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TEAM OIL LTD is a company formed by experienced international upstream oil and gas industry professionals and executive management to work specifically on oil and gas developments and projects with National Oil Companies and other companies. Team Oil management and staff have accumulated significant E&P experience in many oil regions, but in particular in the Middle East and North Sea.
TEAM OIL provides technical, economic, commercial and managerial know-how, together with technology and systems, and an operating capability including development drilling, reservoir development and project management.
TEAM OIL will work seamlessly with the National Oil Companies and other companies to provide support in optimising development planning, controlling costs, and ensuring that appropriate technology, skills, management and resources are applied to minimise development cost and schedule and to enhance the project economics. TEAM OIL can assist companies to develop management systems and documentation to control their operations and projects.
Where appropriate, TEAM OIL can also participate in equity investment, or through innovative risk sharing or performance based contracts to align objectives with the National Oil Company.
TEAM OIL has developed strategic relationships with well established companies to enhance Team Oil??s ability to provide technical support and resources.
TEAM OIL has the following specific capabilities:
- Economic modelling, optimisation of oil and gas developments
- Geoscience, seismic interpretation, petrophysical analysis
- Reservoir engineering
- Well design
- Drilling engineering, drilling materials and services procurement, contract negotiation, operations management
- Well site supervision
- Well testing and completion design
- Development Planning
- Project management, monitoring, reporting
- Preparation and documentation of management systems
Quick Facts
Line of Business: exploration production project management
Ownership: Private
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