Field Development Planning

After exploration and appraisal phase in a petroleum field and if the discovery is a commercial one the next step is to plan how to develop the field. It proposes how a company is going to exploit the field from production and costs point of view considering environmental and governmental regulatory restrictions. It is the outcome of a complex and long process of evaluating multiple development concepts for a field and selecting the best option that successfully manages risks and delivers the greatest value.

ThEC provides the following services to our clients:

• • • Development & depletion strategies
    • Environmental considerations
    • Data acquisition and analysis
    • Geological and numerical model development and studies
    • Evaluate alternative development concepts
    • Generating production and cost profiles
    • Reserves and production forecast
    • Basic facilities requirements
    • Economic evaluation and optimization