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Economic Evaluation

e+p offer clients an integrated service for project evaluation, management and final commissioning.

A cornerstone of our service is recognition of the importance of the accurate determination of the economic viability of a development.

A key aspect of this service is our ability to rapidly produce sound economic evaluations of the life cycle costs of any development, regardless of location, at the front end stage of a project.

e+p's solutions can deliver a rapid economic summary of development costs associated with engineering and construction through to final commissioning and operations. This includes costs associated with drilling and decommissioning. Our system will produce costs tailored for any region in the world and is backed by an extensive, global, benchmarked database. The system is quick to use and only requires basic parameters such as water depth and estimated weights to deliver an initial cost estimate. The system can be applied to both onshore and offshore projects.

In addition, to assist with further development planning our consultants are able to construct rigorous economic models to deliver an accurate investment appraisal of your prospect or conduct a review of available reserves thereby taking account of the risk associated with determining reservoir accumulations.

Our consultants are able to assist you with project investment appraisal or with prospective acquisition or farm-in proposals.

Our system together with our highly experienced consultants produces results in which a high degree of confidence can rest.