Trusted by the World’s Leading Oil & Gas Operators.
25+ years of global oil & gas benchmarking data and analysis.

Fulcrium provides independent benchmarking data and analysis across global oil & gas operations.
Our framework is used by leading operators as a standard reference point for internal and cross-asset performance comparison.
Built on over 25 years of operator data, our work enables comparison of performance across assets, portfolios, and operators.
The dataset spans a wide range of assets, geographies, and operating environments.

Andrew Gould - Chairman & Chief Executive, Schlumberger

Benchmarking to drive exceptional competitive performance in upstream oil & gas.

Paul Beijer, VP – Strategy, Planning & Assurance, Shell

Benchmarking in oil & gas for driving performance to make Shell an industry leader.

Julio Dal Poz - Senior Strategy Advisor, Equinor

Benchmarking in upstream oil & gas to drive efficiencies and performance improvement.

Jim Ratcliffe Fulcrium Ineos

Sir Jim Ratcliffe - Chairman, INEOS Chemicals

Benchmarking-driven operational performance excellence in petrochemicals.

Best-in-class performance is not obvious – but it exists, can be identified, and applied within and across oil & gas systems.

Built on over 25 years of operator data, our work enables independent comparison of performance – over time, across assets, portfolios, and operators.

Our framework is used by leading operators as a standard reference point for internal and cross-asset performance comparison. It is built for direct application in operational and asset-level decision-making.

The dataset spans a wide range of assets, geographies, and operating environments.

A small sample of peer companies Fulcrium tracks...

 
Exxon
Shell
Chevron
Total
Equinor
Ineos
BP
Fulcrium Schlumberger SLB Benchmarking
Halliburton
Aramco
QatarEnergy
Qatar Gas
ADNOC
Fulcrium Basra Oil Company Benchmarking
Fulcrium Iraq North Oil Company Benchmarking
Fulcrium Iraq Missan Oil Company Benchmarking
Fulcrium Iraq State Oil Marketing Company Benchmarking
Fulcrium Kuwait Oil Company Benchmarking
PDVSA
PetroChina
Petrobras
Pemex
Baker Hughes
GE
Repsol
Weatherford
 

Our Methodology

A structured benchmarking methodology developed over more than 25 years.

Outstanding techniques that drive best performance. Outputs from this stage are parameters for a granular benchmarking framework.

Baselining

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Utilising our unique, proprietary and global benchmarking database, we ensure the critical mass of accurate data for comparison.

Benchmarking

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Accurate value identification, quantification and prioritisation of improvement options that would not otherwise have been considered.

Value Analytics

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Value excellence to define scope, goals and the top-quartile initiatives needed to close performance gaps to drive exceptional value realisation.

Terms of Reference

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Verification of benchmark methodology, data, analytics, accuracy of value-identification, and business case before initiatives are sanctioned.

Validation & Assurance

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Customised execution to take action on the values, practices and procedures that will drive exceptional value realisation.

Follow Through

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Fulcrium Benchmarking Methodology Videos

How does Shell launch a benchmarking initiative?

How Shell’s culture drives the business case for benchmarking.

Is Shell prepared to make “tough” decisions as a result of benchmarking?

How benchmarking drives efficiency at Equinor.

Our Dataset

Fulcrium’s dataset has been developed over more than 25 years through benchmarking engagements with major oil & gas operators across a wide range of assets, geographies, and operating environments.

It comprises consistently defined operational, financial, and technical data, enabling direct and robust comparison across operators, portfolios, and individual assets.

The dataset continues to expand over time, providing a stable and comparable basis for performance assessment across the industry.

This dataset provides a consistent and evidence-based foundation for performance comparison across the industry.