Leverage Solomon’s comprehensive midstream database to learn what “good” looks like.
Stay competitive with help from our Worldwide Liquid Pipeline Performance Analysis (Liquid Pipeline Study) and Worldwide Liquid Terminal Performance Analysis (Liquid Terminal Study). Each study provides objective, data-driven insight into operating cost and reliability performance of your facilities in all key areas. Receive valuable information on your performance gaps with peers and where you can focus performance improvement efforts.
Benchmarking capital-intensive energy assets has been Solomon’s core business since 1981. Our Comparative Performance Analysis™ methodology identifies where facilities stand relative to their competition across a range of KPIs, providing results in sufficient detail to support major budget decisions. Our unique methodology includes the Equivalent Pipeline Complexity (EPC™) and Equivalent Terminal Complexity (ETC™) divisors, which allow us to generate reliable cost comparisons for your pipeline systems and terminal facilities.
Study participants can also compare their operations against regional peer groups. These peer groups have a larger number of participants than any one company has in any region. As a result, the studies provide information that is more in depth than what is provided by internal benchmarking, resulting in drill-down capabilities that can be utilized to verify outcomes and justify change.
Solomon’s impartial benchmarking services allow you to evaluate assets based on:
- Pipelines of varying length, diameters, pumps, meters, and right-of-way terrains
- Terminals with varying tank capacities
- Modes of transportation
- Crude oil, refined products, NGLs, and petrochemicals
- Various tank types
- Locations around the world
Closing Performance Gaps
What gaps do you struggle to close? What quick and near-term actions will have the biggest impact on performance excellence and profitability? We know what good looks like… and how to get there.
Data Quality, Benchmarking Methodology
A Foundation for Effective Comparative Performance Analysis and Decision Support
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.