Bayphase is an International Oil and Gas Consultancy established in 1986.
For over 30 years we have assisted our Clients in making their Key Technical and Financial Decisions. Our primary focus is:
- Resource Auditing and Valuation; we cover:
- All types of hydrocarbon properties including: exploration, development and production licenses
- Oil, non-associated gas, gas condensate, heavy oil, oil sands and shale gas
- Our experience has included these standards and stock exchanges:
- The Petroleum Resources Management System(PRMS)
- Securities and Exchange Commission (United States)
- The London Stock Exchange
- The Alternative Investment Market
- The Johannesburg Stock Exchange
- Our reports have been used to assist our Clients in these operations and transactions:
- Verification of internal resource estimates
- Stock Exchange vending processes
- Reserve Base Lending
- Equity backed commercial loans
- Cost Auditing and Estimation; we cover:
- Verification of internal cost estimates
- Auditing of project expenditures on behalf of Stake Holders including minority partners, banks and Governments
- Independent cost estimates
- Risk of cost overun
- Field Development Plans (FDPs); we cover:
- Development of feasibility, conceptual and detailed level FDPs
- Auditing of FDPs
- Subsurface, surface and integrated FDPs
- FDP risk assessment including technical, cost and schedule
- Reservoir Modelling; we cover:
- Oil, non-associated gas and gas condensate fields
- Sandstone and carbonate reservoirs
- Small through to super giant fields
- Integrated geological and reservoir engineering models
- Industry Leading Software - PETREL and Eclipse
We offer bespoke solutions delivered by an experienced team; a key element of our offering is our ability to audit work carried out by third parties in any of these areas. Auditing is a tool used by our Clients to ensure such work has been carried out to acceptable standards - see our Consultancy site for futher information.
We have also developed reports and data sets on key oil and gas countries - Iraq, Libya and Algeria - see our Reports site for further information.
Also we are currently making our NetCo$ter cost estimating system more widely available through a staged commercialisation process - see our Costs site for further information.
Bayphase strives to deliver fully quality assured products in all of its business areas and is an ISO 9001 registered firm.