We use our powerful thinking and creative solutions to unlock stuck projects and value. We provide rapid assessment and concept development to improve economic effectiveness. Challenge us to get your projects moving.
io issued an invitation to clients to challenge us on a field development currently viewed as uneconomic. A client supplied a field development concept which was believed to be unviable, due to, low GOR, heavy waxy oil and lack of subsurface data.
The challenge to io was to consider the processing facilities and offtake, to determine a development concept viable at sub 50$/bbl.
The application of alternative low tech know how to yield a economically viable concept at 50$/bbl using a single production well to acquire reservoir data, trucking emulsions, address technical issues, and help unlock the field development.