A Professional Approach to the Study of the Earth’s Interior

Subsurface management audit

The subsurface management audit performed by the GeoGrid Center can be used to substantiate managerial decisions for hydrocarbon prospecting, exploration and development projects.

This work includes the following:

  1. Develop the geological exploration (GE) program (projects) 
  2. Audit the subsurface use process
  3. Audit hydrocarbon reserves

Development of the geological exploration program (projects) includes the following:

  • Collect and analyze geological and geophysical data based on previous GE activities
  • Select and substantiate optimal GE methods, analyze and define the scope of licensing conditions, substantiate managerial decisions for activity management
  • Develop proposals as to GE optimization based on existing restrictions

The Audit of subsurface use process includes the following:

  • Analyze the results of activities performed
  • Evaluate the correspondence of the activities performed by the subsurface user to licensing agreements, activity programs (projects), requirements of applicable laws, regulations and other documents
  • Develop proposals as to the optimization of activity areas and scopes based on existing time, licensing, legal, financial or other restrictions

The Audit of hydrocarbon reserves includes the following:

  • Analyze all the existing geological and geophysical data
  • Calculate hydrocarbon reserves according to existing requirements to reserve evaluation and based on internal policies and regulations of the customer or the country of operation, as well as SPE-PRMS or SEC standards
  • Develop an independent expert opinion on the reliability of the resource base