Shell upstream energy benchmarking model - Nnamdi Wali ... - IPIECA
Shell upstream energy benchmarking model - Nnamdi Wali ... - IPIECA
Shell upstream energy benchmarking model - Nnamdi Wali ... - IPIECA
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<strong>Shell</strong> Exploration & Production<br />
Strengths & Challenges<br />
Strengths<br />
• Identifies real & actionable gaps<br />
• Provides fairest comparison<br />
(e.g. <strong>Shell</strong>, North Sea pilot)<br />
• Delivers a tighter results range (3:1 in North<br />
Sea study) than Product-based<br />
<strong>benchmarking</strong> (Ton CO 2 /BOE)<br />
<strong>benchmarking</strong> (e.g. 50+:1 range for CDP)<br />
• Helps <strong>Shell</strong> E&P identify priority assets and<br />
quick wins<br />
Challenges<br />
• Data integrity (diverse operators & their<br />
status of data capture)<br />
• Comprehensive data gathering<br />
requirements<br />
• Bias towards gas producing facilities<br />
with compression<br />
• Extending methodology to unconventionals<br />
Opportunity<br />
• Industry Benchmarking “Pilot Study”
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