This week in our #TrendOfTheWeek, we delve into the relationship between field maturity and field size, utilizing data from the bMark Global Database which has been aggregated at a regional level. Field maturity, represented on the y-axis, is determined by the cumulative production relative to the ultimate reserves of a field. This analysis offers valuable...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
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
EDINBURGH – 22 June 2023– Belltree, a leading global data hub and trusted advisor to governments and oil & gas operators worldwide, has announced an exceling strategic partnership with Apex Industries to boost the energy sector in Equatorial Guinea. Apex Industries SA, represented by Leoncio Amada NZe their founder CEO and President of the African...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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