Explore our interactive world map to discover our global services and completed projects. Hover over any dot to learn about our distinct contributions in each region. Uncover our achievements and innovative solutions across Europe, the North Sea, the Middle East, Africa, the Americas, Asia, and Australia. This map serves as your gateway to understanding our impact and success in the energy sector.
Dot icons do not represent the exact location of the fields or projects
Learn more about bMark™
Greenfield oil development offshore Mexico; 1500MMstb in place
This will close in 0 seconds
This will close in 0 seconds
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Type of Project: Portfolio Benchmarking
Aims: A significant mid-tier Operator sought independent review of a substantial proportion of their reserves portfolio. The project’s main aim was to highlight areas of the portfolio with significant remaining potential in order to internally allocate resources to maximise company-wide profits.
Outcomes: The project provided defendable reserves assurance and empirically compared each asset not only to their peers, but also within the portfolio. Ranking was used to highlight areas of the portfolio which were under-performing. This confirmed the client’s internal assessment, as well as highlighted several additional areas where applied resource could result in increased reserves.
bMark™ Functionality: bMark™ was used to benchmark several development metrics (RF, well count and peak rates) across the whole portfolio, creating a consistent and data driven base for comparison.
Type of Project: Benchmarking
Aims: The client, after completion of a successful drilling campaign, was working towards submission of Final Investment Decision for an oil-gas-condensate discovery, offshore Asia. Fundamental questions on data assumptions, recovery factor prediction and development parameters required independent review to ensure optimal strategy selection at this early phase of field life.
Outcomes: A subsurface analogue screening study and benchmarking exercise was carried out on two distinctive blocks within the asset. Findings were used to re-affirm project viability and strengthen evidence in progression to FID.
Development and production forecast insights were used to highlight optimism in gas exportation targets, stimulating further internal investigation to ensure commercial constraints were achievable.
bMark™ Functionality: bMark™ was used to carry out analogue identification and benchmarking to provide independent review on proposed development plans.
Type of Project: Benchmarking
Aims: The client requested Belltree leverage our unique global data and expertise in benchmarking to help them better understand the production and reserves potential of undrilled prospects in the Offshore Suriname Basin.
Outcomes: A comprehensive investigation of 9 Atlantic margin basins was completed, providing valuable insight for the variable assets expected in the study Basin. Identification of basins, and specific analogue fields, provided ranges of expected field & fluid properties along with performance metrics, such as expected recovery factors.
A custom-built prospect analyser tool was constructed to allow the client to estimate key development metrics, PVT, recovery factor, production profiles and drilling curves for undrilled prospects in minutes.
bMark™ Functionality: bMark™ was used to investigate analogous basins surrounding the Atlantic ocean and to extract key statistics fundamental to reserves estimations.
Type of Project: Benchmarking & Due Diligence
Aims: Approaching the end of a feasibility study, the client was looking to gain independent review on several development cases and the production profiles being used for decision making.
Outcomes: A significant number of regional analogues were identified and used to generate robust reference class forecasting which generally supported the clients field performance estimations derived through modelling. FFDP and LTDP cases were benchmarked to highlight uplift potential from ongoing development of the fields.
bMark™ Functionality: bMark™ was used to carry out reference class forecasting via analogue benchmarking.
Type of Project: Portfolio Benchmarking
Aims: A significant mid-tier Operator sought independent review of a substantial proportion of their reserves portfolio. The project’s main aim was to highlight areas of the portfolio with significant remaining potential in order to internally allocate resources to maximise company-wide profits.
Outcomes: The project provided defendable reserves assurance and empirically compared each asset not only to their peers, but also within the portfolio. Ranking was used to highlight areas of the portfolio which were under-performing. This confirmed the client’s internal assessment, as well as highlighted several additional areas where applied resource could result in increased reserves.
bMark™ Functionality: bMark™ was used to benchmark several development metrics (RF, well count and peak rates) across the whole portfolio, creating a consistent and data driven base for comparison.
Type of Project: Portfolio Benchmarking
Aims: A significant mid-tier Operator sought independent review of a substantial proportion of their reserves portfolio. The project’s main aim was to highlight areas of the portfolio with significant remaining potential in order to internally allocate resources to maximise company-wide profits.
Outcomes: The project provided defendable reserves assurance and empirically compared each asset not only to their peers, but also within the portfolio. Ranking was used to highlight areas of the portfolio which were under-performing. This confirmed the client’s internal assessment, as well as highlighted several additional areas where applied resource could result in increased reserves.
bMark™ Functionality: bMark™ was used to benchmark several development metrics (RF, well count and peak rates) across the whole portfolio, creating a consistent and data driven base for comparison.