Asset and Reservoir Management

Our years of experience in asset management has come from projects executed within oil and energy service companies, international consultancies and oil companies. We deliver our technical services to enable profitable returns on investment from the management of the asset over its lifetime. We provide skills, expertise and knowledge relevant to the reservoir, well drilling & completions, field development plans, production optimisation, maximising asset revenue while minimising capital and operating expenditure, and increasing value.

Critical to success is how we engage with international customers, collaborate with stakeholders, create innovative solutions; working remotely and ensuring subject matter experts are available 24/7 to study and support.

We have digital technologies and competent processes to perform activities efficiently and at much lower costs.

Exploration and Appraisal Studies

Finding oil and gas reservoirs is a complex process, requiring research, survey work and exploration drilling. We provide a range of geological and geophysical services to support clients’ technical decisions to explore and appraise.

We specialise in analysing and interpreting well data and 2D and 3D seismic datasets, delivering structural and stratigraphic interpretation and mapping. Our G&G team studies the exploration potential based on the regional geology, the petroleum system and formation petrophysical evaluation. We prepare exploration leads and prospects, and drillable locations with supporting estimation of petroleum reservoir volumes.

A discovery well requires a detailed appraisal work programme to evaluate the potential commercialisation of the asset. Typical work scope comprises the detailed reservoir and fluid characterisation, planning an appraisal well programme and studies including seismic interpretation, mapping, formation description, well log interpretation, core analysis, fluid contacts, and rock physics.

Reservoir engineering, including well-testing analysis and fluid sampling analysis, helps with understanding well productivity and reservoir recovery drive mechanisms to estimate ultimate recoveries.

Early fluid characterisation and PVT modelling of dry gas, gas-condensate, volatile oil, light and heavy oils helps with identifying further data acquisition.

Field Development Planning

In our experience, we believe in deploying an integrated, multi-disciplinary team approach to field development planning, and preparing an economic valuation to support our clients' decision making and business case. We follow a holistic approach, identifying key value drivers, rapidly preparing the development plan, integrating discipline experts, and using agile project management.

We collaborate and support our clients' projects throughout the early pre-FEED phases of business planning, feasibility assessment, and development concept identification and selection.

The field development plan must set out the capital expenditures, risks, and schedule, along with reservoir development scenarios which maximise recoverable oil and gas volumes, economic value, and mitigation of risks on safety, environmental and social impact.

Oil & Gas bid rounds and licensing

We evaluate petroleum systems, play fairways, drillable prospects, geological risking and exploration economics using our deep domain expertise in geophysics and geology interpretation. Our team specialise in seismic attribute analysis, rock physics, sedimentology and fractured carbonates.

We offer our technical and commercial multidisciplinary approach to support a government's licensing agency to prepare asset data-sets, data management, marketing and promoting to investors, planning data room meetings and facilitating agreements with investors.

Our specialists have managed exploration, multidisciplinary teams with international exploration experience. Our associates have specialist expertise in structural geology, sedimentology and geochemistry.

We evaluate blocks in licensing rounds, discovered resource opportunities (DRO) on offer in marginal field bid rounds and opportunities originating from our activities in farm-in, M&A and divestments.

Our work scope includes regional review, play and prospect evaluations, risking and exploration expected monetary value (EMV) results from economic modelling.

Commercial & Economics

Financial modelling and economic analysis are some of the most important aspects of any business decision to ensure stakeholders and investors understand the commercial risks and opportunities to manage their portfolio and future cash flows.

We have extensive experience around financial modelling, which we have demonstrated for many years in developing models with complex fiscal terms and complex joint venture structures. We use FAST standards and Agile methodology for accurate and scalable modelling.

We bring expertise and learning from other industries, and we specialise in Upstream, Mid-stream and Renewables.