Due Diligence

For oil and gas acquisitions and divestments, licence applications and equity fundraising, Genesis regularly provides advice and due diligence support.

Genesis employees speaking at desk

This comprises economic valuation of assets and portfolios, verifications of costs and schedules, technical reviews and regulatory compliance audits.

We perform due diligence services for a range of clients around the world, often working together with subsurface companies, converting information memoranda and data room documents into assessments of the economic value of assets and portfolios.

Studies indicate that the impact on project value of erroneous facilities cost estimates is similar to that of erroneous reserve estimates and that cost under-estimates are more destructive to project value than conservative cost estimates.

Surface developments have become more complex and an accurate evaluation requires an understanding of the issues regarding production fluids and flow assurance, logistics and infrastructure, decommissioning liabilities and the identification and quantification of development project risk. Our experience in concept studies for frontier developments, immature regions, difficult fluids, deep water, mega-projects and remote locations, enable us to provide this service.