Day

January 12, 2023

bMark™ was Applied to Benchmark Seven Fields, Discover More

The fields in question form a cluster of seven mature offshore fields. First developed in the 1980’s the cluster was approaching the end of its current reserve life after producing over 1Bnbbl historically. The Joint Venture devised a redevelopment plan to significantly boost the recoveries from the Block and wished to sense-check their forecasts against...
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Technical assurance given at Final Investment Decision

Greenfield oil development offshore Mexico; 1500MMstb in place

  • bMark™ helped identify twelve (12) key producing analogues, in the Gulf of Mexico.
  • Data analytics & benchmarking performed on the reservoir data. Production profiles, recovery factor forecasts & development plan supporting the FID case
  • Insights supported the FID mid-case plan & forecasts, whilst also provided guidance on areas for further modelling & sensitivity analysis.

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