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ACE.Accelerated conceptual engineering

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Accelerated Conceptual Engineering– A process for quick, cost effective

technical and economic evaluation to assist in upstream development decision making

– An integrated engineering process, managed by experienced project and discipline engineers, with selected utilisation of specialised software tools

What is ACE?

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OperatorProspect or discovery

Assess economic viability Assist decision on exploration/appraisal well

Appraise Model, evaluate and compare alternative field development options- Test technical feasibility- Test economic viability

Select Improve technical definition of selected options Evaluate and compare sub-options

Area development evaluation and planning

Brownfield modifications evaluations

Non-operatorAudit and benchmark

Investment and financeAssess potential development value

What is ACE used for?

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Description

ACE: Wells(PCOilplan)

A drill centre planning tool to help determine suitable locations, with realistic well plans that satisfy anti-collision constraints while minimising development costs and accessing targets.

ACE: Facilities(OGM)

An industry standard facilities design tool used to develop complete technical definition and capital cost estimates for oil and gas development projects

ACE: Integration(Enersight)

A sophisticated planning and economic modelling tool for field development and operations, identifying well phasing, rig utilisation and ullage constraints and tax implications

ACE: Flow assurance(Maximus)

A compositional thermal hydraulic steady state flow assurance tool that models multi-well systems and pipeline networks from reservoir to process plant

What tools are used in ACE?

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When is ACE applicable?

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ADIL ACE process flow

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It is an integrated, multidiscipline, team approach Experienced people using the best industry tools Facilities definition and cost estimates are engineering-

based Increased confidence levels compared to assumption

based cost estimates Delivers robust outcomes quickly, saving many

hours/weeks compared with traditional methods Presents data clearly and concisely to support decisions to:

– move to the next stage, or– recycle or cancel or defer or sell

Enter FEED with fewer decisions outstanding

Why use ACE?