Upstream+ video explainer
Review a Lease Operating Statement with Upstream+
A practical LOS review: confirm property, period and scope, separate financial movements, and follow related detail in Upstream+.
Real application views with fictional demonstration data.
Read the video transcript
How do you review a Lease Operating Statement? Start with the property, the period and the ownership basis. Confirm what is included before comparing figures. Then separate revenue, Lease Operating Expense and capital costs. Follow the account detail behind a variance. A change is a question to investigate, not an automatic explanation. Upstream+ is a SaaS-based tool that works alongside existing software. Its views, analysis and drill-down help you examine well economics using your existing data. Bring the underlying detail into the conversation, then let your team decide the next step.
How should a lease operating statement review begin?
Confirm the property, period and analysis scope, then separate revenue, operating expense and capital movements. Follow the related detail before deciding what a variance means.
Video transcript
How do you review a Lease Operating Statement? Start with the property, the period and the ownership basis. Confirm what is included before comparing figures. Then separate revenue, Lease Operating Expense and capital costs. Follow the account detail behind a variance. A change is a question to investigate, not an automatic explanation. Upstream+ is a SaaS based tool that works alongside existing software. Its views, analysis and drill down help you examine well economics using your existing data. Bring the underlying detail into the conversation, then let your team decide the next step.
Bring your operating question.
Choose a property, period or budget review and see the relevant workflow in a focused demonstration.