QUE$TOR™ Offshore - Oil and Gas Project Cost Analysis Tool
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QUE$TOR™ Offshore Overcomes the Challenges of Project Cost Estimation for Offshore Structures
QUE$TOR provides project modelling, evaluation and a decision support system for global application in the oil and gas industry. It is the industry standard tool for cost evaluation and concept optimization of new oil and gas field developments.
It enables the user to estimate and run sensitivities on the CAPEX and OPEX of alternative fieldplan development.
QUE$TOR delivers:
- Proven system for screening studies, prospect evaluation and concept optimisation
- Up-to-date worldwide cost and technical databases (which can be easily copied and edited) and models alternative contracting strategies
- A rapid consistent approach to global project evaluation
- Complete life of field costs, CAPEX and OPEX
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QUE$TOR provides a consistent methodology for cost estimation to support development cost plans and project cost control. The detailed technical algorithms and regional databases used by QUE$TOR saves thousands of hours by eliminating the need for original research by cost estimators and leverages IHS basin data as a start point.
At the heart of QUE$TOR are cost and technical databases (user accessible and built on Microsoft Access) covering all producing regions of the world. These databases are updated every six months with costs gathered from actual projects, fabricators, vendors, service companies etc. QUE$TOR has been benchmarked against actual project costs and is continuously developed to reflect the latest changes in technology.
Using primary input data (recoverable reserves, reservoir depth, water depth, etc leveraging IHS basin data) QUE$TOR generates a production profile supporting the development concept and design flowrates. The program then sizes facilities, pipelines, and substructures and calculates capital costs, drilling costs, operating costs, and abandonment or decommissioning costs. These costs are then scheduled to provide project cashflows. From field level input to the cost estimate, QUE$TOR requires only 2 seconds using the proven detailed methodology algorithms.
QUE$TOR provides the oil and gas industry with management-quality reports. These reports can be printed or exported to spreadsheets for use in cost control further cost engineering analysis. Project cashflows can be imported into AS$ET™ for post-tax economic analysis.
QUE$TOR Offshore includes data to support cost estimates for the following components:
- Topsides: from simple wellheads to complex Drilling, Production, Quarters (DPQ) platforms.
- Jackets: lightweight structures and conventional 4, 6 and 8 legged jackets, caissons and guyed towers.
- Gravity Based Structures: options for conventional condeep and slimline monotower designs.
- Pipelines: infield flowlines, export pipelines, multiple riser types and tie-in options.
- Offshore Loading Buoys: CALM Buoys, SALMs and Floating Loading Platforms with an option for storage.
- Floaters: options include Semis, FPSOs, Spar Buoys and Tension Leg Platforms (TLPs) mini Tension Leg Platforms (TLPs).
- Drilling: options include fixed or mobile drilling rigs, multiple well profile types and multilaterals
- Subsea: includes for templates, clusters, manifolds, flowlines and risers.
If you need cost estimates to evaluate concept selection, provide feasibility studies, or perform cost control for oil & gas projects, call IHS at +44 (0) 1666 501226 or Contact Us Online for more information about the capabilities of QUE$TOR Offshore and pricing.
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