A well ranking is a starting point, not a diagnosis

A well ranking is a starting point, not a diagnosis

In this articleRank for a decisionCheck the comparison populationInvestigate one exception completelyReturn a usable conclusionA well ranking helps you choose where to investigate. It does not explain why an asset sits at the top or bottom. The next step is to examine...
Why cost per BOE can rise when spending stays flat

Why cost per BOE can rise when spending stays flat

In this articleDefine the measure before comparing itSeparate the two movementsCheck whether the periods are comparablePresent the ratio with its ingredientsCost per BOE can rise even when operating spending is unchanged. The ratio has two moving parts: the cost...
LOE is rising. Is the cost changing, or the comparison?

LOE is rising. Is the cost changing, or the comparison?

In this articleHold the comparison steadyFind the category behind the totalUse a simple dollar bridgeLeave with an explanation, not an accusationHigher lease operating expense deserves a closer look. It does not, by itself, tell you what changed. The first task is to...