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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.
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Reduce costs
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Determine the impact
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Independent advice
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Maximise productivity
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Objective assessment
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Uncertainty studies
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For further information or to discuss your
requirements please
contact us |
