PRE FEASIBILITY & FEASIBILITY STUDIES
PSE provides broad-based and detailed technical advice to clients across the upstream, midstream, and downstream sectors of the oil and gas industry using a multi-disciplined taskforce approach. PSE’s experienced staffing and systems provides integrated solution and our methods which are specifically designed to meet the technical, strategic, and commercial requirements of a project’s objectives.
The Preliminary Feasibility Study is a low budget investigatory document largely based on test work grades, recoveries and assumed data for the proposed project. The objective is to establish an initial appraisal of the technical and financial viability of a proposed project looking at possible processing options with sufficient accuracy for the client to justify proceeding to a full feasibility study. PSE provides a formal analysis of the predicted technical, economic and financial viability of a project and estimates cost to a precision of +/- 30%.
Following an optimistic preliminary feasibility study, more accurate design criteria are established in Full Feasibility studies to update the accuracy of cost estimates. In a definitive study PSE achieves an accuracy range of about +/-10 to 15% by investigating the technical, economic and financial viability of the project to a type 2 estimate designation. PSE has capability to provide Pre Feasibility as well as Full Feasibility studies for following areas,
- Upstream Projects – Exploration, Processing, storage & Production in Oil & Gas, Heavy oil & Bitumen area
- Midstream Projects – Petroleum Refining, pipelines and storage terminals
- Downstream Projects – Petro-chemicals & chemicals