Cost Benchmarking Solution

Project cost benchmarking across offshore, onshore and LNG—all in one solution

Anchor cost targets, bids and negotiations to best-in-class project performance with the industry's largest dataset of oil & gas assets.

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Offshore, onshore and LNG coverage

Compare project and supplier costs with unmatched depth

Access cost benchmarks across offshore, onshore and LNG assets in one unified solution—covering reserves, production, surface facilities, subsea equipment, SURF lines, and drilling and completions.

Procurement and tender intelligence

Anchor tenders to best-in-class project cost performance

Draw on historical and upcoming project data to set tenders against comparable real-world costs, so procurement decisions are grounded in what similar projects delivered, not internal assumptions.

Expert market context

Understand cost trends, outliers and regional dynamics

Disaggregate costs by geography, basin and facility type with quarterly trend reports and factsheets—so you identify efficiency leaders, spot outliers and anticipate where cost pressure is building.

Trusted by businesses across the globe

Project cost intelligence

Ground cost expectations in real project performance

Benchmark against data from 65,000+ offshore, onshore and LNG assets, with P10, P50 and P90 outcomes, so cost targets reflect real project performance.

Peer cost performance

Compare cost performance before entering a new market or tender

Anchor tenders to best-in-class cost performance from comparable historical or upcoming projects and negotiate based on neutral evidence.

Opportunity identification

Choose the right targets before committing resources

Combine field-level cost benchmarks, operator budget expectations and forward trend analysis to prioritize the right projects, regions and acquisitions.

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Improve your workflows

Energy companies

Analyze peer group and regional cost performance to

Evaluate internal project cost performance against industry norms
Set cost expectations for new regions and new basins

How we deliver value

Benchmark field-level costs across offshore, onshore and LNG projects using data from 65,000+ assets:

Cost benchmarks across reserves, production, surface facilities, subsea equipment, SURF lines, and drilling and completions
Supplier intelligence covering market share, pricing power and backlog across the energy supply chain
Regular reports and factsheets tracking project cost performance, operator spend and regional market trends

Demo our Cost Benchmarking Solution

Rystad Energy advisors integrate with client teams to map the most effective route toward their objectives:

Optimizing corporate strategy
Analyzing market trends
Solving transaction challenges

Meet our Advisory team

The Rystad Energy Institute offers personalized courses designed to give individuals and organizations a complete 360° view of the energy market, covering the full energy system across industries, technologies, and regions.