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First review

Plan your first portfolio review.

Define the producing-well population, the production evidence already available, and the first engineering decision the review must support. This is a focused pilot-scoping journey, not self-serve account registration.

Pilot-start journey

From source files to the first review boundary.

  1. 01

    Define the asset boundary

    Name the well population, operating area, and decision question for the first review.

  2. 02

    Bring the starting evidence

    Use the production history and operating context already available. Missing evidence becomes a visible validation task.

  3. 03

    Agree assumptions and gates

    Keep price, cost, intervention, decline, and evidence assumptions visible and operator-owned.

  4. 04

    Confirm the first output

    Align on the governed asset state, qualified signals, required validation, and accountable next-action owners.

What to bring

Enough to establish production truth.

Required to begin

  • Well list
  • Monthly oil, water, and gas by well
  • Producing days or an active-day proxy
  • Basic well status, if available
  • Oil price and cost assumptions
  • Intervention cost assumptions or ranges

Useful when available

  • Uptime and downtime tags
  • Field notes and service tickets
  • Lift, choke, and restart context
  • Prior workover or intervention history
  • Pressure, injection, and surveillance evidence
  • Facility and surface constraints

First scope output

A data-quality view, reviewed wells, preliminary economics, a ranked action backlog, and the required validation list.

Next step

Use this checklist to frame the first scope conversation.

The pilot can begin once the asset boundary, starting evidence, assumptions, and first decision output are explicit.