field development
Field Development consists of identifying and defining, as a system, all components required for successfully developing and operating offshore oil and gas fields. It is a multi-disciplinary task, requiring both technical and commercial skills, including subsurface, drilling, facilities, project, operations and commercial competences.
Field Development activities can occur early in support of oil companies' exploration efforts. In such cases development scenarios and costs are generated to support economic assessment of license bids or farm-in opportunities. More typically, Field Development begins following exploration success when Oil Companies commence the Assess phase of project development which, if successful, continues through to the Define phase and FID. In some cases Field Development addresses brown-field redevelopment opportunities.
Our field development capabilities encompass:
- Pre-exploration quick field development concept selection and cost estimating in support of exploration or farm-in valuation and economic assessment.
- Post discovery, multi-disciplinary development concept selection and cost estimating including economic trade off evaluations to suit needs whether it is an early production scenario, a full field development, or a brown-field re-development.
- Managing all front-end activities including coordination of multiple disciplines, cost estimating, and “total field development” if required, from concept through FID, including all aspects of Assess and Define phases of Field Development.
- Provision and coordination of Peritus SURF technical disciplines as well as of third party sub-surface, drilling, process facilities, operations, commercial, HSE and regulatory approval consultants.
- Provision of, or contribution to operators’ Field development project teams.
