenario displayed in
the toolbar.

In this example, we will create an Econ Group using the PUCK 1

property, and perform the same calculations as our Enabling Multiple
Scenarios Action item. We will also practice manually building a
project.

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Action
1. Save the Incremental-Mult Scenarios project as Incremental-
ECON GRP.

2. Use the speed menu to create an Econ Group, using the figure
below as a guide:

3. Drag both instances of PUCK 1 into the group. Notice the weight
and scenario may need to be reset. This is based on which version
of ARIES your company is using.

4. Set the properties for each instance of our case as in the Using
Increment Economics action item.

5. Highlight one of the PUCK 1 cases, right-click and choose

Properties from the speed menu. Leave weight as 1, and choose

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UPSIDE as the scenario. For the other case, make the weight -1,
and choose the scenario BASE. Select the PUCK NO. 1 INC GRP.

6. Save the project.

7. Go to Economics, select 2015Q1 for the Scenario and for the Input
Settings. Then select Evaluate > Preview Economics. In fact, for
our example, it would not matter which scenario you choose.

Notice the log window shows switching between scenarios. This

Econ Group generates the same values as our Enabling Multiple
scenarios example.

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Running Incremental Reserves in ARIES, Using

ARIES Modeler

Overview
Another way to run incremental economics for a work over situation or
for the SEC option of reporting with 1P, 2P, and 3P cases is with the
additional module of ARIES modeler. This can be handled as either
separate cases or in a single case. Below is an example using separate
cases.

Note

The scenario you use must have a qualifier name in the Model Data
section.

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Economic Expert Editor

A simple proved case input, ARIES expert editor (1P)

Proved case Model Data tab (1P)

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Probable case Expert editor (2P)

Probable case Model Data tab (2P)

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Possible case Expert editor (3P)

Possible case Model Data tab (3P)

First add script and MDATA lines to each case in the ARIES database,
as shown in the screen shots. You can use the global economic editor to
get the majority of the script and MDATA lines put in each ARIES case.
Then each case will be edited for the 2P and 3P reserve cases.

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Chapter 5: ARIES Across the Modules

DEFAULT scenario – This will run the cases (1P, 2P, and 3P), subtract
the 1P case from the 2P case, save the P2 results, then subtract the saved
P2 results from the 3P case.

Input Settings
A onetime setup for the input settings, this is applied through the
common line data section on the input settings.

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Run log with additional lines showing the saving of the case results and
subtracting of the previous reserve class.

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Economic Results of the incremental cases and grand total run

1P results

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P2 results

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P3 results

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Grand total or 3P results

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Chapter 5: ARIES Across the Modules

Property Replicator

The Property Replicator is accessed from the Tools > Property

Replicator menu command in Project Manager.

Use the Property Replicator to create and schedule large drilling

programs using an existing property as a type property.

Action
1. Open the NEW_DRILL_WELLS project and select the NEW
DRILL DEV well.

2. Select LVIEW as the current Scenario.

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3. Open the Economics Editor and note the START date(s) and
Investment Points.

4. Close the Economic Editor and return to Project Manager.

5. From the drop-down menus, select Tools > Property Replicator.

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6. As with most menus, the Help button will take you directly to the
topic.

The Property Replicator will replicate the currently active property and
create a specified number of wells. The starting date of the economic
data lines will be changed progressively by a specified amount to
account for drilling times.

Show ID to Auto Number

This field specifies the item within the ShowID that will be
automatically numbered to identify each replicated property. Click the
down arrow to reveal a list of the currently specified ShowID items and
an option of <none>.

It is suggested that you create a Master table item spcifically for this use,
such as Drill_ID, so you can enter this item as, for example, BIG DEAL
DEV for the source property the auto numbering would then produce
BIG DEAL DEV [001], making it easier to manage these properties
later. The source property is not auto numbered, so it could be used
again in another program.

Number of Properties to Create

This field specifies the number of properties to be replicated. The
default value is 1. This entry must be an integer from 1 to 999.

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Shift First Well, Mos

This entry allows the same source property to be used for different
situations without having to change all its dates manually. This field
specifies the number of months to shift the data in the source property to
create the first new property. The entry must be an integer. The default
value is 0 and it can be a negative integer. For example, the source
property might have production starting at 1/2009, but have investments
scheduled a -3 months. The Drill and complete time, mos entry is used
to increment the dates for the remainder of the new properties.

Drill and Complete Time, Mos

This entry specifies the total cycle time between created properties, in
months, for a single rig. The default value is 1, and cannot be negative.

If entered as a fraction, several cases are scheduled for each month. for
example, if the entry is .5, (half month drill time) two wells will be
scheduled for each month. If the entry is .25 (one week drill time), four
wells are scheduled for a single month. An entry of 0 (zero) results in
no date incrementing.

Number of Rigs
This entry specifies the number of rigs that will be used concurrently for
the project. The value must be an integer and the default value is 1. An
entry of 0 (zero) can be used if you are duplicating properties.

A value of 2 in this field means twice as many wells will be drilled at the
same time. Likewise, an entry of 4 will result in four times as many wells
being drilled at the same time.

Delay Production to End

This option specifies if all the properties being replicated will delay the
start of production until the last property is completed.

• No - This is the default value. When this option is selected,

production for these properties is not delayed. All the data is
successively modified for each new property according to the Drill
and complete time, mos entry.

• Yes - When this option is selected, investments for the properties

will be delayed until the last property is completed.

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Basic Workflow
The basic workflow for drilling a combination of exploration and
development wells using this feature is as follows:

1. Create a new project or select an existing one.

2. Create a sigma for the exploration phase.

3. Drag the exploration source property under the sigma.

4. Replicate the properties.

5. Create a sigma for the development phase.

6. Drag the development source property under the sigma.

7. Enter desired parameters and replicate the property.

8. Deactivate (gray out) or remove the exploration and development

source properties in the Picklist.

9. Run Auto Summary to calculate all properties, the exploration and

development subtotals, and the grand total.

Tips
The following are useful tips to keep in mind when this feature is used:

• Be sure the Base and Effective dates are early enough to

accommodate investments entered at, for example -3 months, for
the first properties.

• Use escalation schemes to escalate the replicated initial price, cost,

or investment values to the appropriate values when the new case
starts. "PC" type escalations will use the entered initial value at the
shifted time, thus providing no escalation in the interim.

• For most purposes use relative dates to follow the time shifting of
new cases.

• When needed, use absolute dates to lock a time point to a certain

date. But be aware that this can cause unwanted results if the new
case is shifted beyond this absolute date.

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• Schedule up-front project type investments in the appropriate

summary node.

• To model repeated sets of wells for which production is delayed

until each set is completed, replicate each set separately using the
Shift first well and Delay production to end features.

• Remember to deactivate the source property when economics is

run.

Examples
The following three examples give you an idea of how this feature is
implemented:

Example 1
With the input listed below:

The output will be:

The ARIES software creates and starts two properties six months after
the source property. It then creates and starts two more properties six
months later (12 months after the source property), and continues this
until all 10 wells are drilled at the 30 month point. Two wells are drilled
every six months, which is not the same as drilling one well every three
months.

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Example 2
With the input listed below:

The output will be:

The ARIES software will create two properties six months after the
source property, two more properties six months later, and continues
until 10 wells are completed at month 30. The investment lines for the
first two properties are incremented by six months, and by 12 months for
the second two properties. The START dates for the production lines
for all 10 properties are incremented by 30 months.

Example 3
With the input listed below:

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The output will be:

Drill and complete time indicates two wells will be drilled per month
(per rig). with a rig count of 2, four properties will be created each
month (2*2=4).

Facility delay indicates production will not begin until the 10th well is
completed. The 12th well is complete in the third month (four wells,
then four wells, then two wells). The first four wells' investments are
incremented by one month, the next four by two months, and next four
wells by three months. the production for all 12 wells is incremented by
three months.

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Chapter 5: ARIES Across the Modules

Chapter Summary

In this chapter we:

• Learned how to export, modify and re-import economic data.

• Learned two ways to evaluate a work-over using incremental

economics with the Economics Module.

• Saw how to run Incremental Reserves using the ARIES Modeler.

• Used the Property replicator to create and schedule a drilling

program

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 Appendix A
Tables for Production Section

Table 1: Production Rate Units

Major Phase and Subordinate Not Scheduled as Ratio

OIL GAS OTHER

B/D Barrels per M/D Mcf per U/D Units per day
day day

B/M Barrels per M/M Mcf per U/M Units per

month month month

B/Y Barrels per M/Y Mcf per U/Y Units per year
year year

MB/D Thousands of MM/D MMCF per

barrels per day day

MB/M Thousands of MM/M MMCF per

barrels per month
month

MB/Y Thousands of MM/Y MMCF per

barrels per year
year

ARIES™ Software Advanced, Release 5000.1.13 A-1

Appendix A: Tables for Production Section

Table 2: Production Rate Units

Subordinate Ratio Phases

OIL SUBORDINATE GAS SUBORDINATE OTHER SUBORDINATE

B/M Barrels per MCF M/B Mcf per U/B Units per barrel
barrel

B/MM Barrels per MM/B MMCF per U/M Units per MCF
MMCF barrel

B/B Barrels per Barrel M/M Mcf per

MCF

B/U Barrels per Unit M/U MCF per

unit

Table 3: Production Section

Permissible Forecast Units

YR or YRS Cumulative years after the start date

MO or MOS Cumulative years after the start date

IYR Incremental years after previously scheduled line of this phase

IMO Incremental months after previously scheduled line of this phase

AD Absolute date such as 7/85 or 1985.5

IMU Incremental thousands of units in stream being scheduled after pre-

vious schedule of this line

LINE Project Line Number (can only reference a previously scheduled

major phase)

LIFE Life of project (can only reference a previously scheduled major

phase

BBL Barrels of production, not incremental (includes cum and previous

lines’ production)

MB Thousand of barrels of production, not incremental (includes cums

and previous lines’ production)

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 Appendix A: Tables for Production Section

Table 3: Production Section

Permissible Forecast Units

UCR Tie to ultimate crude volumetrics

UGR Tie to ultimate gas volumetrics

EXP Stop when reach decline specified %

BBL Barrels of oil ultimate production

MB Thousands of barrels of ultimate production

BPD Tie to Oil Forecast Rate

MCF Thousands of cubic feet of ultimate production

MMCF Millions of cubic feet of ultimate production

BCF Billions of cubic feet of ultimate production

MPD MCF of gas producing rate from prior gas production

U Units

MU Thousands of units

IMU Incremental thousands of units

Table 4: Special Forecast Units

for Ratios with Cum Correlation

BBL, MB,MMB If ratio phase is oil

MCF,MMF,BCF, If ratio phase is gas

GPT

U,MU If ratio is U phase

ARIES™ Software Advanced, Release 5000.1.13 A-3

Appendix A: Tables for Production Section

A-4 ARIES™ Software Advanced, Release 5000.1.13

 Appendix B
Units
Table 1: Prices, Operating Costs, Taxes
Price and Cost Units

$/B Price per barrel of oil, or operating cost per barrel of oil

$/M Price per MCF of gas, or operating cost per MCF of gas

$/M For operating costs, dollars per month

% For severance and Ad Valorem taxes

Table 2: Permissible Forecast and Reversion Units

Prices, Operating Costs, Taxes, Interests and Capital

YR or YRS Cumulative years after the start date

MO or MOS Cumulative years after the start date

IYR Incremental years after previously scheduled line of this phase

IMO Incremental months after previously scheduled line of this phase

AD Date such as 7/85 or 1985.5

LINE Project Line Number (can only reference a previously scheduled

major phase)

LIFE Life of project (can only reference a previously scheduled

major phase)

BBL, MB, MMB, Limits available if oil has been scheduled

NPT, BPD

MCF, MMF, BCF, Limits available if gas has been scheduled

MPD

ARIES™ Software Advanced, Release 5000.1.13 B-1

Appendix B: Units

Table 3: Escalation Units for Prices,

Expenses and Investments

PC Escalates at the end of every month approximately 1/12 of the

annual escalation
PC values are Compounded

PC/M Same as PC

PC/Q Escalates at the end of each quarter approximately 1/4 of the

annual amount

PC/S Escalates at the end of each six month period approximately 1/2 of
the annual escalation

PC/Y Holds the value flat for one year then escalates the entire
annual amount

PC/B Escalates biannually

$E Escalates 1/12 of the $/Unit annual value at the end of every month

$E/M Same as $E

$E/Q Escalates 1/4 of the $/Unit value at the end of every quarter

$E/S Escalates 1/2 of the $/U value every six months

$E/Y Holds the value flat for one year then all the $/Unit value is added at
one point in time

$E/B Escalates 2 times the annual rate biannually

PE Escalates the value monthly at 1/12 of the annual value

All PE values are simple escalations

PE/M Same as PE

PE/Q Escalates the value 1/4 of the annual escalation at the end of
every quarter

PE/S Escalates the value semiannually using 1/2 of the annual escalation

PE/Y Holds the value flat for a year then applies the entire escalation at
one time

PE/B Holds the value flat for two years then applies 2 times the escalation
at one time

B-2 ARIES™ Software Advanced, Release 5000.1.13

 Appendix B: Units

Table 4: Additional Reversion Units

for Interest Reversions

M$G Limit to the month when stream number 892 (revenue to appraised
interest after severance and WPT) cumulated to a
specified M$

M$N Limit to the month when stream number 1069 (save as above less
operating costs and net profits interest dollars) cumulated to
specified M$

M$(i) Limit to the month when the values in stream I cumulate to the
specified M$ or volume of production

