Section of the Oil & Gas Division of Huddleston Energy plans, finances
and constructs turn-key projects for the International oil & gas industry,
both upstream and downstream. We arrange finance for studies
and delineation drilling during the appraisal phase. We arrange
finance for the construction and development drilling phase.
We operate the project from start-up to abandonment. We execute
upstream work in both phases in exchange for equity (farm-in).
investors will fund projects that create a good return on investment.
Development plans for ventures where the technology, markets and economics
are clearly understood, viable, and presented in a professional manner
lead to rapid approval. The development plan, including techno-economics,
is the key to project funding and essential to the successful management
of the engineering, procurement, construction and delivery of the project.
HOW DO WE
Energy will negotiate a cost-plus-success-fee contract with you for the
appraisal phase of the project. The appraisal phase culminates in
Commercial Sanction for the field. We follow the Commercial Sanction
with a turn-key contract for the construction and deveopment drilling phase.
At the start
of the appraisal phase, our professional engineers and economists first
undertake a review of your data to see if sufficient information is available
to achieve Commercial Sanction. If not, a program of studies and/or
drilling will be planned, budgeted and executed to acquire the additional
Next a development
plan is produced. This plan is the basis for the Comercial
Sanction and funding. The development plan specifies all reservoir,
drilling and facilities technology and expenditures. It provides
details of all commercial agreements required to produce, transport and
market the hydrocarbons. It quantifies the project net cash flow
economics from the capital expenditure, revenue and operating cost calculations.
It generates key economic indicators such as return on investment, payback
period and net present value. The sensitivities of the economic indicators
to changes in the Capex, market, prices, etceteras, and a risk analysis
to set project contingencies, are also parts of this business package.
is declared and project finance is approved, we begin engineering, procurement
and design of the planned systems and equipment. Construction
of the plant facilities, commissioning, start up and acceptance tests are
completed before turnover to you. We can arrange a production management
contract to operate the project on your behalf.
record of over 259 projects demonstrates our experience with development
plans, and the management skills needed to deliver world-class project
If you are
the owner or partner of an undeveloped oil or gas asset, contact Huddleston
Energy immediately for a discussion and review.
+44 79 262 444 18, or e-mail: firstname.lastname@example.org