OPC’s unique cost-effective “on-tap” model which provides a dedicated sub-surface team without the overhead burden perfectly meets the needs of all cost conscious oil companies.
The subsurface team is staffed by permanent and experienced members of the OPC technical team. They deliver expertise to cover the regular/ongoing subsurface activities and then can provide additional expertise “on-tap” to cover potential new projects, acquisitions or trouble-shooting. A monthly reporting system is also part of the scope of work that includes recommendations for other cost saving measures and ways of optimising production.
The model provides a high level of expertise at a fraction of the cost of investing in a full time permanent subsurface team and gives guaranteed access to highly qualified subsurface professionals for fast turnaround projects.
Piers Johnson, Managing Director of OPC explains the “on-tap” model
I have been promoting the “on-tap” model for many years as a cost effective means of supporting any oil or gas operator. Newly established investor backed companies have quickly seen the benefits of this approach – but it is available to any oil business, regardless of size or ownership. We provide all that is needed to not only support, but also, on request, manage the subsurface function on behalf of our customers. They receive the monthly reporting that they need and have immediate access to a large, multi-disciplined and experienced subsurface team when they have projects and work that needs additional support. And the best part is, it costs considerably less than employing a fully staffed permanent sub-surface team.
Packages for the “on-tap” model start from less than GBP10k per month and can be used by oil and gas asset owners, investors and oil companies.