LICENSEWARE
IFS Metric

Active Well Count

Catalog row in Vendor License Metrics · Cited

Unit
Well completion
Definition
IFS Product Terms, IFS Energy & Resources glossary: "Active Well Count means the number of completions processed by the Software or are subject to processing in any month."
Counting rules
Certified annually by an officer of the customer; moving into a higher completion count tier is invoiced at then-current standard fees.
Floors / minimums
Tiers on the Order Form.
Applies to products
  • IFS Energy & Resources Merrick
  • Operational Intelligence
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