Creating & Preserving Value in Capital Projects
By Tariq Siddiqui: Upstream EP Advisors LLC (Executive Management Consultant)
manage the phase of the project in , where opportunities are matured from lead, play, prospect to discovery.
(Petroleum Engineers & Wells engineers) usually manage the phases during ; where opportunity is appraised, feasibility of scenarios is evaluated and one concept, that is commercially viable is selected and matured in detail.
Finally, the surface manage the phase in the , where most of the Front-End-Engineering Design (FEED) is done before FID.