The multi-disciplinary composition of our reservoir team allows AGR to cover all subsurface and commercial aspects of an upstream E&P investment opportunity. Where facilities, drilling, legal or HSE issues are important, we call upon in-house established alliances with renowned companies to add to our team.
AGR has successfully applied the AVA™ process, adding value to projects and highlighting actions required to reduce project risk.
The AVA™ process is a six-step review of an asset activity plan. It is best performed in conjunction with the client’s project team. Over a period of between three and ten days and using a series of analytical tools, including force field analysis, decision quality nets, stakeholder analysis, risk matrices, risk registers and activity planning, the process challenges aspects of the project plan, such as:
- project technical definition, economic consequences of upside & downside
- commercial strategy - its ownership and translation into tactics
- resourcing, stakeholder and organisational management
- technical, commercial risk (& opportunity) identification and management.
The results of the process are captured in a report which specifies the actions required of the project team to achieve the enhancements identified and the necessary risk reduction.
The AVA™ process has been shown to add tangible value by generating better alternative development plans and by identifying specific actions which can reduce project risk.