LOS Analytics

Equip your operations team with detailed insights into Lease Operating Statement (LOS) expenditures to optimize your OPEX costs

  • Drill down to view expenses at the cost center or asset level; view actual images of vendor invoices
  • Audit invoices for situations such as incorrect allocation to properties, duplicate invoices and miscoding
  • Visualize a snapshot of highest LOE expense categories, and reduce expenses by impact level
  • Identify best-performing and worst-performing wells based on operating margin, lifting cost or expenses
  • Trend historical costs to determine which properties to maintain
  • Monitor LOE at multiple hierarchical levels
  • Track budget and actuals to enable cost planning
  • Prioritize low-performance leases for cost savings action to drive down inefficient LOE categories
  • Improve forecasting, planning and sensitivity analysis
  • Accounting/ERP
  • Document management

Category Sort

Equip the field to track top LOE categories for targeted reduction initiatives

Cash Flow

See cash flow by well

Invoice Drilldown

Drill down to act on invoices