Use of streams 746 (gross revenue less royalties, severance, ad

valorum, operating costs, and net profits interests), 747 (same as
746, but prior to net profits interests), and 1069 (net revenue less
severance, ad valorum, and operating costs) are the most common

IM$(i) Limit to the month when the values in stream I, since the last line
scheduling this stream, cumulate to the specified M$
(an incremental M$(i) limit)

S(i) Limit to the month when the values in stream I cumulate to the
specified number

ARIES™ Software Advanced, Release 5000.1.13 B-3

Appendix B: Units

B-4 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C
Description of 1500 Streams
The following are the items included and conventions used in the tables:

• Includes DOS 300 Stream Numbers and DOS keywords

• Items in italics apply to Canadian Economics only

• Items underlined apply to United States Economics only

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

SPECIAL STREAMS (1 - 30)

1 1 S/1 S/1 SPECIAL STREAM #1

2 2 S/2 S/2 SPECIAL STREAM #2

3 3 S/3 S/3 SPECIAL STREAM #3

4 4 S/4 S/4 SPECIAL STREAM #4

5 5 S/5 S/5 SPECIAL STREAM #5

6 6 S/6 S/6 SPECIAL STREAM #6

7 7 S/7 S/7 SPECIAL STREAM #7

8 8 S/8 S/8 SPECIAL STREAM #8

9 9 S/9 S/9 SPECIAL STREAM #9

10 10 S/10 S/10 SPECIAL STREAM #10

11 -- -- S/11 SPECIAL STREAM #11

12 -- -- S/12 SPECIAL STREAM #12

13 -- -- S/13 SPECIAL STREAM #13

14 -- -- S/14 SPECIAL STREAM #14

15 -- -- S/15 SPECIAL STREAM #15

16 -- -- S/16 SPECIAL STREAM #16

17 -- -- S/17 SPECIAL STREAM #17

18 -- -- S/18 SPECIAL STREAM #18

19 -- -- S/19 SPECIAL STREAM #19

20 -- -- S/20 SPECIAL STREAM #20

21 -- -- S/21 SPECIAL STREAM #21

22 -- -- S/22 SPECIAL STREAM #22

23 -- -- S/23 SPECIAL STREAM #23

24 -- -- S/24 SPECIAL STREAM #24

25 -- -- S/25 SPECIAL STREAM #25

26 -- -- S/26 SPECIAL STREAM #26

27 -- -- S/27 SPECIAL STREAM #27

28 -- -- S/28 SPECIAL STREAM #28

29 -- -- S/29 SPECIAL STREAM #29

30 -- -- S/30 SPECIAL STREAM #30

ARIES™ Software Advanced, Release 5000.1.13 C-1

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

MONTHLY RATE STREAMS ( 31 - 344 )

31 14 S/31 -- RESERVED

32 15 S/32 -- RESERVED

33 16 S/33 -- RESERVED

34 -- S/34 -- RESERVED

35 -- S/35 -- RESERVED

36 -- S/36 -- RESERVED

37 -- FRH FREE HOLD CONTENT OF LEASE %

38 -- IND INDIAN CONTENT OF LEASE %

39 -- -- CAQ SASK CROWN AQUIRED CONTENT OF LEASE %

40 17 STX/OIL STX/OIL OIL SEV TAX RATE - % OR $/BBL

41 18 STX/GAS STX/GAS GAS SEV TAX RATE - % OR $/MCF

42 STX/CND CND SEV TAX RATE - % OR $/BBL

43 20 STX/SGS STX/SGS SGS SEV TAX RATE - % OR $/MCF

44 19 STX/NGL STX/NGL NGL SEV TAX RATE - % OR $/BBL

45 -- -- STX/SUL SUL SEV TAX RATE - % OR $/U

46 -- -- STX/WTR WTR SEV TAX RATE - % OR $/U

47 -- -- STX/8 EIGHTH SEV TAX RATE - % OR $/U

48 -- -- STX/9 NINTH SEV TAX RATE - % OR $/U

49 -- -- STX/10 TENTH SEV TAX RATE - % OR $/U

50 -- -- STX/11 ELEVENTH SEV TAX RATE - % OR $/U

51 -- -- STX/12 TWELVETH SEV TAX RATE - % OR $/U

52 -- -- STX/13 THIRTEENTH SEV TAX RATE - % OR $/U

53 -- -- STX/14 FOURTEENTH SEV TAX RATE - % OR $/U

54 -- -- STX/15 FIFTEENTH SEV TAX RATE - % OR $/U

55 21 ATX ATX AD VALOREM TAX RATE - % REVENUE

56 -- -- ATX/T AD VALOREM TAX - $/MO, $/YR

57 -- -- EFF/ROY CORPORATE EFFECTIVE ROYALTY RATE

58 -- -- -- RESERVED
59 -- CRN(1) CRN/OIL MANUALLY SCHEDULED OIL CROWN ROY RATE - %
60 -- : CRN/GAS MANUALLY SCHEDULED GAS CROWN ROY RATE - %

61 -- : CRN/NGL MANUALLY SCHEDULED NGL CROWN ROY RATE - %

62 -- CRN(4) CRN/SGS MANUALLY SCHEDULED SGS CROWN ROY RATE - %

63 -- -- CRN/WTR MANUALLY SCHEDULED WATER CROWN ROY RATE - %

64 -- -- CRN/PRO MANUALLY SCHEDULED PROPANE CROWN ROY RATE - %

65 -- -- CRN/BUT MANUALLY SCHEDULED BUTANE CROWN ROY RATE - %

66 -- -- CRN/ETH MANUALLY SCHEDULED ETHANE CROWN ROY RATE - %

67 -- -- CRN/HVY MANUALLY SCHEDULED HEAVY OIL CROWN ROY RATE - %

68 -- -- CRN/SUL MANUALLY SCHEDULED SULPHUR CROWN ROY RATE - %

69 -- -- CRN/11 MANUALLY SCHEDULED ELEVENTH CROWN ROY RATE - %

70 -- -- CRN/12 MANUALLY SCHEDULED TWELVETH CROWN ROY RATE - %

71 -- -- CRN/13 MANUALLY SCHEDULED THIRTEENTH CROWN ROY RATE - %

72 -- -- CRN/14 MANUALLY SCHEDULED FOURTEENTH CROWN ROY RATE - %

73 -- -- CRN/15 MANUALLY SCHEDULED FIFTEENTH CROWN ROY RATE - %

74 -- -- OLD/OIL CROWN OLD OIL CLASSIFICATION - %

75 -- -- TIER CROWN TIER OIL CLASSIFICATION - %

76 -- -- OLD/GAS CROWN OLD GAS CLASSIFICATION - %

C-2 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

77 -- -- OLD/NGL CROWN OLD NGL CLASSIFICATION - %

78 -- -- FLD/NGL FIELD CONDENSATE %

79 -- -- MTX/OIL ALBERTA PRESCRIBED MINERAL OIL TAX RATE % DEFAULT 26.9%

80 -- -- MTX/GAS ALBERTA PRESCRIBED MINERAL GAS TAX RATE % DEFAULT 6.9%

81 -- -- MINTAX MINERAL TAX RATE %

82 -- -- ORRO SLIDING SCALE RATIO

83 -- -- ORRG MINIMUM GAS ROYALTY PERCENT OR $

84 -- -- -- RESERVED

85 -- -- PTF/OLD SASKATCHEWAN OLD PRODUCTION TAX FACTOR - %

86 -- -- PTF/NEW SASKATCHEWAN NEW PRODUCTION TAX FACTOR - %

87 -- -- ACQ/FAC SASKATCHEWAN CROWN AQUIRED LANDS FACTOR - %

88 -- -- W/ USER DEFINED STREAM

89 -- -- W/ USER DEFINED STREAM

90 -- -- W/ USER DEFINED STREAM

91 -- -- W/ USER DEFINED STREAM

92 -- -- W/ USER DEFINED STREAM

93 -- -- WIBASIS NOT IMPLEMENTED

94 -- -- NIBASIS NOT IMPLEMENTED

95 22 WI LSE/WI LEASE WORKING INTEREST

96 -- -- LSE/PLT LEASE PLANT INTEREST

97 -- -- LSE/GTH NOT IMPLEMENTED

98 -- -- -- RESERVED

99 -- -- -- RESERVED

100 25 RI(1) ROY/ONG LEASE ROYALTY - OIL

101 26 RI(2) ROY/ONG LEASE ROYALTY - GAS

102 -- -- ROY/CND LEASE ROYALTY - CND

103 -- -- ROY/SGS LEASE ROYALTY - SGS

104 -- -- ROY/NGL LEASE ROYALTY - NGL

105 -- -- ROY/SUL LEASE ROYALTY - SUL

106 -- -- ROY/WTR LEASE ROYALTY - WTR

107 -- -- ROY/R8 LEASE ROYALTY - 8TH

108 -- -- ROY/R9 LEASE ROYALTY - 9TH

109 -- -- ROY/R10 LEASE ROYALTY - 10TH

110 -- -- ROY/R11 LEASE ROYALTY - 11TH

111 -- -- ROY/R12 LEASE ROYALTY - 12TH

112 -- -- ROY/R13 LEASE ROYALTY - 13TH

113 -- -- ROY/R14 LEASE ROYALTY - 14TH

114 -- -- ROY/R15 LEASE ROYALTY - 15TH

115 27 RI(3) ORR/OIL LEASE OVERRIDING INTEREST OIL - FRAC

116 -- -- ORR/GAS LEASE OVERRIDING INTEREST GAS - FRAC

117 -- -- LSE/ONC LEASE OVERRIDE NET OF CROWN OIL/LEASE OVERRIDING INT NET OIL -
FRAC
118 -- -- LSE/ONG LEASE OVERRIDE NET OF CROWN GAS/LEASE OVERRIDING INT NET GAS -
FRAC
119 -- -- -- RESERVED

