Economic Analysis, and Probabilistic Decision-making Process
Economic Analysis, and Probabilistic Decision-making Process
Economic analysis of based on the selected optimized reservoir development plan
Benchmark cost with similar projects on both CAPEX and OPEX categories
Evaluation of different production scenarios (performance uncertainty, start up sequencing and timing sensitivity), CAPEX spending profile and OPEX assumptions within each discipline (E&C, D&C, Resource Development, Operation, Marketing etc.)
Research value improvement opportunities, rank and prioritize these opportunities in each discipline. Study the impact of these opportunities on the overall breakeven cost of the project.
Recommend development strategies and support the probabilistic decision making process.