OUR APPROACH & TRACK RECORD
BRT takes a holistic approach in its projects, based on the idea that success in E&P requires multiple elements to come together simultaneously (see chart at right). Tools and technologies, while important, are insufficient to ensure success, which depends largely on knowledge and experience as well as key human characteristics which our Team possesses. We put an emphasis on creative thinking and the development of new solutions, rather than applying a pre-defined set of knowledge or workflows.
Elements of Successful Exploration, compiled by Mike Forrest and Allen Bertagne following discussions with E&P experts (The Leading Edge, January 2020, p.10)
We view every assignment from different perspectives and are particularly focused on uncovering hidden risks and creating new upsides. This is achieved by careful review of the data provided and when applicable, through the use of advanced Seismic methods as well as extensive databases
We realize that our clients often face tight deadlines and need “the time not the details of how the watch is made.” Clear, concise, communication, allowing improved operational and investment decisions are a cornerstone of our Services.
Evaluation of newly launched petrophysical/seismic software and Marketing recommendations
Identification of water injection targets in the western Midland Basin
Identification of prospective locations and horizontal well design in the Wolfcamp and Bone Spring of Southern Delaware Basin
Prospect generation in St Landry LaFourche and Terrebone Parishes, Louisiana
Independent third party evaluation of Prospects in Texas and Louisiana Gulf Coast and Gulf of Mexico
Independent 3rd part Evaluation of the Prospect Inventory of a Nigerian offshore Operator
Independent evaluation and participation recommendations for 2015 Atlantic Margin Licensing Round, Ireland
Prospect generation in deepwater Gulf of Mexico
Regional Analysis and Prospect Generation Offshore Colombia using 2D & 3D data
Responsible for the Divestiture of the Bullwinkle Field (subsurface Team Leader). Closed in February 2010 with Superior Energy Services.
Farmed out the Sam/Nirvana prospect to DGE, resulting in a discovery in MC
Responsible for the Divestiture of 12.5% WI in Bigfoot discovery ($400M)
Farmed out the Sargent prospect to Deep Gulf Energy resulting in a new discovery in the Auger area
Farmed out part of the Clearwater Prospect to Ecopetrol resulting in a lowering of Shell's exposure on a higher risk-higher reward exploration opportunity. This project marked Ecopetrol's entry into the GOM
Designed a technical and business strategy for Marex to maximize the value of its acreage holdings in the Aquitaine Basin of France.
Independent analysis of a discovery in the Sichuan Basin and generation of new exploration prospects
Independent evaluation of the Lankahuasa discovery offshore Mexico and generation of new exploration prospects
Generated exploration prospects for Unocal, offshore Texas, using a risk-based business model
Independent Advisor to Enterprise Management on the value of its GOM exploration portfolio. The Company eventually sold its GOM assets to Shell.
Independent advisor to Noble Drilling top Management as they decided which Mariner GOM exploration prospects to participate in.
Independent advisor to Halliburton as they decided which McMoran exploration prospects to participate in.
Responsible for divestiture of Petrobras' shelf acreage and fields. The package, consisting mostly of mature assets, was ultimately sold to ATP. The transaction provided cash for Petrobras to launch their expansion into the deepwater GOM.
Independent advisor to Noble Drilling as they decided which Noble Energy GOM exploration prospects to participate in
Advisor to MCX during their entry into the GOM. This resulted in the company selecting a focus area and initiating exploration activities in the GOM. MCX currently produces 7000 boepd from the GOM
Independent evaluations of Gulf of Mexico discoveries to allow Management to decide whether to develop a new FPSO-related business (Morpeth, Alleghany, Entrada, Boomvang)