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:

• 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 & 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