The high risk investment profile of the oil and gas industry necessitates that owners and operators must choose the right strategy to ensure return on investments. Conceptual studies examine legal, technical, financial and sometimes even environmental and societal implications of different solutions.
Qualified expertise to assess project feasibility
Microsource extensive experience with modifying oil and gas facilities provides us with qualified expertise for conducting conceptual studies for projects.
Our conceptual studies are based on estimated production rates and reservoir composition. They account for process simulations, flow assurance, and loss prevention strategies, including material selection. We also include life cycle cost estimation, weight and cost estimation and business case calculations.
Conceptual studies focusing on operability
Microsource specialists focus on designing solutions that are easy to construct, operate and maintain. We provide counsel on best practices and solutions that will optimize operations, reduce costs and risks, whilst keeping down-time to a minimum.
Our services within conceptual studies cover:
• Commercial feasibility studies
• Cost & weight estimation
• Technical feasibility studies
• Process technology
• Concept definition