Enhanced Field Development Solutions GAINING INVESTING WISDOM AND SUCCESS WHILE LIMITING MAJOR SETBACKS Operators and partners must make huge investments that depend on the ability of decision makers to have a solid grasp on a wide range of complexities and uncertainties that extend from deeply hidden hydrocarbon fluids through the vagaries of shifting public policies. Leaders expect teams will recognize and address the issues to generate clear path forward recommendations in ways that assure consistently rewarding realization of opportunities.
Enhanced Field Development Solutions (EFDS) Consulting brings together experienced subsurface, infrastructure, and financial professionals equipped with proven processes and tools to help your teams benefit from ready adoption of Quality Decision Making practices – the kind of practices that enable efficient application of resources and achievement of best in class performance. Bringing capable thinking to structured and disciplined evaluation of technical and nontechnical aspects of all opportunities will allow your company to high grade a global growth investment portfolio.
Legal & Regulatory Environment Market Conditions Corporate Goals
Project Success
Competition
Social License Technical Challenges
Resources Cost & Availablity
Site Specific Issues
Structured Decision Making Alignment
Framing
+ define non-technical • Clarify the decision context factors (risks / • Define objectives and alternatives uncertainties) • Understand technical risks / uncertainties Investigation
Concept Development
• Develop and screen alternatives • Preliminary design / estimates of costs, benefits and technical risks Decision Support
Evaluation
• Evaluate technical and commercial trade-offs • Identify robust solutions
+ produce outputs related to nontechnical factors
+ use tools that quantitatively evaluate influence of nontechnical factors