Today’s E&P business environment demands greater predictability in making business investment decisions.
Coaching support in conjunction with using PetroVR software for risk analysis in petroleum exploration helps identify business issues and avoid misdirected emphasis early in project lifecycles.
EP Coaching Services in 3 Phases
|Encompass all issues that can impact risk and opportunity.||Build “decision models” that include all relevant uncertainties.||Integrative modeling permits more time to explore strategy and create insight.|
Client Coaches work side-by-side to identify business issues and empower your people with the tools to move faster on opportunities, with greater understanding, and deliver more predictable decision making information.
Coaching Success Story
Recently, Caesar Systems Coaches worked directly with a client on an unconventional EOR project where the development planning team was confronted by uncertainties in scaling up a large number field patterns into a “risked-future forecast” combined with an existing production curve.
Coaches from Caesar Systems worked side-by-side on a simulation model that encompassed wells, facilities, schedule, economics and risk. Together, coaches and development team reached an understanding how to deliver on corporate production, CapEx and timing goals. Previously unquantified decision trade-offs were realized for much greater confidence. And the model was delivered within two weeks, a time period far less than expected for a complex analysis of that magnitude.