Exploration & Resources Evaluation


  • Detailed assessment of acquired license areas and analysis of available seismic (2D & 3D), petrophysical and drilled well data and regional geological data.
  • Preparation of work programme and budget.
  • Determining and detailing the scope of work and technical requirements for each stage of exploration i.e. from seismic data acquisition to interpretation of G&G data.
  • Prospect evaluation and ranking.
  • Identification of service providers and contractors, preparation of EOI & tenders, establish rate reasonability and assist in negotiations at each of the exploration stages.

Resources Evaluation

  • Determining parameters for assessment of in-place hydrocarbon volumes and compute geological resources and oil and gas reserves.
  • Reserves Determination and categorization.
  • Reserves Verification and Classification.
  • Perform reserves evaluations on probabilistic pattern to be used as the basis for sales, loan or company financial statements.