Our client a multi-national E&P company was looking to grow its portfolio over the SE Asia region
The company was looking for a ranking and review of the best planned drilling opportunities over 8 different basins
Westwood’s Approach & Analysis
Project was primarily driven by Westwood’s proprietary database and Wildcat Service
Westwood identified the most interesting plays by basins, and provided a view on the play maturity, scale of yet-to-find resources, scale of the prospects and associated risk profiles
In addition, Westwood provided a relative benchmarking of operators’ exploration performance in each basin from 2001 to 2011
Westwood also technically ranked the most interesting drilling opportunities from its prospect database and provided a technical view of the prospectivity and associated risk factors for each of them
The Outcome & Benefit
Westwood’s approach helped to screen a very large region efficiently over a limited time period, thereby helping the Client to focus its own efforts on key opportunities in the right areas
Following the successful completion of this project, Westwood was engaged by the client to undertake and repeat a similar exercise in the Caribbean, Azerbaijan and Central Asia regions
