The field you reach for first There is a moment most reservoir engineers know well, the moment of reservoir analogue selection. You are building a development concept, the data is thin, the timeline is tight, and someone in the room says: what about the field next door? Or the one a colleague worked on five...Read More
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
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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