Asset Evaluation

When Gazprom Neft decides whether or not to participate in a project, it conducts a detailed analysis of the asset’s economic parameters, which includes evaluation of geological parameters, potential risks, costs and development economics.

This work performed by STC experts includes evaluation of initial oil and gas in place, assessment of potential production levels, determination of optimal field development sequence, and selection of technologies. The next step is to estimate the capital and operating expenditures for the project, choose the most effective scenario, develop a financial and economic model, and calculate relevant key performance indicators.

Apart from geological and economic evaluation of new assets, STC continuously works to improve efficiency of existing projects by evaluating the efficiency of new technology deployments and proposing solutions intended to optimize infrastructure costs.

Between 2012 and 2017, STC specialists evaluated over 250 assets in Russia and abroad.