FIELD DEVELOPMENT STUDIES & PEER REVIEWS

RISC is able to contribute extensive experience to clients in the arena of Field Development Studies & Peer Reviews, the following assignments demonstrate RISC’s capacity:

• Field development studies for LNG project supply, Australia.

• Independent review of subsurface development plan for pinnacle reef development, Philippines.

• Participation in project gate review for offshore oil development, Australia.

• Development of best practice reservoir simulation guidelines for major Australian listed company.

• Preparation of probabilistic cost estimate for FLNG development.

• Participation in upstream project gate review for CSG-LNG project, Queensland, Australia.

• Preparation of a Field Development Plan for a billion barrel viscous oil field (Sudan).

• Development planning and economics of an offshore discovery in the Yellow Sea (China).

• Evaluation of a CSG pilot project performance and commercialisation potential in the Galilee Basin, Queensland

• Independent evaluation of producing and non-producing conventional and CSG properties in the Cooper Basin, Australia

• Conducted a screening study on a major offshore gas discovery in central Asia to evaluate LNG, pipeline, and CNG marketing options (Myanmar).

• Static and dynamic modelling of CO2 geosequestration in conventional gas and aquifers in the Carnarvon Basin, Australia

• Independent review of Field Development Plan for an offshore oil and gas development resulted in cost and risk reductions (Malaysia).

• 3D geological/reservoir modelling and subsurface development plan for marginal offshore clastic and carbonate oil rims (Australia and Indonesia)

• Preparation of appraisal and development strategy to commercialise a Central Sumatra gas discovery.

• Independent review of the development planning and economics of a large onshore gas field in PNG.

• Facilitation of “technical limit” cost reduction exercise at commencement of FEED for major offshore development.

• Assessment of potential development options of a multi-TCF gas discovery in Australia.

• Retained as on-call advisors for a number of ongoing appraisal/development projects.

• Project managed and provided sub-surface team to prepare the Development Plan for an onshore waterflood project onshore China.

• Led multidisciplinary team to revise gas field sub-surface model and assess infill drilling opportunities in mature fractured carbonate gas field in Australia.

• Peer review of client’s evaluation of a major exploration and production acquisition opportunity.

• Independent external review of large Indian onshore oilfield development project on behalf of the board prior to project sanction.

• Peer review of resources, costs, project management and staffing on behalf of Operator of complex Indonesia oilfield development.

• Audit of economic model for investment in downstream infrastructure.

• Audit of operator 3D geological models and uncertainty assessment for offshore oil development.

• Independent milestone review of viscous oil rim resource estimates, uncertainty assessment, subsurface development plan and production forecasts prior to project commitment.

• Audit of project and corporate financial models employed for the valuation of inter-venture gas field developments for equity divestment.

• Independent review of 3D seismic processing and interpretation report following infill drilling failure.