oil

Capital Debottlenecking Opportunity Debated for Four Years, Brought to Resolution in Six Weeks

Capital Debottlenecking Opportunity Debated for Four Years, Brought to Resolution in Six Weeks

A senior oil & gas operator was seeking to debottleneck an offshore gas development through a brownfield capital project. Over the course of 4 years, the local team had twice developed, and then rejected, proposed design concepts because they were only marginally economic. Having entered a period of increased cost scrutiny, the concept development team needed to either come up with a third (and miraculously stronger) design concept in a hurry or abandon their expansion plans.

Breakthrough Reduction in Sustaining Capital Costs Assures the Future of a Flagship Oil & Gas Development

Breakthrough Reduction in Sustaining Capital Costs Assures the Future of a Flagship Oil & Gas Development

An energy major was seeing deteriorating economics in one of their upstream oil & gas developments. The cost of their sustaining well pad program, which was required to bring new reserves online as current reserves were depleted, was steadily rising, threatening the development of future growth phases. The increase appeared to be somewhat linked to market prices. However, it had also become clear that healthily challenging the legacy pad design, performance requirements, and technical standards to produce a better, simpler, and cheaper design was much harder that the organization had first thought.

A top mining operation goes beyond benchmarks to reduce its cost per ton by over 10%

A top mining operation goes beyond benchmarks to reduce its cost per ton by over 10%

A large open-pit mining operation needed to reduce costs, but a competitive benchmarking study had shown they were already the best among their peers in overall performance. Rather than being satisfied with this, the mine team knew their current performance was still not enough to meet their organization's expectations. They called in Stroud to help them go beyond the benchmark.

Oil and Gas Facility Doubles Output by Finding Opportunity Where None was Believed to Exist

Oil and Gas Facility Doubles Output by Finding Opportunity Where None was Believed to Exist

An upstream oil & gas facility was struggling to reach its design production capacity. After years of grappling with technical problems and maintenance issues, some in the management team felt that the plant was “lucky” to be operating where it was. Plans for a series of capital projects to increase capacity had become the main focus. However, with multi year timelines required to execute these projects, the company stood to defer nearly a billion dollars in revenue and was running out of options.

Stalled Capital Project Revived and Completed Successfully, Well Ahead of Schedule and Under Budget

Stalled Capital Project Revived and Completed Successfully, Well Ahead of Schedule and Under Budget

A senior oil and gas operator saw a timely opportunity to create value with a brownfield capital addition. If the proposed addition could be brought online soon enough then substantial additional output could be created before the next major phase of capital development.

ORE THROUGHPUT INCREASE

ORE THROUGHPUT INCREASE

An oil sands mine operator was looking for its next game-changing improvement following a series of debottlenecking and optimization investments. Company leadership believed opportunity must exist in their current asset, but were struggling to highlight it given all of the improvement they’d achieved.

ACCELERATING A MAJOR GROWTH PROJECT

ACCELERATING A MAJOR GROWTH PROJECT

In any new industrial facility, the time from when the project is first conceived to when it first generates revenue is pivotal to its financial performance. During the construction phase, every day that can be saved means avoiding costly overhead and bringing operating revenue forward in time.

BEYOND TRADITIONAL VALUE ENGINEERING

BEYOND TRADITIONAL VALUE ENGINEERING

At Stroud, we reject the notion that projects will naturally gravitate toward a definitive optimum of cost, quality and schedule. We have nurtured and developed a powerful analytical approach to rapidly determine the constraint-free, theoretical maximum potential of any project case. With this approach, we pull alongside your people and genuinely help them to find and realize more opportunity to enhance their project’s outcome than they currently believe exists. The solutions are theirs and they own the success.

New Oil and Gas Facility Recovers Lost Time by Ramping-Up to Full Capacity in Half the Time

New Oil and Gas Facility Recovers Lost Time by Ramping-Up to Full Capacity in Half the Time

Having been completed behind schedule, a new oil and gas facility was under additional pressure to perform. With a planned 18-month period to achieve design production rates, an effort was launched to seek improvements to accelerate this ramp up.