Performance Improvement

Our Performance Improvement capability combines industry expertise with performance benchmarks, diagnostic tools, and analytics, helping energy and oil and gas companies drive portfolio and business improvement.

2022 Global Upstream Operations Benchmark

Improve safety, operations, cost, and emissions performance

Energy Insights’ Global Upstream Operations Benchmark will help you to identify and capture your highest value opportunities. Our extensive proprietary database includes more than 25 years of operations performance insights across a broad set of global upstream oil and gas assets, covering operating expenditures, production efficiency, deferments, safety & emissions performance.

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How we help clients

Oil and gas companies

Assessing and improving economic and operational performance by leveraging proprietary benchmarks and diagnostics

Joint venture partners

Providing increased operational performance transparency in partner-operated ventures and identifying underlying improvement levers

Investors

Providing independent diligence and de-risking of oil and gas portfolio or asset processes

Governments and regulatory organizations

Delivering basin-level, regional, and global trends in cost, efficiency, safety, and environmental performance while enabling best-practice sharing

>600

assets and installations

>40

unique operators and over 100 business units

>$33

billion in operating expenditures

>23

million barrels of oil equivalent (Mmboe/d)

Our Capabilities

Performance benchmarking

Portfolio of global energy and oil and gas performance benchmarks across the entire value chain

Rapid diagnostics

Performance diagnostics enabling rapid assessment of portfolio or asset performance combining proprietary data and models with deep technical and commercial expertise

Performance management

Best-practice approach to energy and oil and gas performance management, combining performance models, cascading scorecards and key performance indicators, digital dashboards, and implementation tools

our benchmarks and diagnostics

Operations

Global oil and gas operations benchmark for onshore and offshore assets, covering operating expenditures, production efficiency, deferments, reliability, and HSSE

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Emissions and Energy Efficiency

Baseline and target-setting greenhouse gas emissions performance at the portfolio and asset levels, drawing on a global proprietary data set covering over 50MT emissions from more than 150 assets

Cost Optimization Diagnostic

Rapid unit cost diagnostic combining our proprietary operations and cost models with industry and cost management expertise

Organization

Workforce benchmark contrasting organizational models, structure, and size of offshore, field and support organizations

Wells and Reservoir

Well intervention and recovery factor benchmark, including volume gains and protection, cost of delivery, and efficiency

Maintenance and Reliability

Cost, process efficiency, and effectiveness benchmark covering maintenance activity levels and equipment reliability for over 11 million hours of maintenance

Logistics

Offshore and onshore logistics, cost, and efficiency benchmark spanning aviation, marine, fleet, and supply base

Drilling and Completions

Well construction and drilling performance benchmark across efficiency metrics, including well construction speed and cost, nonproductive time (NPT), and invisible lost time (ILT)

Unconventionals

Benchmark of operating and capital expenditures covering drilling performance, completion intensity, production uptime, water management, and organization resource planning for unconventional oil and gas operations

LNG Operations

HSSE, production performance, operating and capital expenditures, and organization benchmark for liquefied natural gas (LNG) assets

Gas Plants and Processing

HSSE, production efficiency, operating expenditures, and maintenance benchmarks for gas plants and processing

Decommissioning

Benchmark of oil and gas asset decommissioning and plug and abandonment (P&A) for wells and topsides, incorporating normalized well cost and execution efficiency

Examples of our work

Our benchmarks have a global reach and broad peer set

Global production operations for a major oil and gas company

>$3 billion production uplift and cost optimization

Identified an opportunity that could deliver more than 250kboe/d to the global portfolio of a major upstream operator through our global production operations benchmark.

Assessed production uptime and deferments, operating cost, safety, and energy efficiency for all operated installations.

Deepwater operations portfolio for global oil and gas operator

>$1.2 billion improvement potential identified

Targeted value through a global operations benchmark focused on unit cost optimization and production potential for entire deepwater portfolio.

Assembled more than 100 recommendations and improvement levers at the asset level that were incorporated into the operator’s improvement program.

Related Insight

Article

Toward a net-zero future: Decarbonizing upstream oil and gas operations

December 6, 2019 – To operate well is to operate responsibly—but more must be done on sustainable design and balanced portfolios to achieve a net-zero future.