Challenge: The client, an operator in Indonesia, had a portfolio of over 77 hydrocarbon assets and sought an independent review of a substantial portion of their reserves portfolio. Solution: bMark™, a leading software solution for maximising reserves, was utilised to carry out reference class forecasting via analogue benchmarking, highlighting uplift potential from ongoing development of the fields. Leveraging bMark™ global...Read More
Explorers Case Study
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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