Oil and Gas ConsultancyOil and Gas Consultancy
Here are examples of some of the projects we have implemented across the Middle East.
Carried out a prospectivity assessment on the 12 license areas offered by the Government of Iraq - Iraq Central Authorities - in its 4th Licensing Round. The assessment was geoscience and geology based and was designed to establish the prospective resources associated with each block along with the likely characteristics of the hydrocarbons likely to be found.
This assessment was based on Bayphase’s extensive experience conducting studies in country and its commercially available library of Iraq seismic, well and other data; see the Iraq Kingdom Project for details on this. The study also had access to the majority of the commercially available geological data on Iraq.
The study produced a full inventory of prospective resources by license, an assessment of chance of success and a ranking of risked resource designed to guide decision making processes associated with bidding for acreage in the 4th licensing round.
Carried out a prospectivity study on Iraq Sedimentary Basins: Zagros Fold Belt, Mesopotamian and Western and Southwestern Deserts. The study was designed to assess potential upsides in existing field through assessing oil potential in non-drilled reservoir bearing horizons and potential field extensions. The study also assess prospective structures in each basin based on scouting information, third party regional interpretations and contour maps developed by Bayphase.
Used Boston square analysis the rank the fields and prospects against a range of parameters. The analysis was used by the Client as part of his decision making process in developing an engagement strategy for Iraq. Carried out a preliminary and detailed reserves certification and valuation for a small oil field in Kazakhstan’s Pre-Caspian basin. Developed a seismic interpretation and used available well log and test data to develop a reserves determination to PRMS standard.The Certification was used as part of an investment funding process designed to establish funds for development of the field and to carryout further exploration of the license area. Also developed an exploration plan for further evaluation of the license area including deep pre-salt carbonate structures.
Carried an analysis of international Oil and Gas Mega-projects for a National Oil Company. The work sought to establish how government bodies particularly national oil companies interacted with international oil companies carrying out very large projects in their countries. The work focused on establishing:
• How government bodies organised themselves with respect to such projects
• The procedures and strategies adopted by government entities in controlling such projects
• The relative performance of such projects in various area around the world.
The work focused on four geographic regions: Western Europe, Middle East, South America and South East Asia
Carried out a study to establish to optimum field development plan for a number of prospect outcomes in this deep water license bock – offshore Oman. Reviewed both oil and non-associated gas potential outcomes, developed outline Field Development Plans and carried out economic assessments to determine the optimum configuration.
The exploration prognosis was that outcomes could range from small to medium sized oil fields through to medium sized non-associated gas fields. Developed range of potential reserves and then established viable field development plans for each reserve size. Prospects were sited close to shore in 3,000m water depth; fully costed each development plan using Bayphase's cost estimating tool - NetCo$ter.
Developed the formal submission to the government of Oman.
Carried out an assessment of each of Iraq’s Sedimentary Basins to establish hydrocarbon reserves and resource inventories for all fields and identified prospects in these basins. The study was based on data collected from producing fields, regional seismic assessments, and regional geological studies.
The basins covered by the study included:
Developed independent deterministic and probabilistic reserves assessments for this field in accordance with the PRMS standard. This field is a giant carbonate structure with significant quantities of highly sour gas (33.5% H2S and 9.6% CO2).
Developed integrated geological and reservoir simulation model for the field. The work included full assessment and interpretation of a 3D seismic data set, development of a static geological model and a dynamic reservoir model. Carried out modelling to determine optimum configuration through consideration of acid gas injection, desulphurisation and power generation alternatives. Also carried out conceptual field development planning to determine the associated surface production scheme. Used our NETCO$TER cost Evaluation Software to prepare detailed development and operating costs
Special features considered included: potential disposal of separated sour gas into the host reservoir and through enhanced recovery schemes in associated independent reservoirs; design of equipment to handle highly toxic hydrogen sulphide concentrations; impact of high hydrogen sulphide levels on gas physical properties.
Prepared a reserves certification statements in accordance the PRMS standard.
Carried out a survey and researched all licenses in Kurdistan. The purpose of the work was to establish companies active in the region, the prospectivity of their license areas, the license work commitments and their likely funding requirement over a two year time frame.The assessment was used to target small participant companies with acreage likely to be successfully explored and likely to require funding to meet their investment needs. Assisted the Client in making approaches to offer finance for equity to target companies ranked by this process.
Conducted a field development planning audit for the upstream development of this project in Qatar. This consisted of offshore production platforms, offshore pipe lines and an onshore gas processing facility. Vetted the technical basis for the project also audited the development cost of project and associated budgets. Made recommendations for future development of the project designed to reduce cost. Cost analysis was based on Bayphase's cost estimating tool - NETCO$TER.
Developed the field development plan for next phase of development of these two giant fields. Plan was developed in conjunction with the Clients senior personnel and for two timescales long term 5-year forecast and short term 1 year forecast. Developed annual budgets for all capital operating expenditures for the field over a two year period – current year and the following year. Cost estimates were based on evaluations performed independently by our consultants.
Bayphase
Limited, St Georges House, Knoll Road, Camberley, Surrey, GU15 3SY, UK
Tel: +44 (0) 1276 682828 - Fax: +44 (0) 1276 63334
Oil & Gas Consultants - Prospect Evaluation - Reserves Assessment - Oil and Gas Reports - Oil and Gas Costs - Field Development Planning