Central & Eastern Europe – OExD®

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Our client, an AIM listed E&P company, had a large acreage position onshore Eastern Europe, but limited in-house technical resources to realise the value of the acreage.

We provided an Outsourced Exploration Department™, and managed the client’s operated and non-operated assets from licence signing though the full exploration cycle.

This included:

  • Day-to-day management of assets, liaison with partners / governments, project planning and budgeting
  • Full range of exploration work across the company’s assets, including: play fairway analysis, petrophysics, core analysis, geochemistry, fieldwork; seismic planning, design, acquisition; 2D/3D seismic interpretation, prospect generation, volumetrics and risking
  • Built and maintained the companies technical databases (including seismic, GIS projects)
  • Developed and manage the company’s corporate inventory, utilising a standardised risking scheme to risk and rank prospect and leads across the company’s exploration portfolio

Working closely with the client senior management, we successfully developed new concepts, and a corporate prospect portfolio, which resulted in a discovery within a new play fairway.

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