The Bidding Forecast webinar is scheduled for 1:30PM CDT on Wednesday, July 24th, 2019. This webinar, conducted by Scott Morris, will provide an overview of the Bidding/Block Evaluation portion of the Business Planning Add-on to GOM3. It will also provide an update on some of the newest features, including maps on each of the variables that go into the statistical models (proximity to current leases or drilling, newly available blocks, etc.) and forecasts of the BOEM's MROV/ADV values to provide guidance on the likelihood of rejection.
The Business Planning Add-on is a separate, web-based component designed to maximize efficiency around planning for bids and prospect development. In addition to the Bidding/Block Evaluation analysis, it also includes the Tie-back Tool, to calculate pipeline/tie-back routes based on the bathymetry and seafloor hazards, as well as the updated Forgotten Oil & Gas Study, which identifies reservoirs (by decline curve analysis), fields, sands and comps which may have unproduced hydrocarbons. The Add-on also includes some new reports and graphs displaying bidding data on past sales.
The webinar is free and will last approximately 50 minutes with extra time for questions and suggestions. If you would like to join in, please register below. We will email you the link to join the selected meeting.
If you cannot attend at this time, please contact Tony Dupont (tony@earthsci.com) if you are interested in a smaller meeting.
