Elemental Petroleum & New Energy Consultants is a uniquely integrated petroleum & new and clean energy in transition with world class capabilities.
We act for organisations within the petroleum and new energy sectors. Our broad coverage allows us to assist you to improve business performance through a combination of management, financial, and technical advice in the following fields:
We evaluate proposals against simple risk factors ensuring that governing bodies approve strategies that are sound, achievable, and risk covered.
We work with clients to build integrated, multidisciplinary project teams for business opportunity delivery. This may be within an existing project or leading delivery of multiple client work streams for management or board requirements.
Mergers and Acquisitions
Sale and purchase due diligence requires special skills to quickly gather, interpret and communicate the fundamental robustness of a divestment or acquisition. We have been involved in all phases of sales processes.
Asset Portfolio Management
We rapidly complete asset portfolio management with our clients by:
- Using standardised techniques for documenting assets
- Assessing the economic value of all scenarios
- Rolling up the portfolio and rationalising investment (strategy)
We have key experience in major agreements formulation, creation, and management, in both upstream and downstream.
You can access a full range of upstream subsurface, production and commercial expertise at Elemental Petroleum Consultants. This expertise is available both remotely and on site, whether that be an onshore or offshore well site, facility or client office. Our solutions achieve an integrated approach to complex tasks.
Play and Prospect Generation
- Analysing basin play drivers for calibrating field size distributions, charge types and risk causality
- Analysing both clean energy and petroleum system elements
- Analysing generation, migration and preservation
- Analysing generation potential of the source rock with 1D modelling
- Analysing generation and migration of hydrocarbon via 2D and 3D basin modelling at client facility
- Completing volumetric and risk (probability of success)
- Completing economic (expected monetary value) assessment
Techniques used for reserves assessment make use of both model and performance derived estimates, with a focus on performance derived estimates for Developed Reserves.
Our assessment and/or verification of reserves are completed in accordance with the current international best practice – and the relevant Stock Exchange Listing Rules
Field Development Plans
Gathering the best available geological, engineering, fiscal and cultural data is the first step to defining a field development plan. Well and facilities functional specifications are developed to assess the best cost and recovery trade-offs to maximise the recovery of petroleum from the discovery. When significant uncertainty remains, further appraisal investment may be required to better delineate the resource and define the risk of over or under-investment to best suit your risk appetite.
Elemental Petroleum Consultants offers a full range of geophysical and geological resources.
Our wellsite geologists understand the need for prompt reporting through established reporting channels. They are hired as much for their managerial skills as their geological knowledge; getting the most out of third party contractors, while at the same time acting as the ‘mesh’ that binds drilling and subsurface teams together for successful outcomes.
Our experienced operations geologists are all ex-wellsite geologists. They can fulfil client requirements on an ad-hoc, remote or placed (in your office) basis and assist with all facets of operations, from procurement through to end of well report (EOWR) submission.
Pore Pressure Prediction
Our team assists with both pre-drill modelling and realtime monitoring. We use the same team in the pre-drill analysis as we use to provide the realtime monitoring service, so that they fully understand the assumptions inherent to the model, with any deviation promptly recognised and reported. In addition, any on-site observations are fed back into the pre-drill model to further improve predictions for the next well, rather than being ‘lost in the system’.
Our experienced team covers off all your wireline supervision needs including contract negotiation, programme design, pre and post job calibration checks, load out verification, on site supervision, trouble shooting and invoice validation.
We provide remote ‘quicklook’ analysis for individual wells on an ad hoc basis, or sit in your office to assist with both exploration and development projects. We cover off all your wireline supervision needs.
We regularly assist our clients to better understand the financial implications of their resource options. We achieve this via Project, Field, and Portfolio economics.
Production Engineering covers the maximisation of oil and gas well production via modelling, artificial lift selection, completion design, stimulation and monitoring management systems.
Well modelling covers inflow characterisation, vertical lift performance, network analysis and artificial lift modelling. Artificial lift increases production rates and reserves. Completion design includes material selection, tubing size and safety systems including wellheads and xmas trees. Stimulation and recompletion includes acidizing, perforating, short radius sidetracks, fracturing and shut-off operations.
Monitoring production is critical to maximising recovery from a field and recommending mitigation actions to maintain high production rates. Routine surveillance, planning and gathering of data is critical to ensuring reserves are recovered quickly, and ongoing production is maintained.