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HCS has deep technical expertise, capability and experience to assist clients with conceptual studies and development planning. Our sub-surface team covers the complete range of Geo-science and petroleum engineering disciplines, and, many of our team have previously been employed with oil & gas companies which brings the added benefit of integrated thinking - a powerful combination and an essential component in the development planning process.
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Typically, the consultant initially conducts a screening study of the field(s). The culmination of this work identifies, recommends and prioritizes potential target reservoirs for further study and possible development.
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After the consulting firm conclusively identifies one or more potentially favorable candidates, it estimates future recoveries in a base case chosen by the client and prepares associated cash flows.
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Our forecast scenario cases, which include optimal development plans, are presented on a summarized basis with detailed tables for individual wells available in an easily accessible digital/electronic format. Those forecast scenarios may include potential re-completion candidates, infill or extension drilling including vertical and/or horizontal wells, water injection or tertiary recovery and field facility/operating constraints.
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Our field development plans also provide guidelines for proper development and implementation. HCS identifies field-development life cycles and recommends operational strategies to maximize rates of return and minimize over development. A major tool to guide field development planning is dynamic reservoir modelling.
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We support our client in the following projects: