Economic Modelling

Beardall, Parry & Associates specialise in international upstream petroleum economics modelling. We have expertise in Microsoft® Excel models and modelling, and specialise in custom built models for clients either at an asset level or a corporate level including finance. We also have knowledge and experience of a number of industry software models, notably the Schlumberger Merak PEEP® software.

Over the past 10 years we have built a number of international fiscal and cash flow models for clients covering countries in Africa, the Middle East, South America, South East Asia and Europe, in many cases delivering a full package of training, user manuals, help facilities and maintenance updates.

We have additionally assisted clients in their assessment of modelling requirements, migrated economic models and data sets from one system to another and audited and amended models.

We can provide solutions in the following areas of economic modelling:

• Review and specification of modelling requirements 
• Economic (fiscal and cash flow) model specification and construction
  • Exploration prospects  
  • Standalone fields
  • Single country consolidations
  • Multiple country consolidations
  • Debt modelling
• Economic model audit and advice
• Migration between economic models
• Economic model training, maintenance and support

Contact us to find out how Beardall, Parry & Associates can help your business.