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