Oil and Gas ConsultancyOil and Gas Consultancy
Here are examples of some of the projects we have implemented across West Africa.
Developed independent resource assessments for two offshore license areas in Ghana. Reviewed reports, converted paper seismic, well log and test data to digital format, loaded the data into the Kingdom Suite and developed structural interpretations, to assess the blocks’ prospectivity, resources and reserves. Estimated the Chance of Success. The assessment was conducted in accordance the standards set down by the PRMS.
Carried out an opportunity screening for a number of global exploration assets considered for investment by the company. A quick look assessment of the prospectivity of each asset was conducted. The assets where then ranked by their chance of success and likely resultant reserves should exploration be successful.
The top four assets where then ranked in detail: seismic assessments were conducted using the Kingdom Suite; exploration plans were drawn up; chance of success was assessed; likely resultant reserves were determined; cost of exploration, appraisal, development, operation and abandoning the reserves was assessed and an economic ranking of the assets was developed.
Recommendations for the future exploration program were developed for each asset were developed.
Developed an independent reserves assessment for four newly discovered fields in this ultra deep water license area in Nigeria in conformance with the PRMS standard. Carried out full seismic interpretation, prepared a reservoir assessment and production profiles, developed outline field development plans and also conducted a full development and operating cost assessment using our NETCO$TER cost Evaluation Software.
The discoveries are located in ultra deep water depths and required the use of innovative productions solutions in the development scheme. Based on the commercial terms associated with the acreage and the technical and cost assessment described above developed an independent valuation of the discoveries.Also carried out a full prospectivity assessment of the acreage based on recently acquired 3D seismic data. The work was conducted as part of a farm-out process which is now complete. The Client disposed of a major portion of his 100% holding in the Block.
Performed reserves determinations and valued two offshore oil fields associated with this license area, for a fund prospectus developed by the Client. The reserves determination was conducted to the PRMS standard. The work also included the generating outline field development plans, developing cost estimates for developpment and operations and implementation schedules as the basis for the valuations. The valuation was used to determine the price strategy for the prospectus based on fixed internal rate of return criteria.
Carried out a technical assessment of revisions to the field development plan proposed for this turbidite field offshore Ivory Coast in water depths greater than 1,500m. Critically assessed well design and sand screening solutions in light of well failures. Established financing basis through the determination of banking case profiles.
Developed independent probabilistic resources and reserves assessment for the fields and prospects in this offshore block in Nigeria in accordance with the PRMS standard. Assessed extensions that would be required nearby production facilities to optimally develop the reserves; executed an outline field development planning assessment to achieve this. The reserves audit was used as part of the company’s submission to the US Securities and Exchange Commission during its listing process.
Developed a reserves assessment in line with the PRMS standard and outline field development plans for two onshore non-associated gas fields in Nigeria. The work also included a full capital and operating cost assessment developed using our NETCO$TER cost Evaluation Software.
Contracted to conduct an assessment of seismic data available for this large offshore block in Ghana. Assessed all available data, selected and supervised the reprocessing of key lines. Generated play concepts through basin studies. Identified prospects and leads through seismic interpretation and developed independent probabilistic resource assessment in accordance with the PRMS standard. Also carried out a valuation of the block for potential equity sale by the Client.
Developed a reserves verification for these fields located in Nigeria in accordance with the PRMS standard and based on reserves reports submitted by other consultants. Also prepared bank case production profiles which were used in valuing the property for financing purposes. The work included vetting the owner’s field development plan for cost and schedule risk; an itemisation of the risks and their potential cost/financial impact was developed.
Developed independent probabilistic resources assessment for this onshore block in Nigeria in accordance with the PRMS standard. Also carried out a valuation of the block for potential equity sale by the Client. The valuation was based on an outline field development planning assessment conducted on the likely outcomes of a proposed exploration drilling campaign.
Performed a reserves verification and carried out a valuation for this offshore field in Nigeria. Carried out the verification to the standards set by the PRMS. The valuation was carried out following a field development planning assessment designed to establish the optimal modifications and in-fill drilling required to fully develop the property. Development and operating cost estimates were generated as the basis for the valuation.
