Our systematic approach to exploration and exploration management can help you make more effective use of exploration budgets and create significantly more value through informed decision making and optimised processes along the value chain.
We bring the experience and rigour of Major oil company practice to the Independent sector. Our team has extensive experience with Major and Independent oil companies in developing and implementing exploration strategies and evaluating opportunities for access, acquisition or divestment. We have wide experience with digital and paper based data rooms and can bring this to bear for rapid and accurate evaluations and decision making advice.
We can bring this wealth of experience to provide additional capacity to your teams to help you make timely well-founded decisions.
If required, fully integrated evaluations can be supported by comprehensive analysis of commercial and legal terms including the development of custom petroleum economic models for upstream contracts.
Our proprietary oil price forecast scenarios can inform valuations for subscribers to this service (Oil Price Forecasting).
Examples of projects managed and carried out by SPI team members:
- Development of strategy for the development of a new South Caspian profit centre for BP/Statoil Alliance including evaluation of oil and gas field opportunities, development options, pipeline options, supply logistics and geopolitical context.
- Developing business plan and identifying early access opportunities for a start-up deepwater exploration enterprise, including the development of a probabilistic financial model.
- Advising Japanese, Indian and Iraqi oil companies on strategy, organisation and processes to improve performance along the upstream value chain.
