THE FUTURE OF EXPLORATION (AND PRODUCTION)
The world has consumed well in excess of one trillion barrels of crude oil since the first well was drilled in the mid 19th century. Whether as a continued requirement for a growing population, as a vital ingredient in the growth and prospering of developing nations or as a key feedstock in any plans to practically develop additional energy sources, oil and gas will be in high demand for decades to come. To satisfy this need, significant discoveries of new oil and gas reserves will be required and small E&P companies will play a key role, as they always have, due to their nimble capabilities and entrepreneurial spirit.
HOW CAN WILSON ENERGY PROJECTS HELP IN YOUR E&P GOALS?
Wilson Energy Projects will utilize learnings from over 20 years of industry experience to provide exploration, appraisal and development project plans tailored to your corporate strategy. Wilson Energy Projects believes that not only it is never too early to implement an integrated and multidisciplinary approach to project planning, but that doing so at the exploration stage will ensure consideration for upside and impacts to your business model, both immediate and long term.
Wilson Energy Projects can work with your Management, Geoscience and On-The-Ground Teams to provide project development and technical resources, or supplement your existing ones, to deliver a practical project plan that both identifies the areas to maximize returns and mitigate risk within your business strategy. Wilson Energy Projects can also work to install this integrated approach into your operations execution to ensure ongoing data and learnings feedback into the project plan to allow compounding value creation throughout all stages of the asset cycle.
WHY CHOOSE WILSON ENERGY PROJECTS FOR YOUR PLANNING?
Planning is inherent to all projects within the energy sector, however, a fully-integrated approach that practically applies continuous feedback is often not implemented, or strayed from, creating unnecessary future challenges and leaving value on the table. Wilson Energy Projects is passionate about working with your Company to sustainably implement this approach into your exploration and development projects.
Implementing proper planning at the foundation of your exploration program allows the following:
- A project plan at your fingertips with full-cycle considerations to allow flexibility or acceleration in your execution plans or as a key component in your business model as you seek capital funding
- An exploration plan that is set up for success in maximizing long-term results
- An accurate and optimized window to future cash flow generation and minimized operating costs
- Risk reduction in executing future activities from capital exposure, stakeholder, HSER, results and operational perspectives
- A full picture within your Company of the process and requirements to scale from exploration through to development and operations
COMMENCING OPERATIONS? CREATE VALUE FOR THE LONG TERM
The initiation of operations and execution of the project plan provides an opportunity to introduce a practical continuous improvement approach that allows compounding returns to be realized from day one.
As with implementing a multidisciplinary approach at the earliest stages of project development, the practical application of this approach from the onset of exploration operations through to field operations allows on-the-go learnings and optimization opportunities to be efficiently circulated with minimal resources back into your planning. The key to success is ensuring that these learnings and associated data are captured from all disciplines, analyzed and inputted with an integrated approach in mind, thus ensuring maximum value creation and risk mitigation both now and in the future.
ADDITIONAL SERVICES FROM WILSON ENERGY PROJECTS
If you are not currently looking for the full scope of project development and implementation services, but still require some assistance with your operation, Wilson Energy Projects can put its 20-plus years of production operations and development experience to work for you whether it be within your current asset base or in assisting with the evaluation of acquisition opportunities:
- Suspended and producing well reviews
- Profit and Loss review - identify areas for operating cost reduction potential
- Brownfield studies - Review of wellbores and infrastructure/facilities for current operability status and optimization potential
- Wellbore optimization planning and implementation
- Scoping of both brownfield expansion and greenfield infrastructure projects to accommodate planned optimization and/or development
- Design basis preparation for all projects