ADEPT

ADEPT (Asset Development Evaluation and Planning Tool) is Genesis' proprietary field development planning software.

Developed over the last 15 years, ADEPT is the result of an ongoing multi-million dollar programme to provide flexible, fully engineered cost estimating solutions, both onshore and offshore, at the field development planning stage.

Comparison of ADEPT versus Actual Topsides Weights for Wellhead Platforms

Adept

ADEPT is used for rapid, efficient generation of technical definition and cost estimates for early phase concept selection studies. It uses bottom-up mechanistic models to produce heat and material balances, pipeline thermo-hydraulics, full equipment lists with sizes and weights, deck area calculations, hull sizes, onshore plant plot areas and weight estimates for facilities. This engineering definition forms the basis of ADEPT's cost estimates.

ADEPT has a robust and rigorously maintained cost database of rates and norms relevant to procurement, fabrication, construction and installation activities for each element of a field development concept. Its outputs include equipment lists, weight reports, technical definition, CAPEX, OPEX, DRILLEX and decommissioning costs, along with availability and pre- and post-tax economics.

Comparison of ADEPT versus Actual Topsides Weights for S.E. Asia and Australia Processing Platforms

Adept

As part of our cost assurance process, the fidelity of cost estimates is rigorously benchmarked using the ADEPT Benchmarking Database, which includes in-house ADEPT cost and weight estimates for all previous projects plus a significant volume of actual project data.

ADEPT is used for all our early phase studies worldwide and has been used to model developments in more than 50 different countries, including Brazil, Gulf of Mexico, West Africa, East Africa, the Caspian, South East Asia, Australia and Northern Europe. Applications include extra-heavy oil, high pour point oil, fields with very high H2S, CO2 and N2, unconventionals, CCS, stranded gas, arctic developments, subsea processing and ultra-deep water.