The downstream sector of the oil and gas industry is a complex, high-volume, and often volatile world. It's where crude oil is transformed into the products that power our lives—gasoline, diesel, jet fuel, and more—and delivered to the end consumer. For any refining and marketing business, mastering the financial plan, specifically the Profit & Loss […]
In the Oil & Gas industry, multi-million-dollar drilling rigs and complex completion designs often steal the headlines. But the long-term profitability of any well is determined not just by how much it produces, but by how efficiently it operates day after day. This is where Lease Operating Expense (LOE) comes in. LOE is one of […]
