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Adding Value through Innovation and Planning

David Fox has an impressive record of adding value to upstream petroleum projects at every phase of their life cycle.

Some examples of our achievements are:

CheckB362.gif (662 bytes)   Facilitating the development of an 80 million barrel North Sea discovery, dormant for many years, bringing together two groups through operation of a joint 3-month extended well test employing original solutions to maximise effectiveness and reduce costs, resulting in financial self-sufficiency.

CheckB362.gif (662 bytes)   Persuading an unenthusiastic operator to develop a 100 million barrel discovery, by producing a development plan and securing agreement with other joint venture partners to ensure that the operator implemented the plan. The outcome substantially exceeds the operator’s original expectations.

CheckB362.gif (662 bytes)   Acquisition of an operated interest in a 30 million barrel North Sea oil discovery and realisation of a low-cost and low-risk solution to its simultaneous appraisal and accelerated development.   Meets the company’s key objectives of adding value and increased operatorship.

CheckB362.gif (662 bytes)   Strategic planning for the New Ventures division of a large oil company.

CheckB362.gif (662 bytes)   Negotiation (as Operator) of three unitisation agreements in the UK; each was achieved against tight deadlines.

CheckB362.gif (662 bytes)   Negotiation of a contract, with minimum capital investment, for production from a 30 million barrel oil field.

CheckB362.gif (662 bytes)   Negotiation of the fiscal and engineering aspects of international exploration and production agreements - e.g. in Algeria and Madagascar, where the results are among the most fiscally attractive within those countries.

CheckB362.gif (662 bytes)   Compiling and publishing a 6-volume report comparing and critiquing fiscal terms and the economics of oil field development in 116 countries around the world. Still used by the industry and attracting buyers.

CheckB362.gif (662 bytes)   Planning, designing and supervising a 5-well drilling and testing programme to appraise an onshore oil discovery in Egypt. Completed on time and within budget.