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
Cash Flow
Invoice Drilldown
webmaster
September 17, 2019 
