Our team of seismic experts have a combined experience of over 100 years of seismic design, acquisition and supervision. Combined, our team has seismic experience spanning all the continents of the world. Our expertise includes;
We assist operators make well informed decisions by using deterministic models and other petroleum economic models to analyze the profitability of petroleum projects. Stochastic modeling tools are used in evaluating the risk features of projects. Economic principles underlying petroleum fiscal system and design are incorporated into an in-depth study of the economics of new projects, resulting in better decision making, effective capital budgeting and incremental economics. Monte Carlo simulation of E & P project economics and profitability is often used in these studies.
Whether bringing your first well online or managing a mature field, an operator face certain challenges. Getting to first production is expensive and time-consuming, and when you do start producing, high operating, maintenance and compliance costs are commonly experienced. And in some cases the wells are not producing at their optimum levels, but you can’t easily pinpoint why. Optimization of the production from an oil or gas field requires taking a systematic, comprehensive look at your production systems from the outside in. Our Team can provide a complete, objective and independent analysis of your production environment along with recommendations for maximizing production, reliability and cost efficiency – field wide. Our multi-discipline team of experts will help you improve production rates, equipment life and lift efficiency while reducing maintenance costs.
Created by a group of experienced industry Professionals to ensure quality services are available at cost effective and efficient rates to operators in the Oil and Gas industry in Nigeria.
© 2021 Copyright: Substrata Oil and Gas Limited, All Right Reserved.