bMark Oil & Gas Benchmarking
2 Reviews
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18 Deploys
Advanced upstream data analytics and AI
Page last modified
August 4 2023
bMark™ is an intuitive data analytics software tool, trusted around the world by oil and gas decision-makers to inform portfolio optimisation decisions. bMark™ allows users to discover global oil & gas field data thanks to its unique analogue database of 48,000+ fields and 4,600+ production profiles. In-built analysis, mapping and plotting features minimise time spent handling data compared to traditional methods giving your technical team more time to gain insights.
bMark™ unique built-in machine learning benchmarks allow users to predict reserves, optimise developments and analyse oil and gas portfolio performance quickly and with a high degree of accuracy.
Empower your technical teams today!
Pro/con
Rapidly identify underperforming reservoirs thus improving efficiencies when allocating resources
Provides clarity for commercial teams responsible for key financial decisions: identify M&A targets and ensure investments/divestments are correctly valued
Validate/QC reserves bookings, data forecasts and development plans against global analogues. This removes any personal bias
Easy to use, intuitive graphic interface
Regular updates to global analogue database and production history profiles
Fully integrated GIS interface
Saves time and cost of manual analysis
Functionality allows import of own data, securely and quickly
Production profiles forecasting analytics
Easy access to industry-recognized open source field reports via hyperlinks
Access to expertise from in-house subsurface technical team
May challenge current working methods but ultimately offers unrivalled intelligence to users
Specification
Areas of Application
Oil & Gas: Technical Assurance QC gate across exploration | Field development planning | Portfolio management | Board reporting | M&A Reserves Resource Booking.
Compliance
Allows independent assessment/QC and audit of reserves reporting.
Impact
bMark™’s global data, combined with its proprietary machine learning benchmarks, offers clients unrivalled knowledge to maximise returns from oil and gas portfolios.
Input
Import own data securely and fully encrypted. Apply filters to analyse data accurately and rapidly.
Insight
Gives strategic insight on where to prioritise investment and improvement of development strategies.
Output
Create clear, customisable plots to export to presentations for Executive level communication.
Services
Upstream technical support for E&P lifecycle projects, data analytics consultancy, portfolio-wide benchmarking studies, bMark™ training courses.
Relative Business Impact
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Technology Readiness Level
Development
Technology demonstration
Mature / Proven
Technologies Deployed By
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