Energy distribution through pipeline infrastructure plays a critical role in the energy security and economic growth of a country. Our #TrendOfTheWeek examines key energy-producing countries across various regions that prioritize gas pipeline infrastructure as a primary means of energy distribution. This analysis underscores the capacity of these countries to respond to evolving local and global...Read More
Imagine you’re trying to navigate through a thick fog with only a basic map. The fog represents the uncertainty and lack of clear information in the oil and gas industry. Now, picture global data benchmarking as a powerful, high-definition radar system that cuts through the fog. Just as the radar reveals obstacles and clear paths,...Read More
[Edinburgh, 24/01/2024] – Belltree, a global software and service provider within the energy sector, has joined NECCUS in a strategic alliance to help accelerate the energy transition in Scotland and beyond. Belltree brings expertise in asset performance benchmarking and the development of innovative tools to drive the energy transition. The collaboration between NECCUS and Belltree...Read More
What’s all the fuzz about AI?, Could we trust software technologies within the Energy Sector? Will the #Upstream Industry transform with the advancement of technology? The Oil and Gas sector has been particularly conservative in adopting artificial intelligence, however, many new technologies have emerged as game changers in the industry. Why? because AI powered software...Read More
I believe that Belltree Group’s collaborative and inclusive work environment with a focus on realizing reserves potential, reducing risks and saving time, making informed commercial decisions, maximising returns and driving change will help me to continuously learn and expand my knowledge and skill set and further develop my personality. Read More
Reading time: 1 min. Brief: Our Client required a model to enable #forecasting of #field recoveries from planned #redevelopment. ☑ • Belltree #Advisory team developed fully history matched material balance model for two complex #onshore water-flooded fields.✔• #bMark™ Recovery Factor (RF%) benchmarking assessed if recoveries from the material balance models were reasonable vs analogues ✔• Ultimately, Results were found to be on trend with a number...Read More
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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