120 -- -- -- RESERVED

121 -- -- -- RESERVED

122 -- -- -- RESERVED

123 28 RI(4) LSE/NPI LEASE NET PROFITS INTEREST

124 29 FIO(1) OWN/WI OWNED WORKING INTEREST

125 30 FIO(2) OWN/OIL OWNED ROYALTY INTEREST FOR OIL

126 -- -- OWN/GAS OWNED ROYALTY INTEREST FOR GAS

127 -- -- OWN/CND OWNED ROYALTY INTEREST FOR CND

ARIES™ Software Advanced, Release 5000.1.13 C-3

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

128 -- -- OWN/SGS OWNED ROYALTY INTEREST FOR SGS

129 -- -- OWN/NGL OWNED ROYALTY INTEREST FOR NGL

130 -- -- OWN/SUL OWNED ROYALTY INTEREST FOR SUL

131 -- -- OWN/WTR OWNED ROYALTY INTEREST FOR WTR

132 -- -- OWN/R8 OWNED ROYALTY INTEREST FOR PHASE 8

133 -- -- OWN/R9 OWNED ROYALTY INTEREST FOR PHASE 9

134 -- -- OWN/R10 OWNED ROYALTY INTEREST FOR PHASE 10

135 -- -- OWN/R11 OWNED ROYALTY INTEREST FOR PHASE 11

136 -- -- OWN/R12 OWNED ROYALTY INTEREST FOR PHASE 12

137 -- -- OWN/R13 OWNED ROYALTY INTEREST FOR PHASE 13

138 -- -- OWN/R14 OWNED ROYALTY INTEREST FOR PHASE 14

139 -- -- OWN/R15 OWNED ROYALTY INTEREST FOR PHASE 15

140 31 FIO(3) OWN/ORR OWNED OVERRIDING INTEREST

141 32 FIO(4) OWN/NPI OWNED NET PROFITS INTEREST

142 -- -- OWN/PLT OWNED PLANT INTEREST

143 -- -- OWN/GTH NOT IMPLEMENTED

144 -- -- MNF/INC PLANT REVENUE TO MANUFACTURING INCOME - RATIO FRAC

145 23 FNI(1) NET/OIL LEASE NET INTEREST IN OIL

146 24 FNI(2) NET/GAS LEASE NET INTEREST IN GAS

147 -- -- NET/CND LEASE NET INTEREST IN CND

148 -- -- NET/SGS LEASE NET INTEREST IN SGS

149 -- -- NET/NGL LEASE NET INTEREST IN NGL

150 -- -- NET/SUL LEASE NET INTEREST IN SUL

151 -- -- NET/WTR LEASE NET INTEREST IN WTR

152 -- -- -- LEASE NET INTEREST IN 8TH

153 -- -- -- LEASE NET INTEREST IN 9TH

154 -- -- -- LEASE NET INTEREST IN 10TH

155 -- -- -- LEASE NET INTEREST IN 11TH

156 -- -- -- LEASE NET INTEREST IN 12TH

157 -- -- -- LEASE NET INTEREST IN 13TH

158 -- -- -- LEASE NET INTEREST IN 14TH

159 -- -- -- LEASE NET INTEREST IN 15TH

160 -- -- W/ USER DEFINED STREAM

161 -- -- W/ USER DEFINED STREAM

162 -- -- W/ USER DEFINED STREAM

163 -- -- W/ USER DEFINED STREAM

164 -- -- W/ USER DEFINED STREAM

165 -- -- MUL/OIL MULTIPLIER FOR OIL PHASE - FRAC

166 -- -- MUL/GAS MULTIPLIER FOR GAS PHASE - FRAC

167 -- -- MUL/CND MULTIPLIER FOR CND PHASE - FRAC

168 -- -- MUL/SGS MULTIPLIER FOR SGS PHASE - FRAC

169 -- -- MUL/NGL MULTIPLIER FOR NGL PHASE - FRAC

170 -- -- MUL/SUL MULTIPLIER FOR SUL PHASE - FRAC

171 -- -- MUL/WTR MULTIPLIER FOR WTR PHASE - FRAC

172 -- -- MUL/8 MULTIPLIER FOR 8TH PHASE - FRAC

173 -- -- MUL/9 MULTIPLIER FOR 9TH PHASE - FRAC

174 -- -- MUL/10 MULTIPLIER FOR 10TH PHASE - FRAC

175 -- -- MUL/11 MULTIPLIER FOR 11TH PHASE - FRAC

176 -- -- MUL/12 MULTIPLIER FOR 12TH PHASE - FRAC

177 -- -- MUL/13 MULTIPLIER FOR 13TH PHASE - FRAC

178 -- -- MUL/14 MULTIPLIER FOR 14TH PHASE - FRAC

C-4 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

179 -- -- MUL/15 MULTIPLIER FOR 15TH PHASE - FRAC

180 -- CURALL ALLOWABLE/CURTAILMENT ALL PRODUCTS

181 -- OILCUR ALLOWABLE/CURTAILMENT OIL

182 12 RATE(2) GASCUR ALLOWABLE/CURTAILMENT GAS

183 -- -- -- ALLOWABLE/CURTAILMENT 4

184 -- -- -- ALLOWABLE/CURTAILMENT 3

185 -- -- -- ALLOWABLE/CURTAILMENT 6

186 -- -- -- ALLOWABLE/CURTAILMENT 7

187 -- -- -- ALLOWABLE/CURTAILMENT 8

188 -- -- -- ALLOWABLE/CURTAILMENT 9

189 -- -- -- ALLOWABLE/CURTAILMENT 10

190 -- -- -- ALLOWABLE/CURTAILMENT 11

191 -- -- -- ALLOWABLE/CURTAILMENT 12

192 -- -- -- ALLOWABLE/CURTAILMENT 13

193 -- -- -- ALLOWABLE/CURTAILMENT 14

194 -- -- -- ALLOWABLE/CURTAILMENT 15

195 36 PRI(1) PRI/OIL PRICE FOR OIL

196 37 : PRI/GAS PRICE FOR GAS

197 38 : PRI/CND PRICE FOR CND

198 39 : PRI/SGS PRICE FOR SGS

199 40 : PRI/NGL PRICE FOR NGL

200 41 : PRI/SUL PRICE FOR SUL

201 42 : PRI/WTR PRICE FOR WTR

202 43 : PRI/8 PRICE FOR PHASE 8

203 44 PRI(9) PRI/9 PRICE FOR PHASE 9

204 -- -- PRI/10 PRICE FOR PHASE 10

205 -- -- PRI/11 PRICE FOR PHASE 11

206 -- -- PRI/12 PRICE FOR PHASE 12

207 48 PRI(13) PRI/13 PRICE FOR PHASE 13

208 49 : PRI/14 PRICE FOR PHASE 14

209 50 PRI(15) PRI/15 PRICE FOR PHASE 15

* 210 -- -- PAR/OIL OIL PAR PRICE

211 -- -- PAR/GAS GAS PAR PRICE

212 -- -- PAR/NGL CONDENSATE PAR PRICE

213 -- -- PAR/PRO PROPANE PAR PRICE

214 -- -- PAR/BUT BUTANE PAR PRICE

215 -- -- PAR/ETH ETHANE PAR PRICE

216 -- -- PAR/HVY HEAVY OIL PAR PRICE

217 -- -- PAR/SUL SULPHUR PAR PRICE

218 -- -- -- RESERVED

219 -- -- -- RESERVED

220 -- -- -- RESERVED

221 -- -- -- RESERVED

222 -- -- CAP/GAS CORPORATE AVERAGE GAS PRICE

223 -- -- -- RESERVED

224 -- -- -- RESERVED

225 -- -- -- RESERVED

226 -- -- SEL/OOL SELECT PRICE OLD OIL

227 -- -- SEL/NOL SELECT PRICE NEW OIL

228 -- -- SEL/TOL SELECT PRICE TIER 3 OIL

229 -- -- SEL/HVY SELECT PRICE HEAVY OIL

ARIES™ Software Advanced, Release 5000.1.13 C-5

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

230 -- -- SEL/OGS SELECT PRICE OLD GAS

231 -- -- SEL/NGS SELECT PRICE NEW GAS

232 -- -- SEL/NGL SELECT PRICE CONDENSATE

233 -- -- -- RESERVED

234 45 PRI(10) PRI/T1 RESERVED

235 46 PRI(11) PRI/T2 RESERVED

236 47 PRI(12) PRI/T3 RESERVED

237 -- -- PAJ/OIL PRICE ADJUSTMENT FACTOR FOR OIL

238 -- -- PAJ/GAS PRICE ADJUSTMENT FACTOR FOR GAS

239 -- -- PAJ/CND PRICE ADJUSTMENT FACTOR FOR CND

240 -- -- PAJ/SGS PRICE ADJUSTMENT FACTOR FOR SGS

241 -- -- PAJ/NGL PRICE ADJUSTMENT FACTOR FOR NGL

242 -- -- PAJ/SUL PRICE ADJUSTMENT FACTOR FOR SUL

243 -- -- PAJ/WTR PRICE ADJUSTMENT FACTOR FOR WTR

244 -- -- PAJ/8 PRICE ADJUSTMENT FACTOR 8

245 -- -- PAJ/9 PRICE ADJUSTMENT FACTOR 9

246 -- -- PAJ/10 PRICE ADJUSTMENT FACTOR 10

247 -- -- PAJ/11 PRICE ADJUSTMENT FACTOR 11

248 -- -- PAJ/12 PRICE ADJUSTMENT FACTOR 12

249 -- -- PAJ/13 PRICE ADJUSTMENT FACTOR 13

250 -- -- PAJ/14 PRICE ADJUSTMENT FACTOR 14

251 -- -- PAJ/15 PRICE ADJUSTMENT FACTOR 15

252 52 OPC(2) OPC/OIL OPERATING COST FOR OIL - $/BBL

253 53 OPC(3) OPC/GAS OPERATING COST FOR GAS - $/MCF

254 -- -- OPC/CND OPERATING COST FOR CND - $/BBL

255 -- -- OPC/SGS OPERATING COST FOR SGS - $/MCF

256 -- -- OPC/NGL OPERATING COST FOR NGL - $/BBL

257 -- -- OPC/SUL OPERATING COST FOR SUL - $/UNIT

258 -- -- OPC/WTR OPERATING COST FOR WTR = $/BBL

259 -- -- OPC/8 OPERATING COST FOR PHASE 8

260 -- -- OPC/9 OPERATING COST FOR PHASE 9

261 -- -- OPC/10 OPERATING COST FOR PHASE 10

262 -- -- OPC/11 OPERATING COST FOR PHASE 11

263 -- -- OPC/12 OPERATING COST FOR PHASE 12

264 -- -- OPC/13 OPERATING COST FOR PHASE 13

265 -- -- OPC/14 OPERATING COST FOR PHASE 14

266 -- -- OPC/15 OPERATING COST FOR PHASE 15

267 51 OPC(1) OPC/T OPERATING COST - $/MONTH OR $/YEAR

268 -- OPC(4) OPC/OWL OPERATING COST OIL - $/W/M

269 -- OPC(4) OPC/GWL OPERATING COST GAS - $/W/M

270 -- -- OPC/INJ OPERATING COST INJ - $/W/M

271 -- -- OPC/DIS OPERATING COST DISP - $/W/M

272 -- -- OPC/OGW OPERATING COST GAS & OIL WELLS - $/W/M

273 -- -- LTC/T LIQUIDS TRANSPORTATION EXP - $/MONTH, $/YR

274 -- -- LTC/OIL LIQUIDS TRANSPORTATION EXP - $/B

275 -- -- LTC/REV LIQUIDS TRANSPORTATION EXP - % LIQ SALES

276 -- -- GTC/T GAS TRANSPORTATION EXP - $/M0NTH, $/YR

277 -- -- GTC/GAS GAS TRANSPORTATION EXP - $/MCF

278 -- -- GTC/REV GAS TRANSPORTATION EXP - % GAS SALES

279 -- -- CMP/T COMPRESSION EXPENSE - $/MONTH, $/YR

280 -- -- CMP/GAS COMPRESSION EXPENSE - $/MCF

C-6 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

281 -- -- CMP/REV COMPRESSION EXPENSE - % GAS SALES

282 -- -- TRC/T TREATMENT EXPENSE - $/MONTH, $/YR

283 -- -- TRC/GAS TREATMENT EXPENSE - $/MCF

284 -- -- TRC/REV TREATMENT EXPENSE - % GAS SALES

285 -- -- GPC/T GAS PLANT EXPENSE - $/MONTH, $/YR

286 -- -- GPC/GAS GAS PLANT EXPENSE - $/MCF

287 -- -- GPC/REV GAS PLANT EXPENSE - % NGL SALES

288 -- -- GCA/T CROWN COST ALLOWANCE - $/MONTH, $/YR

289 -- -- GCA/GAS CROWN COST ALLOWANCE - $/MCF OF RAW GAS + SGS

290 -- -- GCA/OIL CROWN COST ALLOWANCE - $/BBL

291 -- -- GCA/OPC CROWN PLANT OPERATING COST ALLOWANCE - $/MCF EQUIVALENT

292 -- -- FEE/T PROCESSING FEE - $/MONTH, $/YR

293 -- -- FEE/GAS PROCESSING FEE - $/MCF GAS + SGS BASED ON SOLD VOLUME

294 -- -- FEE/OIL PROCESSING FEE - $/B OIL + NGLS

295 -- -- WRK/T WORKOVER COST $/MONTH OR $/YR

296 -- -- TRT/T TERTIERY RECOVERY EXPENSE - $/MONTH,$/YR

297 -- -- -- RESERVED

298 -- -- -- RESERVED

299 -- -- -- RESERVED

300 -- -- -- RESERVED

301 -- -- W/ USER DEFINED STREAM

302 -- -- W/ USER DEFINED STREAM

303 -- -- W/ USER DEFINED STREAM

304 -- -- W/ USER DEFINED STREAM

305 -- -- W/ USER DEFINED STREAM

306 -- -- GA/T REGULAR G&A EXPENSE - $/MONTH, $/YR

307 -- -- GA/W G&A RATE - $/W/M

308 -- -- GA/REV G&A RATE - % SALES

309 -- -- GA/OPC G&A RATE - % OPERATING EXPENSE

310 -- -- GA/CAP G&A RATE - % CAPITAL

311 -- -- GAN/T REGULAR G&A EXPENSE - $/MONTH, $/YR

312 -- -- GAN/W G&A RATE - $/W/M

313 -- -- GAN/$ G&A RATE - % SALES

314 -- -- -- RESERVED

315 -- -- -- RESERVED

316 -- -- OH/T REGULAR OVERHEAD RATE - $/MONTH, $/YR

317 227 vi(230) OH/W OVERHEAD RATE - $/W/M

318 -- -- OH/REV OVERHEAD RATE - % SALES

319 225 -- OH/OPC OVERHEAD RATE - % OPERATING EXPENSES

320 226 -- OH/CAP OVERHEAD RATE - % CAPITAL

321 -- -- TCR/OIL TAX CREDIT FOR OIL - $/BBL

322 -- -- TCR/GAS TAX CREDIT FOR GAS - $/MCF

323 -- -- TCR/CND TAX CREDIT FOR CND - $/BBL

324 -- -- TCR/SGS TAX CREDIT FOR SGS - $/MCF

325 -- -- TCR/NGL TAX CREDIT FOR NGL - $/BBL

326 -- -- TCR/SUL TAX CREDIT FOR SUL - $/UNIT

327 -- -- TCR/WTR TAX CREDIT FOR WTR - $/BBL

328 -- -- TCR/8 TAX CREDIT FOR STREAM 8

329 -- -- TCR/9 TAX CREDIT FOR STREAM 9

330 -- -- TCR/10 TAX CREDIT FOR STREAM 10

331 -- -- TCR/11 TAX CREDIT FOR STREAM 11

ARIES™ Software Advanced, Release 5000.1.13 C-7

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

332 -- -- TCR/12 TAX CREDIT FOR STREAM 12

333 -- -- TCR/13 TAX CREDIT FOR STREAM 13

334 -- -- TCR/14 TAX CREDIT FOR STREAM 14

335 -- -- TCR/15 TAX CREDIT FOR STREAM 15

336 -- -- FTC/T FED TAX CREDIT PER UNIT TIME - $/M,$/Y

337 -- -- STC/T RESERVED

338 58 WLS(1) WLW/OIL GROSS OIL WELLS - FRACTION

339 59 WLS(2) WLW/GAS GROSS GAS WELLS - FRACTION

340 -- -- WLW/INJ GROSS INJECTION WELLS - FRACTION

341 -- -- WLW/DIS GROSS DISPOSAL WELLS - FRACTION

342 -- -- WLW/HLO OIL WELLS ELIG. FOR ROYALTY HOLIDAY

343 -- -- WLW/HLG GAS WELLS ELIG. FOR ROYALTY HOLIDAY

344 60 SIZE MONTHS TIME FRAME SIZE - MONTHS

MONTHLY STREAMS - GROSS VALUES ( 345 - 749 )

