Exploration and development Group
- The Exploration Group can provide direct assistance ranging from providing assistance to companies wishing to increase their portfolio in the screening of new opportunities through to evaluating specific license round, block or field scale exploration or farm-in opportunities, including a full range of asset evaluation tasks.
- Each project is tackled differently and is driven by a wish to assist the client attain their goals in the specified timeframe.
- We provide assistance in both physical and virtual data rooms, providing a tailored team of geologists, geophysicists, engineers and economists to help support evaluation. Data rooms typically require a fast turnaround from initial evaluation to final report and our team provides an independent view of the acreage on offer.
- Terra Petroleum can provide a detail in depth Field Development plan (FDP)
- The work includes data validation, review of all available data (stratigraphy, sedimntology, petrophysics, rock physics , geochemical and regional structural setting) and build a conceptual geological model. Review seismic interpretation and tie to the conceptual geological model, supervise the input data to the PETREL to insure accurate input to build the geological model for simulation process and estimate the realistic reserves. Supervise the economic model for IRR and NPV for CPR report.
