Spencer Petroleum Consulting (“SPC”) has significant experience in field development planning both on a short term basis (1 year) for annual budgets and LOF (life of field) development planning for use in recovery optimisation, maximising NPV and reserves evaluations. Have a geological model but unsure about the optimum development scenario? Then SPC can define a development plan including: volumetric in-place estimates, recovery factors, material balance, reservoir simulation, optimised well number and design, completion selection, production forecast scenarios and sensitivities and economics to assist the client in determining the optimal field development plan with the data available.