* 345 61 WMO(1) -- GROSS OIL WELLS * MONTHS - FRACTION

* 346 62 WMO(2) -- GROSS GAS WELLS * MONTHS - FRACTION

347 -- -- -- GROSS INJECTION WELLS * MONTHS - FRACTION

348 -- -- -- GROSS DISPOSAL WELLS * MONTHS - FRACTION

* 349 63 DAYS DAYS NUMBER OF DAYS PRODUCED

* 350 64 PMOS PMOS NUMBER OF MONTHS PRODUCED

351 65 GCAP(1) GCAP GROSS TANGIBLE INV

352 66 : -- GROSS INTANGIBLE INV

353 67 : -- GROSS RISK INV

354 -- -- -- GROSS PLANT CAPITAL

355 68 -- -- GROSS TOTAL INVESTMENT WITHOUT RISK

356 69 -- -- GROSS TOTAL INVESTMENT WITH RISK

357 -- -- W/357 GROSS CASH NON-TAXABLE NET

358 -- -- W/358 GROSS CASH NON-TAXABLE NET BY WORKING INTEREST

359 -- -- W/359 GROSS CASH NON-TAXABLE NET BY NET INTEREST CRUDE

360 -- -- W/360 GROSS TAXABLE, NON-CASH NET

361 -- -- W/361 GROSS TAXABLE, NON-CASH NET BY WORKING INTEREST

362 -- -- W/362 GROSS TAXABLE, NON-CASH NET BY NET INTEREST CRUDE

363 -- -- W/363 GROSS ADDITIONAL RESOURCE INCOME - TAXABLE, NET BY WORKING
INTEREST
364 -- -- W/364 GROSS ADDITIONAL MANUFACTURING INCOME - TAXABLE , NET BY WI

365 -- -- -- RESERVED

366 -- -- -- RESERVED

367 -- -- -- RESERVED

368 -- -- -- RESERVED

369 -- -- -- RESERVED

* 370 -- GVOL(1) OIL GROSS INPUT SCHEDULE FOR OIL

* 371 -- : GAS GROSS INPUT SCHEDULE FOR GAS

* 372 -- : CND GROSS INPUT SCHEDULE FOR CND

373 -- : SGS GROSS INPUT SCHEDULE FOR SGS

374 -- : NGL GROSS INPUT SCHEDULE FOR NGL

375 -- : SUL GROSS INPUT SCHEDULE FOR SUL

376 -- : WTR GROSS INPUT SCHEDULE FOR WTR

377 -- : -- GROSS INPUT SCHEDULE FOR PHASE 8

378 -- GVOL(9) -- GROSS INPUT SCHEDULE FOR PHASE 9

C-8 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

379 -- -- -- GROSS INPUT SCHEDULE FOR PHASE 10

380 -- -- -- GROSS INPUT SCHEDULE FOR PHASE 11

381 -- -- -- GROSS INPUT SCHEDULE FOR PHASE 12

382 -- GVOL(13) -- GROSS INPUT SCHEDULE FOR PHASE 13

383 -- -- -- GROSS INPUT SCHEDULE FOR PHASE 14

384 -- GVOL(15) -- GROSS INPUT SCHEDULE FOR PHASE 15

385 79 GVOL(10) OIL/T1 RESERVED

386 80 GVOL(11) OIL/T2 RESERVED

387 81 GVOL(12) OIL/T3 RESERVED

388 -- VI(83) -- RESERVED

389 -- VI(84) -- RESERVED

390 -- -- -- RESERVED

* 391 70 -- -- GROSS SOLD VOLUME FOR OIL - SOLD = (INPUT*MUL)->CURTAILMENT

* 392 71 -- -- GROSS SOLD VOLUME FOR GAS

* 393 72 -- -- GROSS SOLD VOLUME FOR CND

394 73 -- -- GROSS SOLD VOLUME FOR SGS

395 74 -- -- GROSS SOLD VOLUME FOR NGL

396 75 -- -- GROSS SOLD VOLUME FOR SUL

397 76 -- -- GROSS SOLD VOLUME FOR WTR

398 77 -- -- GROSS SOLD VOLUME FOR PHASE 8

399 78 -- -- GROSS SOLD VOLUME FOR PHASE 9

400 -- -- -- GROSS SOLD VOLUME FOR PHASE 10

401 -- -- -- GROSS SOLD VOLUME FOR PHASE 11

402 -- -- -- GROSS SOLD VOLUME FOR PHASE 12

403 82 -- -- GROSS SOLD VOLUME FOR PHASE 13

404 83 -- -- GROSS SOLD VOLUME FOR PHASE 14

405 84 -- -- GROSS SOLD VOLUME FOR PHASE 15

406 -- -- -- RESERVED

407 -- -- -- RESERVED

408 -- -- -- RESERVED

409 -- -- -- GROSS GAS VOLUME PRIOR TO CONTRACT

410 -- -- -- GROSS GAS VOLUME * CONTRACT %

411 -- -- -- GROSS GAS VOLUME REQUIRED TAKE

412 -- -- W/412 USER DEFINED STREAM

413 -- -- W/413 USER DEFINED STREAM

414 -- -- W/414 USER DEFINED STREAM

415 -- -- W/415 USER DEFINED STREAM

416 -- -- W/416 USER DEFINED STREAM

417 -- -- W/417 USER DEFINED STREAM

418 -- -- W/418 USER DEFINED STREAM

419 -- -- W/419 USER DEFINED STREAM

420 -- -- W/420 USER DEFINED STREAM

421 -- -- W/421 USER DEFINED STREAM

422 -- -- W/422 USER DEFINED STREAM

423 -- -- W/423 USER DEFINED STREAM

424 -- -- W/424 USER DEFINED STREAM

425 -- -- W/425 USER DEFINED STREAM

426 -- -- W/426 USER DEFINED STREAM

* 427 85 REV(1) -- GROSS REVENUE PHASE 1

* 428 86 : -- GROSS REVENUE PHASE 2

* 429 87 : -- GROSS REVENUE PHASE 3

ARIES™ Software Advanced, Release 5000.1.13 C-9

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

430 88 : -- GROSS REVENUE PHASE 4

431 89 : -- GROSS REVENUE PHASE 5

432 90 : -- GROSS REVENUE PHASE 6

433 91 : -- GROSS REVENUE PHASE 7

434 92 : -- GROSS REVENUE PHASE 8

435 93 REV(9) -- GROSS REVENUE PHASE 9

436 -- -- -- GROSS REVENUE PHASE 10

437 -- -- -- GROSS REVENUE PHASE 11

438 -- -- -- GROSS REVENUE PHASE 12

439 97 REV(13) -- GROSS REVENUE PHASE 13

440 98 : -- GROSS REVENUE PHASE 14

441 99 REV(15) -- GROSS REVENUE PHASE 15

* 442 100 REV(16) -- GROSS TOTAL REVENUE FROM PRODUCTS

443 -- -- -- RESERVED

444 -- -- -- RESERVED

445 94 REV(10) -- RESERVED

446 95 REV(11) -- RESERVED

447 96 REV(12) -- RESERVED

448 -- -- -- GROSS TOTAL RESOURCE INCOME

449 -- -- -- GROSS TOTAL MANUF INCOME

450 -- -- -- RESERVED

451 -- -- -- RESERVED

452 -- -- -- GROSS TOTAL REVENUE

453 -- -- -- USER DEFINED STREAM

454 -- -- -- USER DEFINED STREAM

455 -- -- -- USER DEFINED STREAM

456 -- -- -- USER DEFINED STREAM

457 -- -- -- USER DEFINED STREAM

458 106 GSEV(1) -- GROSS OIL SEVERANCE TAX - $

459 107 : -- GROSS GAS SEVERANCE TAX - $

460 108 : -- GROSS CND SEVERANCE TAX - $

461 109 GSEV(4) -- GROSS SGS SEVERANCE TAX - $

462 -- -- -- GROSS NGL SEVERANCE TAX - $

463 -- -- -- GROSS SUL SEVERANCE TAX - $

464 -- -- -- GROSS WTR SEVERANCE TAX - $

465 -- -- -- GROSS 8TH SEVERANCE TAX - $

466 -- -- -- GROSS 9TH SEVERANCE TAX - $

467 -- -- -- GROSS 10TH SEVERANCE TAX - $

468 -- -- -- GROSS 11TH SEVERANCE TAX - $
469 -- -- -- GROSS 12TH SEVERANCE TAX - $
470 -- -- -- GROSS 13TH SEVERANCE TAX - $
471 -- -- -- GROSS 14TH SEVERANCE TAX - $
472 -- -- -- GROSS 15TH SEVERANCE TAX - $
473 110 GSEV(5) -- TOTAL GROSS SEVERANCE TAX - $

474 111 GWP(1) -- RESERVED

475 112 : -- RESERVED

476 113 : -- RESERVED

477 114 : -- RESERVED

478 117 GWPT(1) -- RESERVED

479 118 : -- RESERVED

480 119 : -- RESERVED

C-10 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

481 120 GWPT(4) -- RESERVED

482 -- -- -- RESERVED

483 -- -- -- RESERVED

484 -- -- -- RESERVED

485 -- -- -- RESERVED

486 -- -- -- GROSS OIL INITIAL EFFECTIVE CROWN ROYALTY - BBL

487 -- -- -- GROSS GAS INITIAL EFFECTIVE CROWN ROYALTY - MCF

488 -- -- -- GROSS CND INITIAL EFFECTIVE CROWN ROYALTY - BBL

489 -- -- -- GROSS SGS INITIAL EFFECTIVE CROWN ROYALTY - MCF

490 -- -- -- GROSS NGL INITIAL EFFECTIVE CROWN ROYALTY - UNITS

491 -- -- -- GROSS SUL INITIAL EFFECTIVE CROWN ROYALTY - UNITS

492 -- -- -- GROSS WTR INITIAL EFFECTIVE CROWN ROYALTY - UNITS

493 -- -- -- GROSS 8TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

494 -- -- -- GROSS 9TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

495 -- -- -- GROSS 10TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

496 -- -- -- GROSS 11TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS
497 -- -- -- GROSS 12TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS
498 -- -- -- GROSS 13TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

