Benchmarking

Get data-driven, actionable insight to help stay ahead
of the competition and improve performance.

Unlock Hidden Value in Your Operations

Solomon Associates^® benchmarking is the key to understanding your operational gaps relative to peers across a wide range of key performance indicators (KPIs) and helps you better compete in today’s ever-changing industry. Our proprietary database and benchmarking studies enable a deep understanding of the factors driving your industry and competition; insight not possible with internal benchmarking.

You need objective, data-driven insight into operational performance—how you compare and what you need to do to perform at a higher level. Our industry experts, each with an average of 25 years of industry experience, deliver trusted insight to help you make more informed decisions and support your strategies.

Since 1980, clients have leveraged our trusted, proprietary benchmarking methodology—Comparative Performance Analysis™ (CPA™)—to understand how their operations compare against peers in key operational areas. After benchmarking, our consultants can help you identify areas for improvement with a mix of no- and low-cost initiatives that are both practical and actionable. We know what good looks like… and how to get there. Close your performance gaps with peers, identify and prioritize opportunities, and implement a roadmap to sustainable performance excellence.

TALK TO A STUDY MANAGER TODAY

What You Gain from Solomon Benchmarking

World's largest databases

of upstream, midstream, and downstream operating performance.

Normalization process and peer groups

deliver meaningful KPIs and like-for-like comparisons.

Subject matter experts

with 25+ years' industry experience develop practical insight and recommendations to enable your success.

Data is proprietary and unique,

not pulled from publicly available sources.

STUDY AREAS

Reliability & Maintenance

Learn how Solomon provides world-class oil & gas benchmarking & advisory services to companies operating throughout the energy value chain with an improved reliability and maintenance strategy.

Energy analysis and forecasting, and performance excellence services will deliver unique, data-driven insight to boost performance and profitability. Our industry experts have the experience and understanding of your business needs to put these solutions to work for you.

The Advantages of External Benchmarking vs Internal Benchmarking in the Oil, Gas, and Energy Industry

Discover the differences between external benchmarking versus internal benchmarking and learn about the competitive advantages that makes external benchmarking so beneficial.

Read & Download Article

Actionable Insight to Help You

Determine your competitive position in industry.

Formulate expense/margin optimization plans to maximize financial performance.

Establish performance targets and measure progress using Solomon metrics.

Assess future performance impact of planned capital improvements and modifications.

Demonstrate performance/capability to JV partners, financial institutions, or security analysts.

Make informed decisions and support your strategies with empirical data and insight from experts that understand your business.

Data Quality, Benchmarking Methodology

We prioritize the integrity and confidentiality of participant-submitted data and rigorously review that data before benchmarking begins. Then, we employ our normalization process and benchmarking methodology to provide valuable and trusted peer group comparisons that deliver meaningful KPIs. Finally, our staff of senior consultants apply their deep industry experience to develop practical insight and recommendations to enable your success.

Learn More About Our Methodology