What is an EDI 625 Well Information?
EDI 625 transaction set is used for the following purposes:
- To enable the exchanges related to engineering, environmental and geological information, which are well activities of non-financial nature
- To transfer information between industry trading partners regarding joint venture well activities
- To exchange information between private industry and government agencies
It should be noted that this EDI document shall not be used to transfer financial information, including costs associated with well activities or payment information pertaining to regulatory royalty.
The data contents and format of EDI 625 Well Information are used for the electronic interchange of information. EDI 625 is divided into various segments and data elements.
Workflow for the Exchange of an EDI 625 Well Information
EDI 625 falls under the category of X12M Supply Chain transaction set. This EDI document is exchanged between trade partners, government agencies, and private industry entities involved in well activities. It is used to relay information related to the engineering, geological, and environmental aspects of a well; not to exchange financial information.
Stay EDI Compliant with EDIConnect
With a built-in message parser, validator, and transaction builder, EDIConnect can handle transaction sets in X12, EDIFACT, and HL7 formats. This helps businesses easily exchange EDI documents with their trading partners, allowing them to stay EDI compliant. Using EDIConnect, users can automate file uploads and downloads, create workflows, and transform files into the required format to streamline the process.