Upstream oil and gas companies engage in exploration and production (E&P) of hydrocarbons from onshore conventional and unconventional (including shale, coal bed methane, tight sands, and gas hydrates) resources. In addition, the E&P sector comprises operators of offshore assets in shallow and deep water along with oil sands, heavy oil, and gas hydrates. Exploring for oil and gas in various resources; drilling, completing, and developing wells and new fields; and producing hydrocarbons through primary, secondary, and tertiary recovery by efficiently managing costs, geopolitics, regulations, competition, and innovation are the key challenges of upstream companies.
How ADI helps upstream and E&P operators
ADI Analytics brings deep expertise, rich experience, and numerous models, analytics, and databases on the upstream E&P sector to help clients with a wide range of needs. Our teams have helped upstream E&P operators develop and optimize asset and portfolio strategy, support M&A strategies and transactions, benchmark and optimize operational costs and economics, assess supply chains and optimize procurement, evaluate and accelerate new technologies and innovation, and gather market research and competitive intelligence.
Relevant examples
A few examples of our work in the upstream sector are presented here. Please contact us to learn more about how ADI can help you.
M&A support
- Benchmarked leading unconventional oil and shale gas plays for an oil major across a dozen metrics to identify best investment opportunities in the near- to medium-term
- Developed option-based framework to analyze asset portfolio for M&A and A&D opportunities for Asian NOC
- Estimated valuation for African heavy oil asset in multiple scenarios based on bottom-up modeling and comparable E&P asset valuation
Costs and economics
- Modeled unconventional well costs and productivity improvements in Marcellus, Eagle Ford, and Permian for investor
- Prioritized innovations to cut offshore capital costs by developing a structured process for an oil and gas major
- Developed a shale gas strategy for an E&P player
- ADI Analytics was hired by a private equity firm to provide an overview of the regulatory landscape for shale and unconventionals.
Supply chain analysis
- Assessed upstream production facilities market for size, growth, players, needs, and entry strategy for OFS company
- Led due diligence on coiled tubing rig, frac plug, proppant, and downhole tool markets for multiple private equity firms
- Benchmarked a number of key corporate functions, e.g., sustainability, corporate social responsibility, and government affairs for a mid-sized oil and gas major
- Conducted a survey of leading shale gas and unconventional oil producers in the Permian, Eagle Ford, Bakken, Marcellus, and Utica plays for practices around produced water treatment.
- Assessed market intelligence and voice-of-customer research on trucking and logistics costs for a petroleum logistics provider operating in the key U.S. and Canadian shale plays
Technology assessments
- Assessed wet-gas compression and subsea processing technologies for pilot trials at oil and gas super major
- Screened 20 water treatment processes to identify best options for onshore and offshore oil and gas wells for E&P major
- Assessed refracturing in unconventional oil and gas wells for an oil and gas major
- Assessed a technology assessment study regarding non-destructive testing for subsea pipelines for an integrated oil and gas major
- An integrated oil and gas major approached ADI Analytics for a technology assessment study including customer receptivity and market sizing study for a new corrosion monitoring technology for oil and gas facilities.
- An integrated oil and gas major sought detailed technology assessment of wet gas and multi-phase compression technologies and turned to ADI Analytics.
Competitive intelligence
- Benchmarked exploration strategies of 5 peers by asset and region and identified gaps in client’s (oil major) approach
- Interviewed 100+ field staff for best practices on unconventional oil and gas operations for leading E&P independent
Access our thinking
ADI is a thought leader in the upstream sector. Access our latest thinking including blog posts, white papers, conference presentations, and videos on the ADI insights section.
