Tender Details

Country: Canada
Summary: Petroleum Engineering and Geological Evaluation and Consulting Services
CAT Ref No: 99271429
Deadline: 26 Apr 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: PRCP0002878
Purchaser's Detail:
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Description:
This procurement process covers 2 main types of Services.1- Review Process - A review of the Borrower-s third party and/or internally prepared proved developed producing (“PDP”), proved developed non-producing (“PNP”), and proved undeveloped (“PUD”) reserves evaluation to determine if the estimates are reasonable, adjust the reserves evaluation for items not included in the evaluation,and run price sensitivities based on BDC-s oil and gas price deck; 2- Assessment Process - provide a written report documenting the Supplier's conclusions and adjustments to the reserves evaluation with an explanation of any significant variations identified during the Review Process. The report will include the following: (i) analysis of the corporate level lease operating expenditure statements, (ii) an analysis of the corporate Abandonment Retirement Obligations (“ARO”), (iii) an Economic Model for each of the PDP, PNP and PUD reserve classes, (inclusive of any hedging contracts specified by the Borrower) based on BDC-s oil and gas price deck (including a base case, downside sensitivity and upside sensitivity) and reflecting the impacts of recommended changes to the corporate reserve evaluation.
Documents:

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Petroleum Engineering and Geological Evaluation and Consulting Services - Canada Tender

The BUSINESS DEVELOPMENT BANK OF CANADA, a Government sector organization in Canada, has announced a new tender for Petroleum Engineering and Geological Evaluation and Consulting Services. This tender is published on CanadaTenders under CAT Ref No: 99271429 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2024-04-26.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.