IPRES provides support to oil and gas companies' decision making processes throughout the upstream value chain in order to maximise asset value

We have an experienced, integrated consultancy team with wide international experience in handling all types of technical and economic data with the full range of uncertainties and risks. These include exploration risk, multiple geological and geophysical interpretations, drainage mechanisms, recovery factors, drilling time and cost, phasing of new infrastructure, process and transport capacity constraints, scheduling, planned and un-planned events and other important factors which may further complicate the picture. In addition commercial factors and fiscal terms are accounted for.

The team approach provides a thorough understanding of the key technical parameters and their discrete and collective impact on project economics.

The advisory team uses the efficient and consistent work processes within the advanced IP Suite of software tools to systematically analyse uncertainties, risks, sensitivities and options on any upstream investment project. In addition the software programming group can implement customised functionality to cater for special client requirements.

We undertake and support integrated projects along the entire upstream value chain from exploration to end of field life.

The range of IPRES service projects includes:

Exploration

Field development

Re-development projects

Production forecasting