VGS is a highly specialist exploration and development group focused on Upstream markets in Southeast Asia. We partner with Local, National and International Oil Companies, combining a wealth of global exploration and development experience and in-depth knowledge of Southeast Asian hydrocarbon basins to drive portfolio value and growth. Key VGS delivery areas include:
Subsurface Solutions and Technical Partnerships
- Defining subsurface portfolio/basin ‘sweet spots’ and drill-ready prospect portfolios; conducting risk and value assessments
- Delivering independently assured evaluations from exploration play to well proposal to full field development plans, including reservoir modelling for project execution, when seeking funding or making portfolio decisions
- Survey acquisition/processing and drilling execution
- Application of machine learning and data science solutions
New Venture Development
- Defining and developing new positions and opportunities to complement companies’ existing portfolios
- Screening and defining new opportunities, ensuring that deal drivers are clear and focused on access to new positions for the most favourable terms with minimal risk exposure
- Providing a full-suite of acquisition, divestment, asset transition and new venture development services
- Technical due diligence checklists
- Subsurface asset data transfer validation and verification
Capability Building
- Equipping staff with the skills, analytical techniques and new technologies to strengthen portfolio and acreage evaluations and to successfully execute drilling and development projects
- Technical competency management
