Oil and gas exploration and development are highly complex activities with high techno-commercial risk. Even after confirmation of hydrocarbon resource via appraisal it is still crucial to perform an adequate assessment to ascertain whether a discovery is commercially attractive.
To support oil & gas field development we can deliver:
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Oil feasibility studies
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Gas Feasibility studies
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Competent person reports
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Due diligence reports for oil and gas field development
Our Oil & Gas Feasibility Studies typically involve:
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Establishing scope, objectives and terms of reference for the study
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Developing a study basis including oil & gas development data, well site PVT data analysis, etc.
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Review of subsurface exploration results
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Performance of geology, reservoir engineering and production engineering
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Consideration of EOR techniques, e.g.: water injection, steam injection, gas lift etc.
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Establishment of base drainage scenarios and production profiles
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Performance of development engineering
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Production facilities definition and separation facilities definition
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HSE screening
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Oil and gas risk assessment
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Development schedule
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CAPEX, OPEX and oil and gas economics
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Recommendations
EPConsult Energies has excellent people and excellent systems – which forms the foundation of solid advice to our clients.
Case Study:
Suncor Energy – Block 15/18A – Feasibility Study – UK North Sea