Upstream Risk Management

Risk Management in Upstream Developments

  • Identification of key project risks and mitigation strategies
  • The Risk Matrix
  • Risk factors in upstream and midstream
  • Spreading the risk through partners
  • Analysing and managing risk in upstream developments


Price Risk Management

  • Short and long term price risks in crude oil and gas
  • Hedging
  • Netback – retaining the value in the upstream
  • Price re-openers


Disputes

  • Arbitration
  • Expert determination
  • Reserves redeterminations