Asset Development Planning

Asset Development Planning

Field Development Planning

Successful field development planning in the early project phases is essential to both identifying the potential project value and then realising that potential value. 
Best in class field development planning provides both a bridge between the identify/assess and select phases of the project development and a fully integrated approach including subsurface disciplines, wells and production technology specialisms, surface facilities engineers and also operations. In many jurisdictions a Field Development Plan is required to provide the regulator with sufficient opportunity and information to gain an understanding of the field and its conceptual development.

EPEn are experts at the preparation of Field Development Plans. We support our clients with either specialist expertise in defined areas to supplement the client team or a fully integrated team of oil and gas professionals work closely with the client to prepare the development plan. Our approach, techniques and tools are proven and best-in-class.

Developing a successful Field Development Plan involves aspects such as:

  • Data collection, Scope Definition and setting the boundaries of development planning 
  • Interpretation of 2D/3D seismic data and estimation of reserves, geological modelling and reservoir simulation

  • Development of production profiles and associated production engineering and EOR strategy

  • Opportunity Framing workshop to identify development opportunities

  • Front end study with an initial Field Layout Plan with well placement planning, surface facilities layout, export infrastructure and logistics considerations

  • Development of Risk Register 

  • Performance of Conceptual Engineering 

  • Assuring that the planning and field development plan is in line with country Petroleum Policy

  • Involving Stakeholders in high level project implementation planning and opportunity framing

  • Developing a Project Execution Plan including Contracting Strategy

  • Preparation of Development Schedule

  • Performing CAPEX, OPEX and Economics

  • Support in Asset Acquisition Support, Divestment Considerations and Valuation

EPConsult Energies specialises in supporting clients in launching successfully. 

Our clients are small independent oil companies, medium sized and national oil companies. Our multi-disciplinary teams of experts provide complete field implementation planning for offshore and onshore developments,  with an emphasis on an integrated client-consultant approach to development engineering.

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Case Study Example:

GFD/Exxon - Concept Selection Study

LOTOS Petrobaltic - Field Development Study

Heritage Oil - Field Development Plan