499 -- -- -- GROSS 14TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

500 -- -- -- GROSS 15TH INITIAL EFFECTIVE CROWN ROYALTY - UNITS

501 -- -- -- TOTAL GROSS INITIAL CROWN ROYALTY - $

502 -- -- -- TOTAL GROSS INITIAL CROWN RESOURCE ROYALTY $

503 -- -- -- GROSS CROWN GAS COST ALLOWANCE

504 -- -- -- CROWN GAS COST ALLOWANCE TAKEN

505 -- -- -- GROSS OIL INITIAL MINERAL TAX - $

506 -- -- -- GROSS GAS INITIAL MINERAL TAX - $

507 -- -- -- GROSS CND INITIAL MINERAL TAX - $

508 -- -- -- GROSS SGS INITIAL MINERAL TAX - $

509 -- -- -- GROSS NGL INITIAL MINERAL TAX - $

510 -- -- -- GROSS SUL INITIAL MINERAL TAX - $

511 -- -- -- GROSS WTR INITIAL MINERAL TAX - $

512 -- -- -- GROSS 8TH INITIAL MINERAL TAX - $

513 -- -- -- GROSS 9TH INITIAL MINERAL TAX - $

514 -- -- -- GROSS 10TH INITIAL MINERAL TAX - $

515 -- -- -- GROSS 11TH INITIAL MINERAL TAX - $

516 -- -- -- GROSS 12TH INITIAL MINERAL TAX - $

517 -- -- -- GROSS 13TH INITIAL MINERAL TAX - $

518 -- -- -- GROSS 14TH INITIAL MINERAL TAX - $

519 -- -- -- GROSS 15TH INITIAL MINERAL TAX - $

520 -- -- -- TOTAL GROSS INITIAL MINERAL TAX - $

521 -- -- -- TOTAL GROSS RESOURCE INITIAL MINERAL TAX

522 -- -- -- GROSS MINERAL TAX GAS COST ALLOWANCE

523 -- -- -- MINERAL TAX GAS COST ALLOWANCE TAKEN

524 -- -- -- GROSS OIL EFFECTIVE CROWN ROYALTY - BBL

525 -- -- -- GROSS GAS EFFECTIVE CROWN ROYALTY - MCF

526 -- -- -- GROSS CND EFFECTIVE CROWN ROYALTY - BBL

527 -- -- -- GROSS SGS EFFECTIVE CROWN ROYALTY - MCF

528 -- -- -- GROSS NGL EFFECTIVE CROWN ROYALTY - UNITS

529 -- -- -- GROSS SUL EFFECTIVE CROWN ROYALTY - UNITS

530 -- -- -- GROSS WTR EFFECTIVE CROWN ROYALTY - UNITS

531 -- -- -- GROSS 8TH EFFECTIVE CROWN ROYALTY - UNITS

ARIES™ Software Advanced, Release 5000.1.13 C-11

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

532 -- -- -- GROSS 9TH EFFECTIVE CROWN ROYALTY - UNITS

533 -- -- -- GROSS 10TH EFFECTIVE CROWN ROYALTY - UNITS

534 -- -- -- GROSS 11TH EFFECTIVE CROWN ROYALTY - UNITS

535 -- -- -- GROSS 12TH EFFECTIVE CROWN ROYALTY - UNITS

536 -- -- -- GROSS 13TH EFFECTIVE CROWN ROYALTY - UNITS

537 -- -- -- GROSS 14TH EFFECTIVE CROWN ROYALTY - UNITS

538 -- -- -- GROSS 15TH EFFECTIVE CROWN ROYALTY - UNITS

539 -- -- -- TOTAL GROSS CROWN ROYALTY - $

540 -- -- -- TOTAL GROSS CROWN RESOURCE ROYALTY $

541 -- -- -- GROSS OIL MINERAL TAX - $

542 -- -- -- GROSS GAS MINERAL TAX - $

543 -- -- -- GROSS CND MINERAL TAX - $

544 -- -- -- GROSS SGS MINERAL TAX - $

545 -- -- -- GROSS NGL MINERAL TAX - $

546 -- -- -- GROSS SUL MINERAL TAX - $

547 -- -- -- GROSS WTR MINERAL TAX - $

548 -- -- -- GROSS 8TH MINERAL TAX - $

549 -- -- -- GROSS 9TH MINERAL TAX - $
550 -- -- -- GROSS 10TH MINERAL TAX - $

551 -- -- -- GROSS 11TH MINERAL TAX - $

552 -- -- -- GROSS 12TH MINERAL TAX - $

553 -- -- -- GROSS 13TH MINERAL TAX - $

554 -- -- -- GROSS 14TH MINERAL TAX - $

555 -- -- -- GROSS 15TH MINERAL TAX - $

556 -- -- -- TOTAL GROSS MINERAL TAX - $

557 -- -- -- TOTAL GROSS RESOURCE MINERAL TAX

558 -- -- -- GROSS OIL INDIAN ROYALTY - BBL

559 -- -- -- GROSS GAS INDIAN ROYALTY - M

560 -- -- -- GROSS CND INDIAN ROYALTY - BBL

561 -- -- -- GROSS SGS INDIAN ROYALTY - M

562 -- -- -- GROSS NGL INDIAN ROYALTY - UNIT

563 -- -- -- GROSS SUL INDIAN ROYALTY - UNIT

564 -- -- -- GROSS WTR INDIAN ROYALTY - UNIT

565 -- -- -- GROSS 8TH INDIAN ROYALTY - UNIT

566 -- -- -- GROSS 9TH INDIAN ROYALTY - UNIT

567 -- -- -- GROSS 10TH INDIAN ROYALTY - UNIT

568 -- -- -- GROSS 11TH INDIAN ROYALTY - UNIT

569 -- -- -- GROSS 12TH INDIAN ROYALTY - UNIT

570 -- -- -- GROSS 13TH INDIAN ROYALTY - UNIT

571 -- -- -- GROSS 14TH INDIAN ROYALTY - UNIT

572 -- -- -- GROSS 15TH INDIAN ROYALTY - UNIT

573 -- -- -- TOTAL GROSS INDIAN ROYALTY AFTER GCA - $

574 -- -- -- TOTAL GROSS INDIAN RESOURCE ROYALTY $

575 -- -- -- GROSS INDIAN GAS COST ALLOWANCE

576 -- -- -- GROSS INDIAN GAS COST ALLOWANCE TAKEN

577 -- -- -- GROSS GAS COST ALLOWANCE - CAPITAL

578 -- -- -- GROSS GAS COST ALLOWANCE - CAPITAL COST ALLOWANCE

579 -- -- -- GROSS GAS COST ALLOWANCE - RETURN ON AVERAGE CAPITAL

580 -- -- -- GROSS GAS COST ALLOWANCE - OPERATING COST ALLOWANCE

581 -- -- -- GROSS GAS COST ALLOWANCE - CUSTOM & SCHEDULED ALLOWANCE

582 -- -- -- GROSS GAS COST ALLOWANCE - EFFECTIVE ALLOWANCE TAKEN

C-12 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

583 -- -- -- GROSS GAS COST ALLOWANCE - OPERATING ALLOWANCE TAKEN

584 -- -- -- GROSS PROCESSING PLANT - CAPITAL

585 -- -- -- GROSS PROCESSING PLANT - DEPRECIATION

586 -- -- -- GROSS PROCESSING PLANT - RATE BASE

587 -- -- -- GROSS PROCESSING PLANT - INCOME TAX PROVISION

588 -- -- -- GROSS PROCESSING PLANT OPERATING EXPENSES - M$

589 -- -- -- GROSS PROCESSING PLANT FEE - M$

590 -- -- -- RESERVED

591 -- -- -- RESERVED

592 -- -- -- RESERVED

593 -- -- -- RESERVED

594 -- -- -- RESERVED

595 -- -- -- RESERVED

596 -- -- -- RESERVED

597 -- -- -- RESERVED

598 -- -- -- RESERVED

599 -- -- -- RESERVED

600 -- -- -- RESERVED

601 -- -- -- RESERVED

602 -- -- -- USER DEFINED STREAM

603 -- -- -- USER DEFINED STREAM

604 -- -- -- USER DEFINED STREAM

605 -- -- -- USER DEFINED STREAM

606 -- -- -- USER DEFINED STREAM

607 -- -- -- USER DEFINED STREAM

608 -- -- -- USER DEFINED STREAM

609 -- -- -- USER DEFINED STREAM

610 -- -- -- USER DEFINED STREAM

611 -- -- -- USER DEFINED STREAM

612 -- -- -- USER DEFINED STREAM

613 -- -- -- USER DEFINED STREAM

614 -- -- -- USER DEFINED STREAM

615 -- -- -- TERTIARY REVENUE $

616 -- -- -- TERTIARY DIRECT INCREMENTAL OPEREATING EXPENSES $

617 -- -- -- TERTIARY ELIGIBLE CAPITAL $

618 -- -- -- TERTIARY VALUE OF INJECTANTS $ (ALTA)

619 -- -- -- TERTIARY GAS VOLUME EQUIVALENT FOR INJECTANTS MCF (ALTA)

620 -- -- -- TERTIARY HEATING VALUE EQUIVALENT FOR INJECTANTS MMBTU

(ALTA)
621 -- -- -- TERTIARY BREAKTHROUGH VOLUME MCF (ALTA)

622 -- -- -- TERTIARY BREAKTHROUGH VALUE $ (ALTA)

623 -- -- -- TERTIARY BREAKTHROUGH PRESENT VALUE $ (ALTA)

624 -- -- -- TERTIARY CAPITAL ALLOWANCE $ (ALTA)

625 -- -- -- TERTIARY CAPITAL BALANCE $ (ALTA)

626 -- -- -- TERTIARY; DIRECT COSTS + FLUID COST - PVI - BREAKTHROUGH $

(ALTA)
627 -- -- -- TERTIARY; (TOTAL COST + CAP ALLOW)*OVERHEAD + CARRY FORWARD
(ALTA)
628 -- -- -- TERTIARY CARRIED FORWARD EXPENSES $ (ALTA)

629 -- -- -- TERTIARY MAXIMUM ALLOWABLE COSTS ( TERTIARY OIL REVENUE $ )

(ALTA)
630 -- -- -- TERTIARY OIL ROYALTY $ (ALTA)

631 -- -- -- RESERVED

632 -- -- -- RESERVED

ARIES™ Software Advanced, Release 5000.1.13 C-13

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

633 -- -- -- TERTIARY ROYALTY DEDUCTION (SASK)

634 -- -- -- TERTIARY OPENING OPERATING LOSS BALANCE (SASK)

635 -- -- -- TERTIARY OPERATING LOSS ALLOWANCE (SASK)

636 -- -- -- TERTIARY NET EOR OPERATING PROFIT (SASK)

637 -- -- -- TERTIARY INVESTMENT ALLOWANCE OPENING BALANCE (SASK)

638 -- -- -- TERTIARY INVESTMENT ALLOWANCE

639 -- -- -- TERTIARY PRE-PAYOUT RATIO

640 -- -- -- RESERVED

641 -- -- -- RESERVED

642 -- -- -- FEDERAL LANDS ALLOWED PROJECT COSTS $

643 -- -- -- FEDERAL LANDS RETURN ALLOWANCE $

644 -- -- -- RESERVED

645 -- -- -- RESERVED

646 -- -- -- RESERVED

647 -- -- -- RESERVED

648 -- -- -- RESERVED

649 -- -- -- RESERVED

650 -- -- -- RESERVED

651 -- -- -- RESERVED

652 -- -- -- RESERVED

653 -- -- -- RESERVED

654 -- -- -- RESERVED

655 -- -- -- RESERVED

656 -- -- -- RESERVED

657 -- -- -- RESERVED

658 -- -- -- RESERVED

659 -- -- -- RESERVED

660 -- -- -- RESERVED

661 -- -- -- RESERVED

662 -- -- -- RESERVED

663 -- -- -- RESERVED

664 -- -- -- RESERVED

665 -- -- -- RESERVED

666 -- -- -- RESERVED

667 -- -- -- RESERVED

668 -- -- -- RESERVED
669 -- -- -- RESERVED

670 -- -- -- RESERVED

671 -- -- -- RESERVED

672 -- -- -- RESERVED

673 -- -- -- RESERVED

674 -- -- -- RESERVED

675 -- -- -- RESERVED

676 -- -- -- RESERVED

677 -- -- -- RESERVED

678 -- -- -- USER DEFINED STREAM

679 -- -- -- USER DEFINED STREAM

680 -- -- -- USER DEFINED STREAM

681 -- -- -- USER DEFINED STREAM

682 -- -- -- USER DEFINED STREAM

683 -- -- -- USER DEFINED STREAM

C-14 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

684 -- -- -- USER DEFINED STREAM

685 -- -- -- USER DEFINED STREAM

686 129 GOPX(2) -- GROSS OPERATING EXPENSE STREAM 1

687 130 GOPX(3) -- GROSS OPERATING EXPENSE STREAM 2

688 -- -- -- GROSS OPERATING EXPENSE STREAM 3

689 -- -- -- GROSS OPERATING EXPENSE STREAM 4

690 -- -- -- GROSS OPERATING EXPENSE STREAM 5

691 -- -- -- GROSS OPERATING EXPENSE STREAM 6

692 -- -- -- GROSS OPERATING EXPENSE STREAM 7

693 -- -- -- GROSS OPERATING EXPENSE STREAM 8

694 -- -- -- GROSS OPERATING EXPENSE STREAM 9

695 -- -- -- GROSS OPERATING EXPENSE STREAM 10

696 -- -- -- GROSS OPERATING EXPENSE STREAM 11

697 -- -- -- GROSS OPERATING EXPENSE STREAM 12

698 -- -- -- GROSS OPERATING EXPENSE STREAM 13

699 -- -- -- GROSS OPERATING EXPENSE STREAM 14

700 -- -- -- GROSS OPERATING EXPENSE STREAM 15

701 128 GOPX(1) -- GROSS REGULAR OPERATING EXPENSE

702 -- GOPX(4) -- GROSS OIL $/W/M OPERATING EXPENSE

703 -- GOPX(4) -- GROSS GAS $/W/M OPERATING EXPENSE

704 -- -- -- GROSS INJ $/W/M OPERATING EXPENSE

705 -- -- -- GROSS DISP $/W/M OPERATING EXPENSE

706 131 -- -- GROSS OIL + GAS $/W/M OPERATING EXPENSE

707 -- -- -- GROSS LIQUIDS TRANSPORTATION EXPENSE

708 -- -- -- GROSS GAS TRANSPORTATION EXPENSE

709 -- -- -- GROSS COMPRESSION EXPENSE

710 -- -- -- GROSS TREATMENT EXPENSE

711 116 GWP(6) -- GROSS GAS PLANT EXPENSE

712 -- -- -- GROSS CROWN COST ALLOWANCE EXPENSE

713 -- -- -- GROSS PROCESSING EXPENSE

714 -- -- WKOVER- GROSS WORK OVER EXPENSE

715 -- -- -- GROSS G&A (CASH) EXPENSE

716 -- -- -- GROSS OVERHEAD (NON-CASH) EXPENSE

717 -- -- -- GROSS TERTIARY EXPENSE

718 -- -- -- RESERVED
719 -- -- -- RESERVED

720 -- -- -- RESERVED

721 -- -- -- RESERVED

722 -- -- -- RESERVED

723 -- -- -- RESERVED

724 -- -- -- RESERVED

725 -- -- -- RESERVED

726 -- -- -- RESERVED

727 -- -- -- RESERVED

728 -- -- -- RESERVED

729 -- -- -- RESERVED

730 132 GOPX(5) -- GROSS TOTAL OPERATING EXPENSE (RESOURCE)

731 -- -- -- GROSS TOTAL OPERATING EXPENSE (MANUFACTURING)

732 133 GOPX(46) -- GROSS AD VALOREM TAX PAID - $

* 733 134 GOPX(7) -- GROSS TOTAL OPERATING & AD VALOREM COSTS - $

ARIES™ Software Advanced, Release 5000.1.13 C-15

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

734 -- -- -- USER DEFINED STREAM

735 -- -- -- USER DEFINED STREAM

736 -- -- -- USER DEFINED STREAM

737 -- -- -- USER DEFINED STREAM

738 -- -- -- USER DEFINED STREAM

739 -- -- -- USER DEFINED STREAM

740 -- -- -- USER DEFINED STREAM

741 -- -- -- USER DEFINED STREAM

742 -- -- -- USER DEFINED STREAM

743 -- -- -- USER DEFINED STREAM

744 135 GTOT(1) -- GROSS PROFIT BEFORE NPI AFTER WPT

745 136 GTOT(2) -- GROSS TOTAL NET PROFIT INTEREST

746 137 GTOT(3) -- GROSS PROFIT AFTER NPI & WPT

747 138 GTOT(4) -- GROSS PROFIT BEFORE NPI & WPT

748 139 GTOT(5) -- GTOT(1) LESS TOT INVESTMENT W/O RISK

749 140 GTOT(6) -- GTOT(3) LESS TOT INVESTMENT W/O RISK

MONTHLY STREAMS - WORKING INTEREST VALUES ( 750 - 799 )

