Project Cost Screening Solution
Screen and compare development scenarios with confidence
Optimize project costs, identify competitive concepts and support early investment decisions with independent cost estimates and industry benchmarks.
Bottom-up cost data across offshore, onshore and LNG
Build defensible estimates grounded in 65,000+ real-world assets
Benchmark and estimate costs using bottom-up data across materials, labor, equipment and regions, covering offshore, onshore and LNG assets from reserves and surface facilities to subsea equipment and drilling and completions.
Interactive estimating and benchmarking tools
Model cost scenarios and anchor tenders to best-in-class performance
Customizable templates compare cost estimates across project types and development concepts, and set tenders and targets against comparable real-world project costs, not internal assumptions.
Expert validation and market context
Understand cost trends, outliers and regional dynamics
Regular expert briefings, quarterly trend reports and factsheets put cost movements in context, so you understand the implications for your projects, identify efficiency leaders and spot outliers before they affect decisions.
Trusted by businesses across the globe

Set cost and schedule targets grounded in real project outcomes
Benchmark development, operating and LNG project costs across 65,000+ oil and gas assets by field type, facility group and geography, with cost spread analysis and FEED-to-first-oil schedule benchmarks to identify outliers and set defensible targets.
Screen more concepts & choose the right one.
Early-stage concept screening is only as reliable as the cost data behind it. Rystad Energy Cost Assurance is now integrated into SLB FDPlan™, giving E&P teams benchmark-powered CAPEX and OPEX estimates for every development concept within their planning workflow.
Production, cost, and economics now sit in one place, from concept generation to ranking, enabling:
- Faster screening of 10, 20, or 50 field development options with consistent, benchmark-aligned cost estimates, built in hours instead of weeks
- Visibility into cost drivers across wells, subsea networks, pipelines, and facilities, enabling optimization at the concept stage
- More defensible decisions, backed by cost estimates continuously updated against global development outcomes
- Higher confidence in concept selection before committing engineering resources
Case study
How a supermajor stress-tests major investment costs with independent data
The challenge
A supermajor's cost estimating team had to develop project cost estimates and provide independent assurance for capital decisions above $100 million, all while project costs and supply chains grew more volatile. Leadership needed a fast, credible way to validate estimates before committing to bids or major capital spend, without days of extra research.
Partnering with Rystad Energy
The team used Rystad Energy to benchmark internal cost estimates against independent, bottom up data built on real project analogs, fitting directly into their existing estimating workflow.
Key results
The close alignment between internal and independent estimates gave the team a defensible external reference point for investment committee discussions. Within 30 minutes of seeing the tool, they applied it to a live, high priority bidding opportunity, and identified it as a repeatable way to cross check cost estimates across future projects.
"I was able to use the Cost Estimating tool to benchmark our internal estimates in less than an hour. Once I identified the best analog and normalized for our owner's cost and contingency, our internal estimates were less than 3% different from Rystad Energy's independent bottom-up estimate."
Senior Cost Estimating Engineer
- Capital Projects
Improve your workflows
Energy companies
Drive transparent, cost-benchmarked decision-making across project development:
- Understand P50 cost estimates for corporate planning while analyzing performance against industry norms
- Evaluate cost impacts of design and execution trade-offs, and set cost expectations for new regions and basins
Build transparent, bottom-up cost estimates and benchmarks across oil and gas, renewables and low-carbon project types, covering 65,000+ assets:
- Develop and rank opportunities faster with real-time cost impacts from design and execution decisions, benchmarked against industry peers
- Quarterly Cost Benchmarking and Escalation Reports covering offshore sector performance and inflationary cost factors for producing and greenfield projects worldwide
- Cover the full project spectrum: offshore and onshore wells, pipelines, production facilities, decommissioning, wind, solar and CCUS
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
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.
- Elevate your energy IQ
- Stay ahead of the curve
- Drive career growth
Our Market & Costs portfolio
The next-generation market intelligence platform
Spektra

Collaborative workspaces
- Easy sharing via link to workspace
- Centralized collaboration
- Work across multiple Cubes in the same workspace

API and MCP access
- Copilot, Claude, ChatGPT or your own AI Agent or Large Language Model connect through Model Context Protocol (MCP) and answer with Rystad Energy data
- Live data in Excel, Python, Power BI and your own models, with no downloads or manual refresh

Granular, multi-level analysis
- “Micro to macro” data granularity covering the entire energy system and the advantage of a modern AI-native platform
- AskRystad/LLM based front end

Fast, reliable and flexible access
- Instant data processing, same definitions and units across every access route
- Work in web-based workspaces or bring the data into your own tools
Related insights
The Roundtables · Oil & Gas

