Naphtho partners have extensive experience in the technical and commercial aspects of the unitisation of oil and gas fields.
Naphtho provide full technical and commercial resources to assist in selecting an appropriate Basis of Determination, according to the unique technical and commercial circumstances of the field, and in the determination of unit tract participation and hence the determination of equity interests, and other key commercial terms in the Pre-Unitisation Agreement or Unitisation and Unit Operating Agreement.
In cases of technical disputes over unitisation, which are often subject to Expert Determination, Naphtho can prepare the submission of cases to the Expert, analyse opposing submissions and provide rebuttals submissions on behalf of unit participating parties.
Naphtho partners are experienced in performing the “Expert” role in unitisation and redetermination disputes.
Our core team members have worked on several major straddling field unitisation and redetermination projects in the North Sea, Europe and Africa.