BROWN FIELD AND GREEN FIELD EVALUATION

BROWN FIELD EVALUATION

During either taking over or re-evaluation phase of an existing field, operators start assessing the feasibility of developing a prospect into a commercial development. It is at this stage that we get involved, to support the process with our expertise in Feasibility Studies and Brownfield Development Planning. The key issue at this stage in the project is to determine whether the project will generate sufficient return on investment, and this is dependent on the technology applied, intelligent engineering, risks and economics.

Assets Review

• Existing Wells,
• Existing Pipelines,
• Existing Production Satellites, Units, Infrastructure, Facilities.

Discoveries / Reserves / Resources Review

• Reservoir analysis,
• Data mining & gathering,
• Field Operational History collection,
• Reserves / Sources / Seismic Data review.

Investment Requirements

• CAPEX / OPEX Review,
• Cash Flow Analysis,
• Fracturing, Stimulation, Artificial Lift etc. requirements.

GREEN FIELD EVALUATION

During the exploration phase, operators start assessing the feasibility of developing a prospect into a commercial development. It is at this stage that we get involved, to support the process with our expertise in Feasibility Studies and Field Development Planning. The key issue at this stage in the project is to determine whether the project will generate sufficient return on investment, and this is dependent on the technology applied, intelligent engineering, risks and economics.

Requirements

• Geophysics,
• Rock Mechanics,
• Geomechanics.

Conceptual Engineering

• Different Engineering disciplines,
• Technology,
• Operations,
• Maintenance,
• Integrity,
• Schedule.

Risks

• Technical,
• Economical,
• Commercial,
• Organizational,
• Political,
• Safety and Environmental,
• Economics,
• Cost Engineering (CAPEX and OPEX),
• Life Cycle Costing (LCC),
• Benchmarking,
• Inflation, discount rate, hurdles rate, insurance,
• Uncertainties.