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Engineering - Allocation


Allocation metering is an area with no easy or obvious solutions. It is possible to spend a great deal of money improving metering facilities and yet only achieve a small reduction in the overall financial exposure. SOLV’s approach is to examine and propose a number of allocation methods and determine the allocation uncertainty for each method.

From the allocation uncertainty and a production forecast, we calculate the exposure of the existing and the proposed metering facilities to determine the impact on each field or partner.

SOLV Ltd has completed a large number of third party allocation uncertainty studies at the initial and later stages of field development for several oil majors.

Our approach to allocation uncertainty leads to an objective assessment of the most appropriate method of allocation. Several of our clients have made considerable cost savings by adopting our recommendations from our uncertainty assessments.

  • Reduce costs

  • Determine the impact

  • Independent advice

  • Maximise productivity

  • Objective assessment

  • Uncertainty studies

For further information or to discuss your requirements please contact us


 

To contact us email info@solv.net

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