Oil & Gas Specialists
Preferred Partner for the Oil & Gas IndustryOur expertise in oil and gas exploration and production (E&P), data management, and energy finance allows Numeric Solutions services to add value and assess risk for clients.
Numeric Solutions energy services include:
Oil and Gas Exploration and Production (“E&P”)
- Development and analysis and planning of upstream oil and gas projects
- Oil and gas project/prospect development and prospective resource potential quantification
- Well abandonment and remediation engineering, planning and oversight
Merger and Acquistion (“M&A”) Support
- Merger and Acquisition (“M&A”) transaction support – Engineering and geoscience and financial services for upstream project evaluation
- Due diligence support / data room integration and analysis
- Deal and capital sourcing
Carbon Capture and Storage (“CCS”)
- Carbon Capture and Storage (“CCS”) support including – field studies, technical, regulatory and financial risk assessment,
- Development of economic projections tied to storage, injectivity and federal and local tax relief & benefits (e.g., 45Q, LCSF, and GHG emissions costs avoidance)
Litigation Support / Expert Witness
- Litigation support and expert witness testimony
- US bankruptcy services including – trusteeship, corporate unwinding, financial reporting
Oil Field Remediation and Real Estate Advisory
- Well abandonment and remediation engineering, planning and oversight
- Advisory on real estate development on surface lands currently and/or historically encumbered with oil and infrastructure (e.g., wells, flow lines, production facilities)
Typical energy projects include:
- Oil and gas prospect generation for independent E&P’s
- Project uncertainty modeling for large integrated E&P’s
- M&A technical and financial due diligence services for Private Equity
- Oil and gas asset sales and acquisition
- CCS scoping and advisory for public utilities, ESG funds, and gas storage operators
- Federal and state court-related litigation support – expert witness services providing opinions on asset valuations, acting as liquidation trustee, lead asset sales and asset clean up and remediation
- Advisory to public and private real estate firms on transactions in areas complicated by the existence of energy infrastructure
- Representation of large land and mineral owners in transactions, understanding complex federal, state, and local regulatory environment and requirements
Solutions
Our collective experience in the Oil and Gas industry allow us to deliver a range of products and services that simplify the daily tasks of the people in your organization.
Information Management Consulting
We work with oil companies, government agencies and industry associations to help them establish Information Management strategies and policies, and to identify the best workflows and the best tools to improve their confidence in the accessibility and quality of data, information and knowledge.
GIS Consulting
Our expertise with Geographic Information Systems (GIS), combined with our geoscience background and knowledge of the oil and gas industry, makes us the preferred partner for oil companies that want to exploit this increasingly popular technology. We can work with you to define your GIS strategy and design your entire spatial data infrastructure.
GIS Data Packages
Western USA – a quality controlled GIS data set that covers the onshore portion of the USA. We have also developed custom exploration–ready GIS databases for clients in Asia.
Project Management
Experienced professionals are in short supply and can be expensive to have on staff. We offer exploration, development , operational and acquisition/divestiture project management giving the client added confidence and support when and where it is needed for short term or long term projects.
Exploration
- Basin studies
- Prospecting
- Evaluations
- Consultation
Development
- Reservoir Characterization
- Full field analysis
- Depletion programs
- Volumetrics
- Project Management
- Operational oversight
- Geosteering
Disciplines
- Geology
- Geophysics
- Petrophysics
- Reservoir Engineering
- 3D modeling
- Business Development
Data Management
- Data loading, project setup, seismic management, interp ready projects, data QC, custom database development and integration
- Geographic Information Systems (GIS) expertise and spatial database development.
Technical Support
- Cross discipline modeling
- Cross team modeling
- Departmental resource
- Predictive Fracture modeling
- Real-time modeling for drilling support using LWD/MWD data
User Support / Best Practice / Mentoring / Training
- Resources for established or developing EarthVision/Gocad/PETREL/RMS users
- Hints, tips, best practice, assistance, collaboration
Project Integration
- Resource within a specific project.
- Exploration data integration
- Integration within one active depository of project ideas and status
A&D
- Property acquisition evaluations
System Administration
- Installations, updates, licensing
Ops Geology / Real Time Drilling Support
- Pre drill preparation of data, uncertainty and geo model
- Follow well operations. Daily updates of data and model.
- Uncertainty analysis
- Updated model at any time
- Probabilistic volumetrics
Probabilistic volumetrics based upon an understanding of geological uncertainty and its incorporation into 3D geomodels is becoming an industry standard approach to decision making.
Team Integration
- Resource within a specific team.
- Production/development team integration
- Integration of multi disciplinary technical work
- Development and presentation of current Team “view”
- Enhance communication between disciplines
Remote Assistance and Expert Cover
- Using remote login solutions, FTP sites and portable licenses
- Assistance at any level at any time
- Emergency site visits
- Cover for holidays, maternity/paternity etc
Project Products
- Delivering interpretation ready projects.
- Project housekeeping and Database development
- Project upgrading
- Workflow generation for existing projects
Geophysical Products
- Offsite interpretation
- Fault modeling
- Fracture estimation
- Seismic attribute generation and ANT tracking
Geological Products
- Complex aquifer and reservoir characterization.
- Detailed facies modeling
- Petrophysical log analysis and model characterization
- Volumetric cases and probabilistic volumetrics
Simulation Products
- Integration products between geology and reservoir engineering
- Grid rebuilds for simulation
- ECLIPSE and MODFLOW ready projects
Integration Products
- Cross disciplinary models
- Workflow creation and advanced workflows
Evolutionary Products
- Utilizing workflows for anticipated future work
- Time saving workflows
- Work replication for uncertainty analysis
- Idea testing workflows
Interested To See How We Can Help?
Please contact us to discuss ways Numeric Solutions can assist with your next project.