Seven Lakes Technologies - Solution Details

LOS Analytics

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

Key Capabilities Benefits Integrated Systems

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

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

See cash flow by well

Drill down to act on invoices