Profit and Loss Center

Profit and loss information for producing assets can be difficult for engineers and managers to access. The Profit and Loss Center was developed to provide employees outside accounting department with easy access to lease operating information.

Report and charting accounting capabilities are available to all approved users. With the click of a button users can produce Lease Operating Statements by accounting or service date.

The P&L Center creates a profit and loss report for any well, lease, field, district or region desired by directly linking the events that occur during producing operations with the costs associated with those events.

Lease Operating Statements (LOS) are crucial in making the right decisions and evaluating operating performance. Instead of placing additional burdens on already over-worked accounting departments, LOS information can now be accessed by users directly on their desktops.

Click to Enlarge "Lease Operating Statement Graphs"