PROJECT ECONOMICS FOR FIELD DEVELOPMENTS IN UK AND DENMARK

ECC was engaged by a small E&P company over a period of two years to run the project economics for its operated field developments in the UK and Danish sectors of the North Sea. ECC provided a range of services throughout the appraise and select phases of the projects including:

 

• Built comprehensive discounted cash flow models reflecting the prevailing tax provisions in each country.

 

• Worked closely with technical and engineering teams to generate suitable development scenarios for analysis.

 

• Conducted rigorous economic analysis and sensitivity tests to establish project viability and optimise selected development concepts.

 

• Analysed unconventional financing methods as the basis for negotiations with potential backers.

 

• Provided economics support during third-party access negotiations with infrastructure owners.

ECC was instrumental in achieving partner support for the select phase of the project. The assets were subsequently sold to a larger independent E&P company with expertise in taking fields to production.