Frequent Asked Questions-bMark™

  1. What is bMark™?

bMark™ is Belltree’s proprietary software designed to empower key decision-makers in the oil and gas industry. It offers powerful tools for upstream analytics, benchmarking, and access to global oil and gas data. bMark™ CCS is a specific software designed for carbon capture and storage site selection. 

  1. How does bMark™ help in minimizing risks and informing investment decisions?

bMark™ is an intuitive platform that identifies and interrogates asset underperformance, providing critical insights for minimizing risks and making informed investment decisions in the industry. 

  1. What benefits does bMark™ offer to its users?

Users of bMark™ gain access to a wealth of global data, advanced analytics, and predictive benchmarks. This data and analysis are used to optimize portfolio performance and make data-derived decisions. 

  1. What services does Belltree offer using bMark™?

Belltree leverages the power of bMark™, combined with its expertise in subsurface, to provide several services, including: 

  • National Benchmarking Analysis 
  • Due Diligence and Data Room Support 
  • Competent Person Report (CPR) & Expert Opinion 
  • Integrated Well & Field Development Planning 
  1. How can bMark™ help in predicting the reserves potential of my energy portfolio?

Using bMark™, you can reliably predict the reserves potential of your energy portfolio. It provides access to reservoir and production analytics, global technical insights, and predictive benchmarking, all of which are crucial for making informed decisions. 

  1. How does bMark™ benefit regulators?

When customized with bespoke benchmarks trained to national-scale datasets, bMark™ provides regulators with an independent assessment of field potential. This assessment is invaluable when considering operators’ forecasts and field development plans. 

  1. Where does bMark™ operate, and who can use it?

bMark™ operates globally, with clients and users on every continent. We provide immediate assistance, and installation is typically done virtually, depending on customer preference. 

If you have more specific questions or require further information about bMark™ and its applications, feel free to reach out to us at [info@belltreegroup.co.uk]. 

     8. What is bMark™ CCS and how it works? It is a Carbon Capture & Storage Project benchmarking software. bMark™ is a valuable tool for building a CCS portfolio through access to global subsurface data on potential storage sites. By utilising bMark’s capabilities, you can identify and assess suitable projects worldwide for CO2 storage investments. bMark™>CCS offers our subscribers a first-to-market software solution allowing Carbon Capture & Storage (CCS) projects to be designed, benchmarked, risked and booked, all in one platform.

 

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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