Conducted an in-depth review of an engineering and geological study of a coalbed-methane area. A large U.S.-based international oil and gas producer originally conducted the study to assess the potential for further development.
Furnished management advisory services to a major utility company for the importation of western Siberian gas production and to determine the potential economics of field development.
Field studies for Exxon operated BEB fields include the following fields: Ruehme, Bodenteich, Hankensbuettel, Leuben LW, Nienhagen, Georgsdorf, Ruelemoor, Eldingen, Aitingen, Bramberge, Lastrup OST, Lastrup West, Sidenburg, Eich, Meppen Scheff, Barenberg, Grob Lessen, Sulingen, Wehrblock and Weitingsmoor.
Other Germany fields:
A-6A (Block A-6)
Performed a detailed reservoir study using 3D seismic, geological subsurface data and extensive historical well-performance data to identify infill drilling prospects in a highly complex, faulted reservoir. Also, estimated the reserves for existing wells and proposed infill locations and recommended procedures to optimize secondary-recovery techniques.
Prinos, North field
Analyzed 3D seismic data and limited subsurface data to determine optimum locations for drilling into the Prinos north structure. Developed 3D numerical simulation model to evaluate the performance of an extended-reach horizontal well producing heavy oil.
Performed reservoir engineering and geological studies of numerous fields in the North Sea. The preponderance of these studies has involved the determination of oil and gas reserves. These evaluations have served as the basis for purchases and sales of properties and development financing. Studies have also been used for reservoir-management and field-development planning.
United Kingdom North Sea
Argyll field (Block 30/24)
Prepared a fieldwide reserves study for a U.K.-based producer. The study incorporated seismic and subsurface geological data together with well-performance history.
Evaluated several small, unexplored structures through seismic analysis and analogy to nearby producing blocks for a large U.S. independent producer.
Brae field (Block 16/7)
Appraised the leasehold interests of a U.K. producer in connection with a proposed divestiture to a U.S. producer.
Bruce field (Block 9/8A)
A detailed field study was prepared at the request of an investment banking firm that represented an international industrial corporation as a potential investor.
Caister field (Block 44/23)
Prepared annual reserves studies for several years for both U.S. and Canadian clients. These studies have served as the basis for bank loans, regulatory reports and the acquisition and sale of interests.
Moray Firth field (Block 11/30)
Prepared a reserves study as a basis for developing a field exploitation plan.
Ninian, Harding and other fields
Performed detailed audit of 11 fields in various stages (primary and enhanced recovery) in U.K. North Sea for possible merger. Analyzed effects of pressure maintenance, reviewed geophysical data, analyzed well logs and fully reviewed field performance. Reviewed deterministic and probabilistic reserves assessments of seller and seller’s consultant. Projected future oil and gas production for each field by reserves category and risk. Provided advice on future development, including well locations and downside risk. Analyzed future development costs and sensitivity to oil price in this high-operating-cost environment.
Evaluated the interests in numerous blocks and fields in the U.K. owned by a producing affiliate of a large U.S. natural gas pipeline. The independent reserves certification was used in connection with a divestiture of producing properties and unexplored prospects. The fields included Beryl A and B, Montrose (Blocks 22/17 and 22/18), Fulmar (Block 30/16), Hutton (Blocks 211/27 and 211/28), N.W. Hutton, Leman (Blocks 49/26 and 49/27), Inde and Valhall.
Other United Kingdom North Sea fields
Beryl A and B
Norwegian North Sea
Ekofisk (Block 2/4), West Ekofisk (Block 2/4) and Cod (Block 7/11) fields
Prepared engineering studies to serve as the basis for determining optimum production rates.
Statfjord (Blocks33/9 and 33/12), Tor and Murchison (Block 33/9) fields
Prepared an evaluation study of certain interests in these fields in connection with a divestiture.
Other Norwegian North Sea fields:
Netherlands North Sea
K-10, K-11, K-13 and L-10 fields
Prepared annual reports on these fields for several years until the interests were sold. These reports were based upon detailed geological and engineering studies.
L-10/11 and K-9/10/12 fields
Performed log analysis and material-balance studies.
Block P/6 field
Evaluated numerous reservoirs for a U.S.-based producer.
Bergen and Rijn fields
Reviewed these fields plus five unnamed discoveries on behalf of a European bank for a loan for field development by a major oil company. The client bank was acting on behalf of a large syndication of international banks.
Other Netherlands North Sea fields
Kotter (Block L16A)
Logger (Block L18B)
Perform annual evaluation of reserves for a U.S. corporation with Polish operations. Also conduct management advisory services for a banking consortium concerning the importation of western Siberia gas production.
Analyzed exploration potential for the southern portion of Romania to determine the possible commercial participation by various investors.