Field Development Solutions
'Working with you to identify the field development solution that maximises the value of a project and minimises the risks, utilising our world leading data and information resources and powerful project evaluation tools.' Why Field Development Solutions?
Development of the operational facilities around an oil or gas field is the single largest investment an operator will make during the lifetime of the field. A pro-active, professional and comprehensive approach to the planning stages can realise significant savings during later stages of the project life cycle.
The IHS approach - thorough evaluation and analysis for maximum value from field or asset
IHS Consulting will work with you to put together a team to realise the optimum value from your field or asset. We will identify the requirements and then select a development solution. This will incorporate new technology options, solving production, logistics, construction or local content issues and presenting the solutions to authorities and stakeholders.
Whether it is a single well extension or a super giant development, from reservoir to market delivery, onshore or in the new deepwater frontier areas, jungle or arctic conditions, we can assist from the very early planning stages through to final decommissioning ensuring that the development progresses to the optimum plan. Asset Valuation and Fiscal Analysis
IHS Consulting can provide:
- Comprehensive cost estimation from well-bore to market in any environment both onshore and offshore, including incorporation of the latest technology
- Fiscal modelling utilising the market leading AS$ET™ system
- Ability to instantly model changes in development plan or fiscal terms
- Standalone field economics through to corporate portfolio analysis
Customers will benefit by being able to:
- Rapidly and accurately estimate field development capital, operating, and decommissioning costs
- Benchmark against other similar projects and locations Understand full project life cycle costs from planning through to decommissioning
- Perform pre- & post-tax analysis of field developments using typical or contractual fiscal arrangements on a stand-alone basis or as part of a wider portfolio
- Allow rapid screening of options to ensure all possibilities are considered but effort is concentrated on those with greatest influence
Concept Screening and Selection
IHS Consulting can provide:
- Integrated reservoir, facilities and market analyses
- Experience with a wide range of conventional and new technologies in HP/HT and depleted mature fields, for heavy oil, oil and gas, and gas/condensate, both on- and off-shore, in shallow, deep- or ultra-deep water
- High-level evaluations - where the biggest impact on project success or failure occurs
- Local and worldwide knowledge of suppliers, costs, markets, and competition
Customers will benefit from having:
- Indicative field development costs
- Identification of economic project drivers
- Rapid screening of multiple development options
- Concept optimisation studies
- Benchmarks against similar projects
- Opportunity identification to match portfolio strategy
- Local access, capability and content studies
- Export infrastructure analysis and net back pricing
- Export market analysis and quantity and price forecasts
- Field development plan documentation
- Negotiation support
Field Development Planning and Due Diligence
IHS Consulting can provide:
- Master development plan submissions
- Presentations
- Negotiation support
- Data room evaluations
- Site visits and facility surveys
- Assistance with safety & environmental audits / plans
- Development plan audits / reviews
- Market and price reviews
- Business plan reviews
Customers will benefit from having:
- Integrated FDP or Due Diligence team
- Independent evaluations from reservoir to market
- Access to worldwide network of consultants for local in-country knowledge
- Data access and project evaluation tools to allow onsite evaluation
Within the scope of Field Development, IHS Consulting is also able to provide feasibility and new technology support, which will:
- Optimise production
- Optimise flow-line network
- Provide process simulation and economic impact analysis using INPRO™ and QUE$TOR™
- Compare local goods (cost, quality, schedule) with import options
- Identify future developments trends/opportunities/forecasts using IHS's E&P database
- Identify export routes, costs and forecast availability using IHS's Midstream Database
- Prepare/review business plans associated with new technologies and identify where they fit in future developments
Design management support which can provide:
- Independent advice and assistance to get the most suitable parties involved
- Continuous performance monitoring of the project and service providers
- Experience from a range of previous projects
For further information, please Contact Us. |