The Production Manager component of the Phoenix Reserves system is used to assign both the primary product actual production and production forecasts of single wells or groups and any related by-product forecasts. The production forecast may be derived from a posted decline analysis, or a manually posted forecast that was defined by the user. A separate tab is used enter actual injection volumes and injection forecasts.

A remote cross-references function allows you to enter mapping and allocation information for remote information sources. Once setup, a remote import transaction can be invoked to automatically update production and deplete reserves.

Production can be entered based on total interest or on net, depending on which option you choose, as monthly or annual volumes. The working and net interests, for any given month, entered in the Interest Manager module is used to calculate the missing total, or net production volumes.

During the current year a combination of actual and estimated production and/or injection volumes will be used to derive the annual net production for depleting reserves. All actual production updates will automatically replace the estimated volume. Changes to production and/or injection to any month prior to the current year will automatically generate a system reserve revision in the current period.