If a quick turnaround technical and financial evaluation of the (enhanced) productivity potential of a field is required, including a rough well plan layout, stimulation plans, lower completion choices and NPV calculations, Fenix has the expertise and efficiency to do this. Normally the static model part of the evaluation is left to another party and we use that as a starting point to develop a drainage plan. If more time is available we can work out the plan in more detail.
Reserves Estimates / Due Diligence
More and more Reserves Classifications are becoming Recoverable Reserves Classifications when going to tighter formations. That, in the end, is the interesting number.
And the recoverable portion is very much a function of well completion and recovery enhancement options selected. Fenix Delft has the expertise to perform efficient and accurate independent estimates of these recoverables. In preparation for audits, or in case of a due diligence, we are competent to assist E&P companies and investors. We do this based on sound knowledge and experience, as well as pragmatic approaches, with an eye for both technical and commercial perspectives.