Canvas

The canvas contains calculation modules and calculation phases used by the regime, and allows you to build a calculation sequence using modules from the module library. Modules are represented by colored rectangles and phases by vertical lines, and are organized by dragging and dropping. For more information on working with modules and phases see Create a module and Calculation Phases.

Canvas

There is a color-coding convention for modules which is used in the regimes that are provided by Quorum Software:

Color RGB color code Used for modules
  93d77e Liquids (oil): production, royalty, cost recovery, profit oil
  f6707b Gas: production, royalty, cost recovery, profit oil
  a9bdff Production; Revenue: Total production, other revenue
  ffc87b Costs: capital, opcosts, bonuses, abandonment, carry
  999f9f Subsidiary calculations: abandonment provision, economic limit, depreciation
  dcdcdc Preparation modules: overlay modules that precede standard modules such as Cost Recovery, BTCF and Corporate Tax
  72aafe Tax: corporate tax, special taxes, VAT
  fff373 Overlays: Cash flow, entitlement, reporting
  918fea Other: DMO, Duties, Participation, Local Taxes

Generally, the canvas will contain a mixture of standard modules (those used by all or many regimes) and regime-specific modules (those unique to the regime or country). To add a module to a regime, drag the module from the Modules library on the right and drop it onto the canvas in the desired position. The canvas view can be enlarged by clicking the collapse/expand buttons to collapse the Settings and Search Module panels.

While dragging a module, a red line will appear to indicate where the module will be inserted. The position of each module is critical as it dictates the calculation sequence.

The blue vertical lines mark the calculation phases, which divide the calculation sequence into sections. Calculations are completed for all periods and all modules in each phase, before 'crossing the line' and starting the next phase.

By default, regimes have three phases, although you can add more. For more information see Calculation Phases.