The combined resources of the Decision FrameworksWorleyParsons team helps customers evaluate and answer a broad range of questions relevant to effective exploration and production investments. • What are the key project risks and uncertainties?
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• What subsurface realizations are pertinent to development concept decisions? • Which development decisions could be affected if the project risks and uncertainties were reduced?
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Decision Quality Approach to Field Development Decisions
title here more text • Should appraisal strategies be considered to reduce key uncertainties prior to concept selection? • What key technology gaps need to be addressed and what is the best timing to address them? • Which development concept options should be considered given the range of subsurface possibilities? • Under what conditions might an early production system add value to the field development? • How can we rationalize tradeoffs between the different development concepts being considered with respect to different decision criteria?
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A decision quality approach strategically supports critical planning issues while considering the risks and uncertainties associated with each project. This approach to field development assessment yields effective capital expenditure, enhanced project schedule realizations and optimal resource allocation.
Our integrated team’s focus on quality decision making practices supports challenging field development and appraisal planning opportunities. We offer tailored solutions for each project’s unique needs: • Appraisal planning studies
The Decision Frameworks-WorleyParsons team employs an integrated approach to provide: • An enhanced field development process with a concerted focus on decision quality
• Development concept selection studies
• Structured, detailed framing sessions that broadly cover the decision problems being solved
• Industry-leading project kick-off and framing workshops
• Efficient use of framing time through effective facilitation
• World-class decision facilitation for field development planning projects
• Use of proven industry best practices, decision processes, methodologies and tools consistent across both appraisal and development
• Joint flagship skill development training:
• Continuity of approach through all aspects of decision making in an asset’s lifecycle
• Decision framing for project management • Deepwater appraisal excellence • Decision and risk analysis field development planning
• Auditable deliverables and transparency of decisions throughout the process • Enabling informed quality decisions and clarity of action
Proprietary Decision Support Tools are Used to Facilitate Projects
WorleyParsons efds@worleyparsons.com www.worleyparsons.com
Decision Frameworks sales@decisionframeworks.com www.decisionframeworks.com
INTECSEA sales@intecsea.com www.intecsea.com