Challenge
Our client required our support to develop and evaluate conceptual operational plans and cost estimates for the appraisal of an existing field in Tunisia.
Approach
We identified and evaluated three conceptual options for the appraisal of the field:
- Re-entry and test.
- Re-entry, sidetrack and test.
- Drill new well and test.
Solution
We conducted a data gathering exercise and reviewed historic records to understand the opportunity, risks and constraints. A regional market analysis was conducted to understand logistics and pricing norms, before operational plans and cost estimates were developed.
Outcome
The Telos team successfully evaluated and developed three scenarios and associated cost estimates for our client. The study was used by our client as input into their investment decisions.