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 insights for operators at various stages of field life. By leveraging analogues and predictive benchmarking, operators can validate their development plans and uncover potential opportunities that may have been overlooked.
Fields situated in less mature regions stand to gain significantly from the insights and experiences derived from more mature regions. This knowledge transfer can help ensure that fields are developed to maximize their potential from the outset.
For deeper analysis and more data insights, follow #Belltree and keep an eye out for our upcoming #TrendOfTheWeek. Alternatively, don’t hesitate to reach out to us today to discover how the #data and #insights within #bMark can enhance your workstreams.
