ProductsAccounting Well Profitability Analytics

Well Profitability Analytics

Identify Marginal Wells. Optimize your operations. Improve Profits.

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$3M

Est. savings for a leading mid size E&P

>90%

time reduction in Monitoring, Reporting and Business Analysis

production analytics

“What can be accomplished with a click of a button on a single well would take a tech 2-3 hours to pull and organize and that assumes that you understand all the systems. Another major advantage is that it does not require much training at all beyond the selection process. The value in this goes well beyond time saved as the decisions made to help increase oil / gas production and reduce costs will be significant.” - Production Manager, Leading E&P

“Giving the technical and field staff the ability to look at information from 4+ systems at once in an organized format on both a gross and net basis for any selected period of time is a major time saver and will help us make much better decisions as well as provide focus on where it matters the most” - Production Manager, Leading E&P

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Identify the top and bottom performing wells on multiple metrics such as production and downtime and take decisive action to improve bottom-line and profitability

Seven Lakes’ Well Profitability dashboard brings together data from disparate business systems such as Production and Accounting, so that business users can identify marginal wells easily – an exercise which used to take weeks can now be performed in minutes.

Mobile Profitability dashboard

BUSINESS BENEFITS

  • Enables quick and accurate Well Reviews
  • Allows easy prioritization of wells for CapEx/OpEx spends

Features

  • Slice and dice profitability metrics for deep-dive analysis (by product or financial metrics)
  • Drill down to properties of interest with a single click
Timeline

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