* 750 141 WCAP(1) -- W.I. TANGIBLE INVESTMENTS

* 751 142 WCAP(2) -- W.I. INTANGIBLE INVESTMENTS

752 -- -- -- W.I. RISK INVESTMENTS

* 753 143 -- -- W.I. SOLD VOLUME OIL

* 754 144 -- -- W.I. SOLD VOLUME GAS

* 755 145 -- -- W.I. SOLD VOLUME CND

756 146 -- -- W.I. SOLD VOLUME SGS

757 -- -- -- W.I. SOLD VOLUME NGL

758 -- -- -- W.I. SOLD VOLUME SUL

759 -- -- -- W.I. SOLD VOLUME WTR

760 -- -- -- W.I. SOLD VOLUME PHASE 8

761 -- -- -- W.I. SOLD VOLUME PHASE 9

762 -- -- -- W.I. SOLD VOLUME PHASE 10

763 -- -- -- W.I. SOLD VOLUME PHASE 11

764 -- -- -- W.I. SOLD VOLUME PHASE 12

765 -- -- -- W.I. SOLD VOLUME PHASE 13

766 -- -- -- W.I. SOLD VOLUME PHASE 14

767 -- -- -- W.I. SOLD VOLUME PHASE 15

* 768 151 WREV(5) -- W.I. TOTAL REVENUE (RESOURCE)

769 -- W.I. TOTAL REVENUE (MANUFATURING)

* 770 169 WINX(6) -- W.I. TOTAL REVENUE AFTER SEV

* 771 176 WOPX(7) -- W.I. TOTAL OPER & AD VALOREM

772 -- -- -- USER DEFINED STREAM

773 -- -- -- USER DEFINED STREAM

774 -- -- -- USER DEFINED STREAM

775 -- -- -- USER DEFINED STREAM

776 -- -- -- USER DEFINED STREAM

777 -- -- -- RESERVED

778 -- -- -- RESERVED

779 -- -- -- RESERVED

C-16 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

780 -- -- -- RESERVED

781 -- -- -- RESERVED

782 -- -- -- RESERVED

783 -- -- -- RESERVED

784 -- -- -- RESERVED

785 -- -- -- RESERVED

786 -- -- -- RESERVED

787 -- -- -- RESERVED

788 -- -- -- RESERVED

789 -- -- -- RESERVED

MONTHLY VALUES - APPRAISED VALUES ( 790 - 1099 )

* 790 -- -- -- APPRAISED CASH NON-TAXABLE NET

791 -- -- -- APPRAISED CASH NON-TAXABLE NET BY WORKING INTEREST

792 -- -- -- APPRAISED CASH NON-TAXABLE NET BY NET INTEREST CRUDE

* 793 -- -- -- APPRAISED TAXABLE, NON-CASH NET

794 -- -- -- APPRAISED TAXABLE, NON-CASH NET BY WORKING INTEREST

795 -- -- -- APPRAISED TAXABLE, NON-CASH NET BY NET INTEREST CRUDE

796 -- -- -- APPRAISED ADDITIONAL RES. INCOME - TAXABLE, NET BY WORKING

INTEREST
797 -- -- -- APPRAISED ADDITIONAL MNF. INCOME - TAXABLE, NET BY WORKING
INTEREST
798 -- -- W/798 APPRAISED ADDITIONAL TAX $

799 -- -- -- RESERVED

800 -- -- -- APPRAISED SCHEDULED OIL

801 -- -- -- APPRAISED SCHEDULED GAS

802 -- -- -- APPRAISED SCHEDULED CND

803 -- -- -- APPRAISED SCHEDULED SGS

804 -- -- -- APPRAISED SCHEDULED NGL

805 -- -- -- APPRAISED SCHEDULED SUL

806 -- -- -- APPRAISED SCHEDULED WTR

807 -- -- -- APPRAISED SCHEDULED PHASE 8

808 -- -- -- APPRAISED SCHEDULED PHASE 9

809 -- -- -- APPRAISED SCHEDULED PHASE 10

810 -- -- -- APPRAISED SCHEDULED PHASE 11

811 -- -- -- APPRAISED SCHEDULED PHASE 12

812 -- -- -- APPRAISED SCHEDULED PHASE 13

813 -- -- -- APPRAISED SCHEDULED PHASE 14

814 -- -- -- APPRAISED SCHEDULED PHASE 15

* 815 180 AVOL(1) -- APPRAISED SOLD VOLUME FOR OIL

* 816 181 : -- APPRAISED SOLD VOLUME FOR GAS

* 817 182 : -- APPRAISED SOLD VOLUME FOR CND

818 183 : -- APPRAISED SOLD VOLUME FOR SGS

819 184 : -- APPRAISED SOLD VOLUME FOR NGL

820 185 : -- APPRAISED SOLD VOLUME FOR SUL

821 186 : -- APPRAISED SOLD VOLUME FOR WTR

822 187 : -- APPRAISED SOLD VOLUME FOR PHASE 8

823 188 AVOL(9) -- APPRAISED SOLD VOLUME FOR PHASE 9

824 -- -- -- APPRAISED SOLD VOLUME FOR PHASE 10

825 -- -- -- APPRAISED SOLD VOLUME FOR PHASE 11

ARIES™ Software Advanced, Release 5000.1.13 C-17

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

826 -- -- -- APPRAISED SOLD VOLUME FOR PHASE 12

827 192 AVOL(13) -- APPRAISED SOLD VOLUME FOR PHASE 13

828 193 : -- APPRAISED SOLD VOLUME FOR PHASE 14

829 194 AVOL(15) -- APPRAISED SOLD VOLUME FOR PHASE 15

830 -- -- -- APPRAISED PROCESSED GAS VOLUME (GATHERING SYSTEM)

831 -- -- -- APPRAISED PROCESSED GAS VOLUME (MNF)

