This paper explores concepts and strategies around field development models as well as financing avenues that will structure the capital outlay in a manner that helps improve the economic viability of deep water projects. The long cycle time for development resulting from the exhaustive Front End Loading (FEL) efforts in the traditional development models tend to deteriorate the economic value of an average deep water development.

The main areas of focus will be:

  • Field development and project delivery strategies that are aimed to deliver

    • Structural changes that aid in sustainable cost reduction for development

    • Cycle time improvements balanced against project delivery certainty

  • Non-traditional project financing strategies and models that explore:

    • Deferred CAPEX solutions

    • Field equity solutions

Keywords:
project economics, project delivery, offshore technology conference, standardization, upstream oil & gas, capex, project valuation, subsea system, contractor, efficiency
Subjects:
Offshore Facilities and Subsea Systems, Asset and Portfolio Management, Floating production systems, Project economics/valuation
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2018. Offshore Technology Conference
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