OIL AND GAS

Trustworthy has carved out a special place in the Oil & Gas Sector and is recognized as one of Top Oil & Gas Consultants in India.

Trustworthy provides Technical Consultancy to ONGC and  other leading organizations such as GAIL, PwC, KPMG, SBI Cap, and other public and private sector companies.

Trustworthy also provides consultancy services to entrepreneurs & investors participating bidding for OIL and Gas Fields, Farm-In and Farm-Out. It has assisted prospective bidders in Discovered Small Fields (DSF Bid Rounds- I, II and III), ONGC Production Enhancement Contract (PEC), and Special CBM Rounds 2021 & 2022 through Technical Evaluation and ranking on our proprietary tool TRUST20@DECISION MATRIX of Fields/ Blocks on offer.

 

OUR STRENGTH: DOMAIN EXPERTS

Trustworthy has a rich pool of over 25 Domain Experts in all areas of Oil & Gas, and Coal Bed Methane (CBM), and includes Geophysicist, Petroleum Geologist Reservoir Engineer, Reservoir Engineer, Evaluator of Acreages, Petro physicist, Geo-Chemists, Subject Matter Experts in Drilling & Well Services, Production Management, Unconventional Hydrocarbon, CBM, Petroleum Economist, and Financial Analyst. Most of our experts have hold the senior positions such as Director, and Executive Director in ONGC, ONGC Videsh, MRPL, Vedanta Cairn, Reliance, Essar, and other oil gas companies in India & Abroad.

Our services and solutions support oil and gas companies in the following areas:

  • Technical and Financial appraisal

  • Commercial & Legal due diligence

  • Valuation of Assets

  • Preparation and vetting of Field Development Plan (FDP)

  • Preparation/ Review of Bidding Documents

  • Advisory and hand holding support for Discovered Small Fields Rounds  till production commencement

  • Advisory and hand-holding for bidding for E&P acreages in  the Open Acreage Licensing (OALP) Rounds  under new Hydrocarbon Exploration Licensing Policy (HELP)

  • Support for Consortium and Joint Venture formation

  • Support for Farm-in / Farm-out

We also undertake Merger & Acquisition (M&A) Advisory services including (i) Technical due-diligence and (ii) Financial, Taxation and Legal due-diligence, for the acquisition of upstream E&P field either through farm-in route or bidding.

Some of Oil & Gas assignments carried out recently include:

  • Field Development Plan (FDP) of Offshore and Onshore Fields Reviews
  • Techno-economics of an oilfield service company
  • Technical & Financial Assessment of Discovered Small Fields (DSFs)
  • Report on Project Financials of oil exploration and development fields.

  • Vetting of Redevelopment Plans for Mature Fields

  • Production Enhancement Contracts

  • Technical Assessment of CBM Blocks