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A Playbook for Lifecycle Decisions


Development Excellence

A tailored package of practical decision quality software, training and consulting services targeted to ensure efficiency and value-add to development concept stage-gate decisions, from late appraisal through concept selection.

Objectives

Provides clear understanding and agreement on:

  • Key project risks and uncertainties
  • Key subsurface realizations which are pertinent to development concept decisions
  • Development concept options which are viable for the range of subsurface possibilities
  • A high-graded list of development concepts to evaluate for final concept selection
  • Remaining appraisal and/or early production systems which add value to the development concept or the optimization of the field development plan
  • Development optimization decisions which need to be evaluated to detail final sanction
  • Development sanction criteria

Deliverables


  • Remaining appraisal strategy with timeline
  • Evaluation of the final development concept selection and timeline
  • Evaluation of the development optimization decisions to detail the final concept and timeline
  • Skill set to revisit and update development strategy as needed

Workflow


  1. Framing session to understand project status and development concepts to consider
  2. Characterize subsurface realizations via scenario table workshops to screen development concepts
  3. "Frame check" meeting with decision makers to recommend development concepts to evaluate
  4. Uncertainty assessment expert interviews to characterize key project uncertainties
  5. Reliability of information expert interviews for uncertainty reduction potential of any remaining appraisal, phased development or early production system options
  6. Full-field economics for development concept selection, incorporating key risks or scenarios
  7. Development optimization mini-framings and evaluations to refine selected development
  8. "Results" meeting with decision makers to select development concept

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