We benchmark upstream project performance on a range of unique cost, schedule, technical and project complexity metrics.
Find out more >Identify and encourage best practice to improve cost performance across the whole industry.
Assess the competitiveness of your project costs / schedule against the industry benchmark.
Provides a practical way to establish realistic targets for project costs and schedule.
Measure actual costs / schedule performance versus your sanction estimate
Analysis of project performance is at the heart of the Performance Forum. Benchmarking allows you to compare your estimated or actual data against an industry or peer group trend based on real data, on a life-for-like basis.
By determining areas of underperformance, you can establish a strategy for future improvements to save cost and time. We provide benchmarking services at every stage of your project, from early assess estimates through to close-out results at end of execution. Once field production is in decline, a similar gated project timeline can be used within the decommissioning phase of the project, whether it be for facilities preparation for removal or reuse.
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