Kerogen Consultants has developed an easy to use and understand scoring system that is neutral, objective (as much as possible), quantitative, and adaptable – based on ~30 criteria grouped in four categories including:
- Upstream: including criteria such as Ratio of 1P/3P reserves, NGL%, CO2 %, Access to reserves, distance to field.
- Above Ground: including Host government support, Terrorist / violent activity, Native rights, Taxation stability, Political support, Government reputation, Labor productivity/availability, Environmental sensitivity
- Technical: Technology Risk, Contractor Experience, Requirement of Infrastructure, and Engineering Stage
- Company and Market: Operator and Partner experience, Type of offtaker, Buyer experience, Partner Alignment
The scores can be weighted according the audience priorities and the scores are converted to a level 100 scale. Scoring represents a particular ‘snapshot in time’ and as a project progresses, its score will change accordingly.