operational reporting

Operational Reporting

Aclaro’s petroLook application can provide comprehensive Operational Reporting

A petroLook-based Operational Reporting solution allows the Office and the Field to:

1. Create a single source for budgets, reforecasts, daily estimates, and actuals for:
   1. Production
   2. Operating Cost
   3. Capital
   4. Other key parameters
2. Analyze daily production estimates – and quickly find out of range variances and potential issues
3. Compare daily estimates to budgeted production – identifying areas of concern while there’s still an opportunity to take corrective action
4. Bring in shrinkage, yield, interest, surface loss, royalty, and price figures from accounting and other systems to estimate sales rates/volumes and revenue from daily production estimates
5. Analyze AFE spending and compare to Budget and pre-AFE estimates
6. Analyze operating cost and LOE expenditures at the account and/or subtotal level and compare those to the operating cost budget (created in petroLook or externally)
7. Calculate and track key performance indicators
8. Create and analyze Lease Operating Reports
9. Generate any required analysis and reporting – both for internal needs and for regulatory reporting
10. Control access to the information and functionality of the system

If you’re interested in learning more, contact us for additional information, case studies, and to set up a demo – sales@aclaro.com