Asset Evolution

Syntillica's experienced and independent economics consultants have a strong understanding of the PRMS (Petroleum Resources Management System) categorisation of hydrocarbon resources into Prospective, Contingent and Reserves allocations and their respective uncertainties.  

Due to this knowledge, it is possible to analyse clients' resources with a view to mapping a development route through the asset life cycle to evolve prospective to contingent and contingent to reserve resources.   This is important due to the common RBL (Reserve-Based Lending) system employed by institutional creditors.