---
title: "VERDAZO Diagnostic Workflows: Production Performance"
description: "Explore how diagnostic workflows can optimize oil and gas operations, focusing on production, financial performance, and forecasting. Learn the key steps: Identify & Prioritize, Inform & Assess, and Investigate, with practical examples from production performance."
image: https://info.omnirasoftware.com/hubfs/2024%20Blogs/VERDAZO%20Performance%20to%20Plan%20Graphic.png
---

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# VERDAZO Diagnostic Workflows: Production Performance

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What oil and gas producer doesn’t want to be **efficient**, to “*achieve maximum productivity with minimum wasted effort or expense*”? In fact, in an effort to survive a market of unpredictable oil and gas prices, efficiency is on the mind of most VERDAZO users. That’s why we have been equipping them with “**diagnostic workflows**”.

Diagnostic workflows allow people to identify, prioritize, assess and investigate the greatest opportunities to optimize … in just seconds. The three main areas where our clients have deployed diagnostic workflows will be the focus of this blog series:

1. **Production performance** **-->** reduce downtime and identify reoccurring patterns
2. **Financial performance** **-->** optimize netback and minimize operating expenses
3. **Performance to forecast** **-->** ensure cash flow is there to support upcoming activities and avoid potential reserve write-downs

A diagnostic workflow can be applied to any optimization effort. The structure of the workflow is quite simple and relies on charts and/or reports that fulfill each of these steps in order:

1. **Identify & Prioritize** 
     - What are the biggest opportunities?
     - Which opportunities have the greatest impact?
2. **Inform & Assess** 
     - What is the cause?
     - Can I do anything about this?
3. **Investigate** 
     - Support decisions and actions with the necessary detail

To illustrate the concept I’ll walk you through these three steps as they pertain to a **Production Performance Diagnostic Workflow.**

**1. Identify and Prioritize**

![](https://info.omnirasoftware.com/hs-fs/hubfs/image-png-Jun-17-2024-09-40-50-0502-PM.png?width=1008&height=554&name=image-png-Jun-17-2024-09-40-50-0502-PM.png)

This chart shows:

- - The Diagnostic Measure (on the y-axis) is [Lost Production (which is described in a previous blog)](https://info.omnirasoftware.com/omnira-insights/lost-production-not-all-downtime-is-created-equal).
    - The Contextual Measure is Capability, that is the production rate I should expect from the well on days when it produces for 24 hours
    - The wells have been Categorized by the Last Downtime Reason to help identify the greatest opportunities
    - We will select the well with a Broken Rod that has the highest Lost Production and launch our next chart to “Inform and Assess". 

**2. Inform and Assess**

![](https://info.omnirasoftware.com/hs-fs/hubfs/image-png-Jun-17-2024-08-59-33-7349-PM.png?width=975&height=543&name=image-png-Jun-17-2024-08-59-33-7349-PM.png)

This chart shows that the Lost Production due to Broken Rods has occurred twice in the last month. Further investigation is required.

 

**3. Investigate**

![](https://info.omnirasoftware.com/hs-fs/hubfs/image-png-Jun-17-2024-08-59-52-4431-PM.png?width=975&height=521&name=image-png-Jun-17-2024-08-59-52-4431-PM.png)

This chart provides supporting details to better understand the issue before making an informed decision about what actions to take

Our next blog will focus on a Financial Performance Diagnostic Workflow.

 

 

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