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
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
When/Why I joined Belltree, my job role & what I enjoy the most? I Joined Belltree in November of 2021. Working at Belltree has given me a great opportunity to further my passion to work in the energy sector. I work as a data analyst; maintaining and updating both our global Co2 Emissions database and...Read More
The fields in question form a cluster of seven mature offshore fields. First developed in the 1980’s the cluster was approaching the end of its current reserve life after producing over 1Bnbbl historically. The Joint Venture devised a redevelopment plan to significantly boost the recoveries from the Block and wished to sense-check their forecasts against...Read More
Site Selection for GCS: Insights That Analogues Can Offer Geological Carbon Storage (GCS) is considered the most reliable method of carbon sequestration, though its feasibility is restricted to large-scale point sources where in-situ capture and storage can occur. Depleted hydrocarbon fields are attractive targets for carbon storage; the same geological formations that are effective at...Read More
At Belltree we support and practice equality, embracing diversity which is reflected strongly across our expert team. In this “Meet our Team” session, Rhona- a Reservoir Engineer at Belltree- highlights the importance of the inspirational women in leadership who have positively impacted her. Here, she discusses her role, her remit and expectations. Rhona supports the...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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