832 -- -- -- RESERVED

833 -- -- -- RESERVED

834 -- -- -- RESERVED

835 -- -- -- RESERVED

836 -- -- -- RESERVED

837 -- -- -- RESERVED

838 -- -- -- RESERVED

839 -- -- -- RESERVED

840 189 AVOL(10) -- RESERVED

841 190 AVOL(11) -- RESERVED

842 191 AVOL(12) -- RESERVED

843 154 VI(154) -- APPRAISED SOLD VOLUME N.A GAS BALANCE

844 155 VI(155) -- APPRAISED SOLD VOLUME SOLUTION GAS BALANCE

845 -- -- -- RESERVED

* 846 195 AREV(1) -- APPRAISED REVENUE FOR OIL

* 847 196 : -- APPRAISED REVENUE FOR GAS

* 848 197 : -- APPRAISED REVENUE FOR CND

849 198 AREV(4) -- APPRAISED REVENUE FOR SGS

850 -- -- -- APPRAISED REVENUE FOR NGL

851 -- -- -- APPRAISED REVENUE FOR SUL

852 -- -- -- APPRAISED REVENUE FOR WTR

853 -- -- -- APPRAISED REVENUE FOR PHASE 8

854 -- -- -- APPRAISED REVENUE FOR PHASE 9

855 -- -- -- APPRAISED REVENUE FOR PHASE 10

856 -- -- -- APPRAISED REVENUE FOR PHASE 11

857 -- -- -- APPRAISED REVENUE FOR PHASE 12

858 -- -- -- APPRAISED REVENUE FOR PHASE 13

859 -- -- -- APPRAISED REVENUE FOR PHASE 14

860 -- -- -- APPRAISED REVENUE FOR PHASE 15

* 861 199 AREV(5) -- APPRAISED TOTAL REVENUE FROM PRODUCTS

862 -- -- -- APPRAISED RESOURCE REVENUE FROM PRODUCTS

863 -- -- -- APPRAISED MANUFACTURING REVENUE FROM PRODUCTS

864 -- -- -- ARRRAISED RESOURCE FACILITY PROFIT

865 -- -- -- APPRAISED MANUFACTURING FACILITY PROFIT

866 -- -- -- APPRAISED PLANT REVENUE

867 -- -- -- APPRAISED RESOURCE FACILITY REVENUE

868 -- -- -- APPRAISED GAS COST ALLOWANCE CREDIT $

869 -- -- -- RESERVED

* 870 -- -- -- APPRAISED TOTAL MANUFACTURING REVENUE

* 871 -- -- -- APPRAISED TOTAL RESOURCE REVENUE

872 200 ASEV(1) -- APPRAISED SEVERANCE FOR OIL

873 201 : -- APPRAISED SEVERANCE FOR GAS

874 202 : -- APPRAISED SEVERANCE FOR CND

875 203 ASEV(4) -- APPRAISED SEVERANCE FOR SGS

C-18 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

876 -- -- -- APPRAISED SEVERANCE FOR NGL

877 -- -- -- APPRAISED SEVERANCE FOR SUL

878 -- -- -- APPRAISED SEVERANCE FOR WTR

879 -- -- -- APPRAISED SEVERANCE FOR PHASE 8

880 -- -- -- APPRAISED SEVERANCE FOR PHASE 9

881 -- -- -- APPRAISED SEVERANCE FOR PHASE 10

882 -- -- -- APPRAISED SEVERANCE FOR PHASE 11

883 -- -- -- APPRAISED SEVERANCE FOR PHASE 12

884 -- -- -- APPRAISED SEVERANCE FOR PHASE 13

885 -- -- -- APPRAISED SEVERANCE FOR PHASE 14

886 -- -- -- APPRAISED SEVERANCE FOR PHASE 15

* 887 204 ASEV(5) -- APPRAISED TOTAL SEVERANCE

888 -- -- -- RESERVED

889 -- -- -- RESERVED

* 890 205 -- -- RESERVED

891 206 -- -- RESERVED

* 892 212 AINC(6) -- APPRAISED TOTAL REVENUE AFTER SEVERANCE

893 -- -- -- USER DEFINED STREAM

894 -- -- -- USER DEFINED STREAM

895 -- -- -- USER DEFINED STREAM

896 -- -- -- USER DEFINED STREAM

897 -- -- -- APPRAISED OIL EFFECTIVE CROWN ROYALTY - BBL

898 -- -- -- APPRAISED GAS EFFECTIVE CROWN ROYALTY - MCF

899 -- -- -- APPRAISED NGL or CND EFFECTIVE CROWN ROYALTY - BBL

900 -- -- -- APPRAISED SGS EFFECTIVE CROWN ROYALTY - MCF

901 -- -- -- APPRAISED WTR EFFECTIVE CROWN ROYALTY - UNIT

902 -- -- -- APPRAISED 6TH EFFECTIVE CROWN ROYALTY - UNIT

903 -- -- -- APPRAISED 7TH EFFECTIVE CROWN ROYALTY - UNIT

904 -- -- -- APPRAISED 8TH EFFECTIVE CROWN ROYALTY - UNIT

905 -- -- -- APPRAISED 9TH EFFECTIVE CROWN ROYALTY - UNIT

906 -- -- -- APPRAISED 10TH EFFECTIVE CROWN ROYALTY - UNIT

907 -- -- -- APPRAISED 11TH EFFECTIVE CROWN ROYALTY - UNIT

908 -- -- -- APPRAISED 12TH EFFECTIVE CROWN ROYALTY - UNIT

909 -- -- -- APPRAISED 13TH EFFECTIVE CROWN ROYALTY - UNIT

910 -- -- -- APPRAISED 14TH EFFECTIVE CROWN ROYALTY - UNIT

911 -- -- -- APPRAISED 15TH EFFECTIVE CROWN ROYALTY - UNIT

* 912 -- -- -- TOTAL APPRAISED EFFECTIVE CROWN ROYALTY - $

* 913 -- -- -- TOTAL APPRAISED CROWN RESOURCE ROYALTY $

* 914 -- -- -- TOTAL APPRAISED ALBERTA ROYALTY ELIGIBLE FOR ARTC - $

915 -- -- -- APPRAISED OIL MINERAL TAX - $

916 -- -- -- APPRAISED GAS MINERAL TAX - $

917 -- -- -- APPRAISED CND MINERAL TAX - $

918 -- -- -- APPRAISED SGS MINERAL TAX - $

919 -- -- -- APPRAISED WTR MINERAL TAX - $

920 -- -- -- APPRAISED NGL MINERAL TAX - $

921 -- -- -- APPRAISED SUL MINERAL TAX - $

922 -- -- -- APPRAISED WTR MINERAL TAX - $

923 -- -- -- APPRAISED 9TH MINERAL TAX - $

924 -- -- -- APPRAISED 10TH MINERAL TAX - $

925 -- -- -- APPRAISED 11TH MINERAL TAX - $

ARIES™ Software Advanced, Release 5000.1.13 C-19

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

926 -- -- -- APPRAISED 12TH MINERAL TAX - $

927 -- -- -- APPRAISED 13TH MINERAL TAX - $

928 -- -- -- APPRAISED 14TH MINERAL TAX - $

929 -- -- -- APPRAISED 15TH MINERAL TAX - $

* 930 -- -- -- TOTAL APPRAISED MINERAL TAX - $

931 -- -- -- TOTAL APPRAISED RESOURCE MINERAL TAX

932 -- -- -- APPRAISED OIL INDIAN ROYALTY - BBL

933 -- -- -- APPRAISED GAS INDIAN ROYALTY - MCF

934 -- -- -- APPRAISED CND INDIAN ROYALTY - BBL

935 -- -- -- APPRAISED SGS INDIAN ROYALTY - MCF

936 -- -- -- APPRAISED NGL INDIAN ROYALTY - UNIT

937 -- -- -- APPRAISED SUL INDIAN ROYALTY - UNIT

938 -- -- -- APPRAISED WTR INDIAN ROYALTY - UNIT

939 -- -- -- APPRAISED 8TH INDIAN ROYALTY - UNIT

940 -- -- -- APPRAISED 9TH INDIAN ROYALTY - UNIT

941 -- -- -- APPRAISED 10TH INDIAN ROYALTY - UNIT

942 -- -- -- APPRAISED 11TH INDIAN ROYALTY - UNIT

943 -- -- -- APPRAISED 12TH INDIAN ROYALTY - UNIT

944 -- -- -- APPRAISED 13TH INDIAN ROYALTY - UNIT

945 -- -- -- APPRAISED 14TH INDIAN ROYALTY - UNIT

946 -- -- -- APPRAISED 15TH INDIAN ROYALTY - UNIT

* 947 -- -- -- TOTAL APPRAISED INDIAN ROYALTY - $

* 948 -- -- -- TOTAL APPRAISED INDIAN RESOURCE ROYALTY $

949 -- -- -- APPRAISED OIL PRODUCTION ROYALTIES PAID - $

950 -- -- -- APPRAISED GAS PRODUCTION ROYALTIES PAID - $

951 -- -- -- APPRAISED CND PRODUCTION ROYALTIES PAID - $

952 -- -- -- APPRAISED SGS PRODUCTION ROYALTIES PAID - $

953 -- -- -- APPRAISED WTR PRODUCTION ROYALTIES PAID - $

954 -- -- -- APPRAISED NGL PRODUCTION ROYALTIES PAID - $

955 -- -- -- APPRAISED SUL PRODUCTION ROYALTIES PAID - $

956 -- -- -- APPRAISED WTR PRODUCTION ROYALTIES PAID - $

957 -- -- -- APPRAISED 9TH PRODUCTION ROYALTIES PAID - $

958 -- -- -- APPRAISED 10TH PRODUCTION ROYALTIES PAID - $

959 -- -- -- APPRAISED 11TH PRODUCTION ROYALTIES PAID - $

960 -- -- -- APPRAISED 12TH PRODUCTION ROYALTIES PAID - $

961 -- -- -- APPRAISED 13TH PRODUCTION ROYALTIES PAID - $

962 -- -- -- APPRAISED 14TH PRODUCTION ROYALTIES PAID - $

963 -- -- -- APPRAISED 15TH PRODUCTION ROYALTIES PAID - $

964 -- -- -- TOTAL APPRAISED PRODUCTION ROYALTIES PAID - $

* 965 -- -- -- TOTAL APPRAISED PRODUCTION ROYALTIES PAID (RES)

966 -- -- -- APPRAISED OIL PRODUCTION ROYALTIES REC - $

967 -- -- -- APPRAISED GAS PRODUCTION ROYALTIES REC - $

968 -- -- -- APPRAISED CND PRODUCTION ROYALTIES REC - $

969 -- -- -- APPRAISED SGS PRODUCTION ROYALTIES REC - $

970 -- -- -- APPRAISED NGL PRODUCTION ROYALTIES REC - $

971 -- -- -- APPRAISED SUL PRODUCTION ROYALTIES REC - $

972 -- -- -- APPRAISED WTR PRODUCTION ROYALTIES REC - $

973 -- -- -- APPRAISED 8TH PRODUCTION ROYALTIES REC - $

974 -- -- -- APPRAISED 9TH PRODUCTION ROYALTIES REC - $

975 -- -- -- APPRAISED 10TH PRODUCTION ROYALTIES REC - $

C-20 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

976 -- -- -- APPRAISED 11TH PRODUCTION ROYALTIES REC - $

977 -- -- -- APPRAISED 12TH PRODUCTION ROYALTIES REC - $

978 -- -- -- APPRAISED 13TH PRODUCTION ROYALTIES REC - $

979 -- -- -- APPRAISED 14TH PRODUCTION ROYALTIES REC - $

980 -- -- -- APPRAISED 15TH PRODUCTION ROYALTIES REC - $

981 -- -- -- TOTAL APPRAISED PRODUCTION ROYALTIES REC - $

* 982 -- -- -- TOTAL APPRAISED PRODUCTION ROYALTIES REC (RES)

983 -- -- -- APPRAISED OIL RESOURCE ROYALTIES PAID - $

984 -- -- -- APPRAISED GAS RESOURCE ROYALTIES PAID - $

985 -- -- -- APPRAISED CND RESOURCE ROYALTIES PAID - $

986 -- -- -- APPRAISED SGS RESOURCE ROYALTIES PAID - $

987 -- -- -- APPRAISED NGL RESOURCE ROYALTIES PAID - $

988 -- -- -- APPRAISED SUL RESOURCE ROYALTIES PAID - $

989 -- -- -- APPRAISED WTR RESOURCE ROYALTIES PAID - $

990 -- -- -- APPRAISED 8TH RESOURCE ROYALTIES PAID - $

991 -- -- -- APPRAISED 9TH RESOURCE ROYALTIES PAID - $

992 -- -- -- APPRAISED 10TH RESOURCE ROYALTIES PAID - $

993 -- -- -- APPRAISED 11TH RESOURCE ROYALTIES PAID - $

994 -- -- -- APPRAISED 12TH RESOURCE ROYALTIES PAID - $

995 -- -- -- APPRAISED 13TH RESOURCE ROYALTIES PAID - $

996 -- -- -- APPRAISED 14TH RESOURCE ROYALTIES PAID - $

997 -- -- -- APPRAISED 15TH RESOURCE ROYALTIES PAID - $

998 -- -- -- TOTAL APPRAISED RESOURCE ROYALTIES PAID - $

* 999 -- -- -- TOTAL APPRAISED RESOURCE ROYALTIES PAID (RES)

1000 -- -- -- APPRAISED OIL RESOURCE ROYALTIES REC - $

1001 -- -- -- APPRAISED GAS RESOURCE ROYALTIES REC - $

1002 -- -- -- APPRAISED NGL or CND RESOURCE ROYALTIES REC - $

1003 -- -- -- APPRAISED SGS RESOURCE ROYALTIES REC - $

1004 -- -- -- APPRAISED NGL RESOURCE ROYALTIES REC - $

1005 -- -- -- APPRAISED SUL RESOURCE ROYALTIES REC - $

1006 -- -- -- APPRAISED WTR RESOURCE ROYALTIES REC - $

1007 -- -- -- APPRAISED 8TH RESOURCE ROYALTIES REC - $

1008 -- -- -- APPRAISED 9TH RESOURCE ROYALTIES REC - $

1009 -- -- -- APPRAISED 10TH RESOURCE ROYALTIES REC - $

1010 -- -- -- APPRAISED 11TH RESOURCE ROYALTIES REC - $

1011 -- -- -- APPRAISED 12TH RESOURCE ROYALTIES REC - $

1012 -- -- -- APPRAISED 13TH RESOURCE ROYALTIES REC - $

1013 -- -- -- APPRAISED 14TH RESOURCE ROYALTIES REC - $

1014 -- -- -- APPRAISED 15TH RESOURCE ROYALTIES REC - $

1015 -- -- -- TOTAL APPRAISED RESOURCE ROYALTIES REC - $

* 1016 -- -- -- TOTAL APPRAISED RESOURCE ROYALTIES REC (RES)

1017 -- -- -- TOTAL APPRAISED NET COMPANY REVENUE

1018 214 AOPX(2) -- APPRAISED OPERATING COST FOR OIL

1019 215 AOPX(3) -- APPRAISED OPERATING COST FOR GAS

1020 -- -- -- APPRAISED OPERATING COST FOR CND

1021 -- -- -- APPRAISED OPERATING COST FOR SGS

1022 -- -- -- APPRAISED OPERATING COST FOR NGL

1023 -- -- -- APPRAISED OPERATING COST FOR SUL

1024 -- -- -- APPRAISED OPERATING COST FOR WTR

1025 -- -- -- APPRAISED OPERATING COST FOR PHASE 8

ARIES™ Software Advanced, Release 5000.1.13 C-21

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1026 -- -- -- APPRAISED OPERATING COST FOR PHASE 9

1027 -- -- -- APPRAISED OPERATING COST FOR PHASE 10

1028 -- -- -- APPRAISED OPERATING COST FOR PHASE 11

1029 -- -- -- APPRAISED OPERATING COST FOR PHASE 12

1030 -- -- -- APPRAISED OPERATING COST FOR PHASE 13

1031 -- -- -- APPRAISED OPERATING COST FOR PHASE 14

1032 -- -- -- APPRAISED OPERATING COST FOR PHASE 15

1033 213 AOPX(1) -- APPRAISED REGULAR OPERATING EXPENSE

1034 216 AOPX(4) -- APPRAISED OIL $/W/M OPERATING EXPENSE

1035 216 AOPX(4) -- APPRAISED GAS $/W/M OPERATING EXPENSE

1036 -- -- -- APPRAISED INJ $/W/M OPERATING EXPENSE

1037 -- -- -- APPRAISED DISP $/W/M OPERATING EXPENSE

1038 -- -- -- APPRAISED OIL + GAS $/W/M OPERATING EXPENSE

1039 -- -- -- APPRAISED LIQUIDS TRANSPORTATION EXPENSE

1040 -- -- -- APPRAISED GAS TRANSPORTATION EXPENSE

1041 -- -- -- APPRAISED COMPRESSION EXPENSE

1042 -- -- -- APPRAISED TREATMENT EXPENSE

1043 -- -- -- APPRAISED GAS PLANT EXPENSE

1044 -- -- -- APPRAISED CROWN COST ALLOWANCE EXPENSE

1045 -- -- -- APPRAISED PROCESSING EXPENSE

1046 -- -- -- APPRAISED WORK OVER EXPENSE

1047 -- -- -- APPRAISED G&A (CASH) EXPENSE

* 1048 247 -- -- APPRAISED OVERHEAD (NON-CASH) EXPENSE

1049 -- -- -- APPRAISED TERTIARY EXPENSE

1050 -- -- -- RESERVED

1051 -- -- -- RESERVED

1052 -- -- -- RESERVED

1053 -- -- -- RESERVED

1054 -- -- -- RESERVED

1055 -- -- -- RESERVED

1056 -- -- -- RESERVED

1057 -- -- -- RESERVED

1058 -- -- -- APPRAISED GATHERING SYSTEM PROCESSING FEE (RES)

1059 -- -- -- APPRAISED GATHERING SYSTEM EXPENSE (RES)

1060 -- -- -- APPRAISED PROCESSING FEE (MNF)

1061 -- -- -- APPRAISED PLANT EXPENSE (MNF)

* 1062 217 AOPX(5) -- APPRAISED TOTAL OPERATING EXPENSES (RES)

1063 -- -- -- APPRAISED TOTAL OPERATING EXPENSES (MNF)

* 1064 218 AOPX(6) -- APPRAISED AD VALOREM TAX

* 1065 219 AOPX(7) -- APPRAISED TOTAL RESOURCE, PLANT, & AD VALOREM OPERATING COSTS

1066 220 ATOT(1) -- TOTAL APPRAISED PROFIT BEFORE NPI

* 1067 221 : -- TOTAL APPRAISED NPI PAID

* 1068 222 ATOT(3) -- TOTAL APPRAISED NPI OWNED

* 1069 223 BTAX BFIT TOTAL APPRAISED BFIT PROFIT AFTER NPI

* 1070 224 VI(224) -- MONTHLY DISCOUNTED VALUES FROM BFIT

1071 -- -- -- RESERVED

1072 -- -- -- RESERVED

1073 -- -- -- RESERVED

1074 -- -- -- RESERVED

1075 -- -- -- RESERVED

C-22 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

* 1076 -- -- EOH RESERVED

1077 230 vi(230) -- RESERVED

1078 -- -- GA/UND-- G&A DOLLARS BASED ON REMAINING UNDEPREC AND UNDEPL INVEST

1079 228 vi(228) -- RESERVED

1080 229 vi(229) -- RESERVED

* 1081 115 -- -- APPRAISED TOTAL TAX CREDITS

1082 -- -- -- USER DEFINED STREAM

1083 -- -- -- USER DEFINED STREAM

1084 -- -- -- USER DEFINED STREAM

1085 -- -- -- USER DEFINED STREAM

1086 -- -- -- USER DEFINED STREAM

1087 -- -- -- USER DEFINED STREAM

1088 -- -- -- USER DEFINED STREAM

1089 -- -- -- USER DEFINED STREAM

1090 152 VI(152) -- RESERVED

1091 155 VI(155) -- RESERVED

1092 156 PSALV SALV SALVAGE REIMBURSEMENT AT PROJECT LIFE

1093 231 PLUG PLUG PLUGGING COSTS AT PROJECT LIFE

1094 232 ABAN ABAN ABANDON. COSTS AT PROJECT LIFE

1095 -- VI(233) -- LOAN CALCULATION STREAM #1

1096 -- VI(234) -- LOAN CALCULATION STREAM #2

1097 -- VI(235) -- LOAN CALCULATION STREAM #3

1098 -- -- -- RESERVED

1099 -- -- -- RESERVED

TIME FRAME STREAMS - COMPOSITED FROM MONTHLY STREAMS ( 1100 - 1350 )

* 1100 236 -- -- BFIT AFTER FINANCING PAYMENTS

* 1101 237 -- -- BFIT AFTER FINANCING PAYMENTS & EQUITY INV

1102 238 VI(238) -- FINANCIAL OPERATING INCOME

1103 -- -- -- RESERVED
1104 -- -- -- RESERVED

1105 241 -- -- RESERVED

* 1106 242 -- -- RESERVED

* 1107 243 -- -- RESERVED

* 1108 244 -- -- RESERVED

* 1109 245 -- -- RESERVED

* 1110 246 -- -- RESERVED

1111 -- ECO(1) -- RESERVED

1112 -- ECO(2) -- RESERVED

1113 -- -- -- RESERVED

1114 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 1

1115 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 2

1116 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 3

1117 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 4

1118 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 5

1119 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 6

1120 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 7

1121 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 8

ARIES™ Software Advanced, Release 5000.1.13 C-23

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1122 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 9

