From Volume to Value: Optimizing Daily Cashflow in the Modern Oilfield (Webinar) | Casey Patterson | Empirical Energy | Ep 118
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From Volume to Value: Optimizing Daily Cashflow in the Modern Oilfield
In this webinar episode of The Empirical Energy Podcast, host Mark Smith is joined by Casey Patterson, Co-Founder of Avenirre, for a deep dive into how upstream oil & gas operators are shifting from volume-based decision-making to daily, well-level cash flow optimization.
As market pressure increases and margins tighten, traditional volumetric metrics are no longer enough. This conversation explores how forward-looking economics, real-time data, and financial visibility at the well level are changing how modern operators manage production, expenses, and profitability.
🔍 What You’ll Learn in This Episode:• Why barrels alone don’t equal profitability • How daily cash flow reporting outperforms lagging, month-end data • The hidden risks of the unit fallacy and uneconomic wells • How operators uncover recurring cash flow leaks • The role of real-time pricing, forecasting, LOE visibility, and reserves • Why forward-looking analytics beat rear-view reporting • How Avenirre’s platform is implemented—and why customers see impact fast
This episode is especially valuable for: ✔️ Upstream operators ✔️ Production & reservoir engineers ✔️ Energy finance and asset management teams ✔️ Digital oilfield and energy technology leaders
⏱️ Episode Chapters:00:00 Introduction to The Empirical Energy Podcast 00:50 The Shift in Energy Metrics 02:27 Optimizing Cash Flow in Energy Companies 04:16 Daily Economic Reporting & Automation 07:27 Case Studies & Real-World Applications 12:16 Implementation & Customer Success 17:00 Live Q&A with Mark Smith & Casey Patterson 22:26 Challenges in Adopting Avenirre 23:22 Data Migration Process 23:49 Morning Reports & Multidisciplinary Use 25:57 Unique Platform Features 26:51 Customer Support & Success Model 27:33 Integration & Cost Efficiency 30:13 Real-Time Data & Dashboard Fatigue 36:57 Cash Flow Management & Reserve Reports 40:57 Conclusion & Next Steps
🎧 Subscribe to The Empirical Energy Podcast for more conversations on verified energy, digital oilfield innovation, and real-world solutions shaping the future of oil & gas. 👍 If this episode helped you, like, comment, and share it with your team.