Real‑Time KPIs Beat Month‑Late Reports

Run the business on today’s truth: detect, decide, and repair before the loss piles up

If you wait 30–60 days to see what happened, you’re managing the past. High‑performing operators use daily trending and exception views to make small corrections fast—protecting uptime, margins, and safety.

Three KPI lanes that matter

  1. Reliability (MTBF/MTTR, exception counts): trend failures and shorten the repair loop.
  2. Production (variance to type‑curve, drawdown, lift efficiency): catch anomalies early.
  3. Financial (barrels per employee, spend to plan, approval latency): scale wisely and fund what’s working.

Why this works

  • Reliability programs anchored in digital monitoring and analytics reduce unplanned downtime and unlock material value.
  • Digital operating models help leaders cut costs, boost output, and align the org around measurable outcomes.

Make it visible, then habitual

  • One daily operating view on the wall—field to finance.
  • 15‑minute stand‑ups: review exceptions, assign owners, set due dates.
  • Close the loop: verify fixes and codify the win so it scales.

Final thought

Real‑time is not a gadget—it’s a governance. When people meet on the same facts, decisions get sharper and repairs get faster.

Explore these themes in our discussion with Robert Wichert on the Wisdom at the Wellhead YouTube channel here - https://youtu.be/wTEYnWUMbBg