Shore up project profitability
The viability of an oil and gas project depends heavily on accurate cost estimates, equipment availability and alignment of product delivery with infrastructure options. Analysis can be plagued by contradictions because data is drawn from multiple sources. Oil and gas operators may estimate individual project phase developments without complete understanding of future CAPEX/OPEX requirements or market delivery points. Service companies may find it challenging to price offerings without knowing total associated project costs. And financial institutions can reject project funding if they have no visibility of local operating capabilities or existing infrastructure details.
IHS Markit gives customers a comprehensive, holistic perspective, providing information and expertise across the lifecycle of oil and gas field development and market supply. Find equipment availability, metrics and costs with analytical software, and get comprehensive transportation, processing and markets infrastructure data for prospect and project development with our midstream database. We can help you:
- Estimate, monitor and control costs
- Plan for major new developments and projects
- Understand regional cost trends
- Boost in-house efficiency
- Tie upstream projects to infrastructure/processing facilities
- Understand field development projects from conception to decommissioning.
