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bMark™
ADVANCED
OIL & GAS
BENCHMARKING
“We are producing two resources:
The hydrocarbons & the data”Bloomberg, March 19, 2018
The world is changing fast. Ubiquitous data
is combining with rapid advances in machine learning
and artificial intelligence to fundamentally change the
way business decisions are made.
bMark™ is the first software specifically for the
upstream oil & gas industry that combines global
reservoir data with advanced data analytics
and predictive machine learning benchmarks.
bMark™ brings the data revolution to energy
professionals by augmenting professional expertise,
reducing study costs, improving data governance &
enhancing technical insights. Discover More.
Discover Data
48,000+ fields & reservoirs.
4,600+ production histories.
Data from trusted sources compiled by experts.
Integrate & quality-control your own datasets.
Save 1000’s of man-hours in research.
Regulator Data
Independent Reports
Peer-Reviewed Literature
User Data
Industry Journals
Engage Analytics
Integrated GIS maps highlight macro data trends.
Dive deep into analogue data at global, regional and
reservoir scales using in-built analytics.
Easily export insights to external reports & models.
Benchmark Performance
Predict recovery factor, optimal well count & facility throughput using
advanced Machine Learning algorithms.
Get results in seconds, calibrated to real-world fields.
Robustly quality-check outputs of simulation models.
Highlight value gaps, reserve upside and hidden data quality issues.
What is my EOR potential?
How many wells should we drill?
Are my reserves reasonable?
Is the production allocation accurate?
How do analogues perform?
What reservoir has the most potential?
Data Driven
Geologists
Value Focused
Reservoir Engineers
Efficient
New Ventures
The intuitive user interface allows
independent assessmentsto be made in minutes and is the
data most often sought by
decision makers to provide
confidence in investments.
Some large IOCs have had such
tools at their disposal for several
years, bMark™ now provides this
critical capability to the
industry at large.
- David Masson, Fmr SHELL VP & Group Chief Reservoir Engineer
“
”
Empower Teams
Value Gained with bMark™
Upside resource of 86MMstb identified in mature field• Complex 1000MMstb offshore water-flood with12 fault blocks & 60 separate reservoir pools
• Operator model of fault connectivity & production allocation challenged using benchmarking
• Under-developed reservoirs highlighted with upside quantified via benchmarking
+30% reserves potential recognized in field portfolio• 13 producing fields for sale onshore Gabon
• bMark™ used for full QC of technical data package & predictive benchmarking in < 2 weeks
• Upside in reservoir potential vs. seller’s reserves recognized & quantified, concentrated in 2 fields
Technical assurance given at Final Investment Decision• Greenfield oil development offshore Mexico; c. 1500MMstb in place
• bMark™ database used to identify 12 key producing Gulf of Mexico analogues
• 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 providing
guidance on areas for further modelling & sensitivity analysis in the low side case
Predictive benchmarks deployed by UK regulator• Custom predictive recovery factor benchmarks trained to UK regulator data for offshore oil & gas fields
• Benchmarks used by Regulator to identify poor performing assets & Operators
• Deployed via bMark™ for use in Asset Stewardship discussions and for approving cessation of production requests
Discover More
https://www.belltreegroup.co.uk/videos/
+44 131 225 4428
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