Onshore Study

Improve your operational performance by leveraging the world’s largest, proprietary, upstream performance database and actionable insight from experts who understand your business.

Benchmarking has long been an effective practice to help operators compare against their peers and find performance gaps in their assets. The Worldwide Onshore Production Operations Performance Analysis (Onshore Study) uses Solomon’s proprietary Comparative Performance Analysis™ (CPA™) methodology to compare the operational performance of onshore operators around the world with a range of key performance indicators. The onshore database is carefully cleansed and prepared to enable trusted, actionable insight and stands out from public data.

The study delivers customized feedback emphasizing on where to focus optimization efforts to have the greatest impact. The study enables more effective resource management, future financial improvement, and enhanced competitiveness.


Because production is not the main cost driver, unit cost alone does not indicate the level of operations efficiency. Solomon’s proprietary normalized cost analysis levels the playing field by considering the size and complexity of each asset. The normalized cost analysis enables a more realistic identification of improvement opportunities. The gaps in cost efficiency performance between the asset and peer group leaders identify areas for potential cost optimization in every major cost category, as shown in Figure 1.

Figure 1. Cost Efficiency Gaps to Leaders

 

  • Compression and power generation
  • Well failures and interventions
  • Staffing levels
  • Maintenance
  • Energy and chemicals consumption
  • Analysis of Health, Safety, and Environmental (HSE) performance
  • Insight on Process Safety Management (PSM) performance
  • Assessment over Surface Repair and Maintenance (SRM) performance
  • More comprehensive assessment of total operating costs
  • Additional sustainability metrics
  • Expanded analysis of fixed wing and trucking usage

 

Join top companies that rely on Solomon’s Onshore Study to identify optimization opportunities and reduce production loss.

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Leverage a vetted, proprietary performance database of

>3,700

onshore and

1,300

offshore facilities, including

90+

FPSOs.

Why Participate?

  • Measure your onshore operations performance against the world’s top performers
  • Uncover areas of underperformance and identify realistic improvement opportunities
  • Prioritize optimization efforts that have the greatest sustainable impact
  • Compare direct support or overhead against your peers
  • Understand year-on-year cost and production performance trends for each asset and peer group
  • Compare direct and indirect support costs with peers

Study Deliverables

Participants will receive the following:

  • Customized diagnostic analysis, including conclusions, recommendations, and valued opportunity potential for each asset.
  • Specific cost targets and recommendations to achieve top level performance are presented.
  • Private debriefings with Solomon advisors.

New Metrics

Several new indicators have been added, including:

  • Maintenance Cost Efficiency Index (MEI™)
  • Personnel Efficiency Index (PEI™)
  • Energy Intensity Index™ (EII®)
  • Carbon Emissions Index (CEI)

 

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.

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Learn More & How You Can Participate

Obtain a clear picture of your competitive position with data-driven, actionable insight. Make informed decisions and justify your strategies and improvement projects.

Download the Study Invitation

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.

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