Improve your performance using the world’s largest database of upstream performance data, metrics, and our deep insight.
Benchmarking has long been an effective practice to help operators compare performance against their peers and find performance gaps in their assets. The rising costs and rapid changes in today’s industry mean that companies need an independent view of their assets’ performance to guide their efforts to enhance operational performance.
The Worldwide Onshore Production Operations Performance Analysis (Onshore Study) utilizes Solomon’s proprietary Comparative Performance Analysis™ (CPA™) methodology to compare the operational performance of onshore operators worldwide using a range of KPIs.
The Onshore Study analyzes both cost and production uptime performance at the asset level. The benchmarking evaluation results in specific conclusions, recommendations, and opportunity evaluation for each asset and peer group. Customizable options are available, including company-wide global analyses and custom peer group evaluations involving coalbed methane (CBM), CO2 injection, and polymer injection.
Study participants receive customized insight on their performance, showing where to focus optimization efforts, how to effectively manage resources, and how to improve future financial performance and competitiveness.
(3,700 onshore and 1,300 offshore,
including 90+ FPSOs worldwide).
Insight for planning and decision support:
- Measure performance against world’s best
- Identify significant cost drivers per asset type
- Uncover problem areas, identify realistic, targeted improvement opportunities
- Prioritize optimization efforts for greatest sustainable impact
- Identify reliability performance opportunities
- Understand year-on-year cost, production performance trends by asset, peer group
- Compare direct, indirect costs with peers
- Develop an improvement road map using a report of production operation KPIs
Learn 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.
"We got far more than what we expected. I would recommend this process to any company wanting to move to 'best of class.'" Operations Manager, Independent Producer
“Immensely impressive…much more detailed than other benchmarking studies.” President, Oil & Gas Major
"The value for changes we implemented was estimated at $5 million, a very good return." Senior Engineer, International Oil & Gas Major
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.