Case Study: Accolade achieves real-time cost visibility and accountability with Seven Lakes Technologies

Fueling Growth Through Insights

Accolade, an oil & gas operator focused on the Permian Basin that grew rapidly from roughly 500 to over 5,500 wells, needed real‑time, invoice‑level visibility to support a culture of accountability and field innovation. Their legacy ERP and reporting processes produced data disconnects and multi‑month delays (manual ACCESS queries, third‑party image transfers and slow posting) that prevented engineers from monitoring costs, production and profitability — so Accolade engaged Seven Lakes Technologies and its analytics solutions (Profitability, Production and LOS analytics) to address the issue.

Seven Lakes Technologies deployed its analytics platform in an eight‑week implementation, delivering live dashboards and invoice‑level drill downs so everyone had the same real‑time data. The solution cut research time (about one hour saved per engineer per day), improved data accuracy, enabled quicker, more informed operational and economic decisions, increased accountability across well owners, helped catch overcharges and miscodes, and contributed to a reported 5–10% downward trend in cost codes.

Accolade

Jim Dobson

Lead Financial Analyst