Performed a reserves verification and carried out a valuation for this onshore field in Nigeria. Carried out the verification to the standards set by the PRMS. The valuation was carried out following a field development planning assessment designed to establish the optimal production facility and drilling campaign required to fully develop the property. Development and operating cost estimates were generated using our NETCO$TER cost Evaluation Software.
Developed prospects and leads through seismic interpretation, followed by an independent probabilistic resource assessments for two Licence Areas in Liberia in accordance with the PRMS standard. The work was based on a Regional 2D seismic survey. The product of the work was used as part of a submission seeking finance for an exploration program.
Carried out a screening study for a small potential onshore development in Angola. The potential field had a recoverable reserve of 50 Million Barrels and was located below a lake in an inaccessible, swampy terrain in the south of the country. The study took special care to establish appropriate solutions for the terrain encountered and the remote location. The study was designed to assess the economic benefit associated with conducting an exploration program. Development and operating cost estimates were generated using our NETCO$TER cost Evaluation Software.
Carried out a screening study for a newly discovered field in a shallow water section of the Niger delta. A range of potential prospective oil field sizes were evaluated ranging from 20-100 million barrels recoverable. The study’s key objective was to establish what was the most economic solution for the field’s development: fixed platform or FPSO. Development and operating cost estimates were generated using our NETCO$TER cost Evaluation Software.
Carried out a screening study for an exploration license in a deep water section of Senegal’s territorial waters. A range of potential prospective oil field sizes were evaluated ranging from 50-500 million barrels recoverable. The study’s key objective was to establish if economic solutions could be established for development of the relatively small prospective fields at the lower end of the scale. In addition detailed planning and cost assessments were carried out on the planned exploration drilling. Exploration, appraisal, development and operating cost estimates were generated using our NETCO$TER cost Evaluation Software.
Carried out a screening study for an exploration license in a deep water section of Cote D’Ivoire’s territorial waters. A range of potential prospective oil field sizes were evaluated ranging from 20-100 million barrels recoverable. The study’s key objective was to establish if economic solutions could be established for development of these relatively small prospective fields. The development solution focussed on the use of FPSO’s as the primary production vehicle. Exploration, appraisal, development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
Carried out a screening study for a relatively large onshore acid gas field in Nigeria with reserves of 1.5 Trillion Cubic Feet and Carbon Dioxide content of 4.6 Mol%. A key element of the study was to assess the optimum method for reduction of Carbon Dioxide concentrations to levels that would allow the gas to be processed in an existing LNG facility. Development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
Carried out a screening study for an exploration license in a deep water section of the territorial waters of the Bahamas. A range of potential prospective oil field sizes were evaluated ranging from 30-150 million barrels recoverable. The study’s key objective was to establish if economic solutions could be established for development of these relatively small prospective fields. In addition detailed planning and cost assessments were carried out on the planned exploration drilling based on shallow and deep water drilling rigs. Exploration, appraisal, development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
Carried out a screening study for an exploration license in an ultra deep water section of the territorial waters of Senegal. A range of potential prospective oil field sizes were evaluated ranging from 150-800 million barrels recoverable. The study’s key objective was to establish if economic solutions could be established for development of these prospective fields based on FPSO and subsea technology. Exploration, appraisal, development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
Carried out a screening study for a medium sized onshore gas condensate field in Nigeria with reserves. The assessment focused on establishing the size and cost of facilities required for liquids production scenarios ranging from 30,000 through 50,000 barrels per day. The study was designed to establish the economic optimum production rate based on price constraints including restricted local market for sale of associated gas. Development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
Carried out a screening study for production of a significant gas field offshore Angola. Due to the deep water location of the field and the clients preference for dry wellhead technology the development plan used Tension Leg Platforms as its basis. The field was assumed to be developed in three phases; two depletion phases with a combined production rate of 750 million standard cubic feet per day and a compression phase of 550 million standard cubic feet per day. The facilities also included the phased development of an onshore gas reception terminal. Development and operating cost estimates were generated using our NETCO$TER Cost Evaluation Software.
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