1123 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 10

1124 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 11

1125 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 12

1126 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 13

1127 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 14

1128 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 15

1129 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 16

1130 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 17

1131 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 18

1132 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 19

1133 -- -- -- APPRAISED TANG INVESTMENTS, CATEGORY 20

* 1134 263 -- -- APPRAISED TOTAL FIELD TANG INVESTMENTS

* 1135 -- -- -- APPRAISED TOTAL GATHERING SYSTEM INVESTMENTS

1136 -- -- -- APPRAISED TOTAL MANUFACTURING PLANT INVESTMENTS

1137 -- -- -- APPRAISED FIELD TANGIBLE BALANCE

1138 -- -- -- APPRAISED GATHERING SYSTEM BALANCE

1139 -- -- -- APPRAISED MANUFACTURING PLANT BALANCE

1140 -- -- -- APPRAISED INTANGIBLE BALANCE

1141 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 1

1142 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 2

1143 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 3

1144 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 4

1145 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 5

1146 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 6

1147 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 7

1148 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 8

1149 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 9

1150 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 10

1151 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 11

1152 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 12

1153 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 13

1154 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 14

1155 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 15

1156 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 16

1157 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 17

1158 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 18

1159 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 19

1160 -- -- -- APPRAISED INTANG INVESTMENTS, CATEGORY 20

* 1161 -- -- -- APPRAISED TOTAL INTANG INVESTMENTS

1162 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 1 - NOT IMPLEMENTED

1163 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 2 - NOT IMPLEMENTED

1164 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 3 - NOT IMPLEMENTED

1165 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 4 - NOT IMPLEMENTED

1166 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 5 - NOT IMPLEMENTED

1167 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 6 - NOT IMPLEMENTED

1168 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 7 - NOT IMPLEMENTED

1169 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 8 - NOT IMPLEMENTED

1170 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 9 - NOT IMPLEMENTED

C-24 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1171 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 10 - NOT IMPLE-

MENTED
1172 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 11 - NOT IMPLE-
MENTED
1173 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 12 - NOT IMPLE-
MENTED
1174 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 13 - NOT IMPLE-
MENTED
1175 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 14 - NOT IMPLE-
MENTED
1176 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 15 - NOT IMPLE-
MENTED
1177 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 16 - NOT IMPLE-
MENTED
1178 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 17 - NOT IMPLE-
MENTED
1179 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 18 - NOT IMPLE-
MENTED
1180 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 19 - NOT IMPLE-
MENTED
1181 -- -- -- APPRAISED LSHOLD INVESTMENTS, CATEGORY 20 - NOT IMPLE-
MENTED
* 1182 264 -- -- APPRAISED TOTAL LSHOLD INVESTMENTS

* 1183 252 ACAP(1) -- APPRAISED EQUITY CAPITAL INVESTMENTS

* 1184 253 : -- APPRAISED BORROWED INVESTMENTS

* 1185 254 : -- APPRAISED RISK INVESTMENT AMOUNT

* 1186 255 : -- APPRAISED TOTAL INVESTMENT W/O RISK

* 1187 256 ACAP(5) -- APPRAISED EQUITY & RISK INVESTMENTS

1188 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 1

1189 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 2

1190 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 3

1191 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 4

1192 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 5

1193 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 6

1194 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 7

1195 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 8

1196 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 9

1197 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 10

1198 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 11

1199 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 12

1200 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 13

1201 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 14

1202 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 15

1203 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 16
1204 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 17

1205 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 18

1206 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 19

1207 -- -- -- APPRAISED TANG DEPRECIATION, CATEGORY 20

* 1208 266 -- -- APPRAISED TOTAL TANG DEPRECIATION

1209 -- -- -- APPRAISED TOTAL PLANT DEPRECIATION

1210 -- -- --

1211 -- -- -- APPRAISED TOTAL TERT DEPRECIATION

1212 -- -- -- APPRAISED TOTAL RESOURCE DEPRECIATION

1213 -- -- -- APPRAISED TOTAL MANUFACTURE DEPRECIATION

1214 -- -- -- APPRAISED TOTAL HVY DEPRECIATION

1215 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 1

1216 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 2

1217 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 3

1218 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 4

ARIES™ Software Advanced, Release 5000.1.13 C-25

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1219 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 5

1220 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 6

1221 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 7

1222 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 8

1223 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 9

1224 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 10

1225 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 11

1226 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 12

1227 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 13

1228 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 14

1229 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 15

1230 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 16

1231 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 17

1232 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 18

1233 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 19

1234 -- -- -- APPRAISED INTANG DEPRECIATION, CATEGORY 20

* 1235 -- -- -- APPRAISED TOTAL INTANG DEPRECIATION

* 1236 265 -- -- APPRAISED EXPENSED INVESTMENT

1237 -- -- -- RESERVED

1238 -- -- -- RESERVED

1239 -- -- -- RESERVED

1240 -- -- -- RESERVED

1241 -- -- -- RESERVED

1242 -- -- -- RESERVED

1243 -- -- -- RESERVED

1244 -- -- -- RESERVED

1245 -- -- -- RESERVED

1246 -- -- -- RESERVED

1247 -- -- -- RESERVED

1248 -- -- -- RESERVED

1249 -- -- -- RESERVED

1250 -- -- -- RESERVED

1251 -- -- -- RESERVED

1252 -- -- -- RESERVED

1253 -- -- -- RESERVED
1254 -- -- -- RESERVED

1255 -- -- -- RESERVED

1256 -- -- -- RESERVED

* 1257 -- -- -- APPRAISED COST DEPLETION

1258 -- : -- RESERVED

1259 -- : -- RESERVED

1260 -- : -- RESERVED

* 1261 267 : -- NET FOR PERCENTAGE DEPLETION

* 1262 268 : -- GROSS FOR PERCENTAGE DEPLETION

* 1263 269 : -- DEPLETION TAKEN

* 1264 270 : -- TAXABLE INCOME

* 1265 271 : -- FEDERAL TAX

* 1266 272 : -- INVESTMENT TAX CREDIT

1267 -- FED(11) -- OTHER TAX CREDIT

* 1268 -- -- -- STATE/PROVINCE TAX

C-26 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

* 1269 273 -- -- TOTAL TAX PAID

* 1270 274 ATAX(1) -- AFIT NET BEFORE FINANCING PAYMENTS

1271 -- -- -- DEPRECIABLE INVESTMENTS - BOOK

1272 -- -- -- DEPLETABLE INVESTMENTS - BOOK

1273 -- -- -- EXPENSED INVESTMENTS - BOOK

1274 -- -- -- DEPRECIATION - BOOK

1275 -- -- -- NET FOR PERCENTAGE DEPLETION - BOOK

1276 -- -- -- GROSS FOR PERCENTAGE DEPLETION - BOOK

1277 -- -- -- DEPLETION TAKEN - BOOK

1278 -- -- -- TAXABLE INCOME - BFIT BOOK

1279 -- -- -- FEDERAL TAX - BOOK

1280 -- -- -- INVESTMENT TAX CREDIT - BOOK

1281 -- -- -- OTHER TAX CREDIT - BOOK

1282 -- -- -- STATE/PROVINCE TAX - BOOK

1283 -- -- -- TOTAL TAX PAID - BOOK

1284 -- -- -- AFIT NET BEFORE FINANCING PAYMENTS - BOOK

1285 -- -- -- DEFERRED TAX

1286 -- -- -- MANUFACTURING TAXABLE INCOME(FED)

1287 -- -- -- MANUFACTURING TAXABLE INCOME(PROV)

* 1288 -- -- -- RESOURCE TAXABLE INCOME(FED)

* 1289 -- -- -- RESOURCE TAXABLE INCOME(PROV)

* 1290 -- -- -- FEDERAL RESOURCE ALLOWANCE

1291 -- -- -- FEDERAL RESOURCE ALLOWANCE INCOME

1292 -- -- -- BRANCH TAX

1293 -- -- -- PROVINCIAL REBATE

1294 -- -- -- FEDERAL CAPITAL TAX

* 1295 -- -- -- ARTC

1296 -- -- -- CROWN ROYALTIES ELIGIBLE FOR ARTC

1297 -- -- -- RESERVED

1298 -- -- -- RESERVED

1299 -- -- -- RESERVED

1300 -- -- -- RESERVED

* 1301 257 ALOAN(1) -- PRINCIPAL PAYMENTS

* 1302 258 : -- INTEREST PAID

* 1303 259 : -- INTEREST CAPITALIZED

1304 260 vi(260) -- SUNK COSTS

1305 261 SALV -- SALVAGE

1306 262 ABDN -- ABANDONMENT

* 1307 277 ANX(1) -- AFIT AFTER FINANCING PAYMENTS

* 1308 278 ANX(2) -- AFIT AFTER FINANCING PAYMENTS & EQUITY INV

1309 -- -- -- AFIT AFTER FINANCING PAYMENTS - BOOK

1310 -- -- -- AFIT AFTER FINANCING & EQUITY INV - BOOK

1311 -- VI(279) -- RESERVED

1312 -- -- -- RESERVED

1313 -- -- -- RESERVED

* 1314 280 PW(1) -- P.W. OF BFIT AFTER FINANCING PAYMENTS

* 1315 281 : -- P.W. OF AFIT AFTER FINANCING PAYMENTS

* 1316 282 : -- P.W. OF INVESTMENTS

* 1317 283 : -- P.W. OF BFIT NET

* 1318 284 PW(5) -- P.W. OF AFIT NET

ARIES™ Software Advanced, Release 5000.1.13 C-27

Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1319 -- -- -- P.W. OF AFIT AFTER FINANCING PAYMENTS - BOOK

1320 -- -- -- P.W. OF AFIT NET - BOOK

1321 -- -- -- RESERVED

1322 -- -- -- RESERVED

1323 -- -- -- REMAINING BFIT NET P.W.

1324 -- -- -- REMAINING AFIT NET P.W.

1325 -- -- -- REMAINING BOOK NET P.W.

1326 -- -- -- P.W. OF BFIT AFTER FINANCING PAYMENTS REAL $

1327 -- -- -- P.W. OF AFIT AFTER FINANCING PAYMENTS REAL $

1328 -- -- -- P.W. OF BFIT NET REAL $

1329 -- -- -- P.W. OF AFIT NET REAL $

1330 -- -- -- P.W. OF INVESTMENTS REAL $

1331 -- -- -- REAL $ DEFLATOR FACTORS

1332 -- -- -- USER DEFINED STREAM

1333 -- -- -- USER DEFINED STREAM

1334 -- -- -- USER DEFINED STREAM

1335 -- -- -- USER DEFINED STREAM

1336 -- -- -- USER DEFINED STREAM

1337 -- -- -- USER DEFINED STREAM

1338 -- -- -- USER DEFINED STREAM

1339 -- -- -- USER DEFINED STREAM

1340 -- -- -- USER DEFINED STREAM

1341 -- -- -- USER DEFINED STREAM

1342 -- -- -- USER DEFINED STREAM

1343 -- -- -- RESERVED

1344 -- -- -- RESERVED

1345 -- -- -- RESERVED

1346 -- -- -- RESERVED

1347 -- -- -- RESERVED

1348 -- -- -- RESERVED

1349 -- -- -- RESERVED

1350

1351

1352 Proved reserves for Book economics

1353 Probable reserves for Book economics

1354 REMAINING DEVELOP, TOTAL PROVED, & PROBABLE RESERVES

1355 REMAINING PROVED, TOTAL PROVED AND PROBABLE RESERVES

1356 SUM OF BOOK PROBABLE DEPREC. INVEST.

1357 SUM OF BOOK PROBABLE DEPLT. INVESTMENTS

1358 SUM OF CASES PROBABLE EXPENSE INVEST.

1359

1360

1361 NET BOE (BOOK)

1362 REMAINING UNDEPRECIATED INVESTMENT (BOOK)

1363 REMAINING UNDEVELOPED INVESTMENT (BOOK)

1364 GA/UND G&A ALLOCATION FACTOR

1365 DEPR LIST MODE REGULAR DEPRECIATION

1366 AMTDEP LIST MODE ALTERNATE MIN. TAX DEPREC.

1367 DEPL LIST MODE DEPLETION

1368 ANNUAL AMOUNT ACCRUED

C-28 ARIES™ Software Advanced, Release 5000.1.13

 Appendix C: Description of 1500 Streams

Auto Inc Windows DOS DOS WINDOWS

Streams (*) Stream # STREAM # KEYWORD KEYWORD DESCRIPTION

1369

1370

1371

1372

1373

1374

1375

1376 SALVAGE VALUE AT BEGINNING OF EACH TIME FRAME

1377 PLUG VALUE AT BEGINNING OF EACH TIME FRAME

1378 ABANDON VALUE AT BEGINNING OF EACH TIME FRAME

1379 RESERVED

1380 DEPL. CALC FROM MISC SECTION

1381 DEPR LIST MODE DEPRECIATION EXPENSES

1382 AMTDEPR LIST MODE AMT DEPREDC

1383 DEPL LIST MODE DEPLETION

1384 IDCDEPR LIST MODE IDC DEPRECIATION

1385 - 1500 -- -- -- RESERVED

ARIES™ Software Advanced, Release 5000.1.13 C-29

Appendix C: Description of 1500 Streams

C-30 ARIES™ Software Advanced, Release 5000.1.13