The Scotia Group, Inc. Our clients include major and independent oil companies, financial institutions, government agencies, and the legal community.
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Economic Evaluation & Risk Analysis

Today's business environment dictates that each investment be carefully studied and economically evaluated, not only from a base case viewpoint, but also in terms of sensitivity to a variety of internal and external parameters. The ability to quantify the effects of uncertainty in an evaluation, as well as to account for the project risks, represents a powerful strategic advantage.

Scotia has developed, or has access to, a variety of economic and risk assessment models, capable of handling most oil field problems.

These include:

  • Exploration drilling EMV risk analysis and decision tree models supported by proprietary drilling statistics databases to provide the necessary reality checks against empirical risk assessments.
  • Numerical grading scheme models for use in frontier evaluations and as a technical check list of controlling parameters.
  • Domestic (MASTER) and International (ISPM) cash flow models. The latter includes capability to handle most foreign model contracts and includes U.S. tax implications, risk weighting and consolidation of entities at various levels.
  • Play level risk model development using Scotia's proprietary RESWIZTM package, including conventional and unconventional reservoirs and use in reserves growth settings.
  • Capability to perform economic sensitivity analysis in a fraction of the time needed by commercial economics packages due.
  • Reserves class risk-weighting capability to derive acquisition bid values.

Economic Evaluation & Risk Analysis
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