Chevron Geothermal Due Diligence
- ClientPT Medco Energi
- Date2016
- Project Value$250,000
Thorndon Cook Staff- Roger Hudson
- John Bottomley
- Grant Morris
- Chris Taylor
- Claude Bannwarth
- Peter Tearne
- Brian Leonard
- Charles Zhang
- Luc Poloni
The Project
Due Diligence of Chevron Geothermal Power assets in Indonesia and Philippines.
Our Role
- Red flag assessment of all significant project risks and recommended mitigation
- Resource review including review of stored heat and size (MW) assessments from geoscientific surveys and review of numerical simulation modelling results.
- Well assessments including future make up well and work over requirements and cost projections. NPV Economic investigations were conducted to identify the best and most cost-effective options going forward looking at timing and cost of makeup wells against generation benefits.
- Steam field and power plant condition assessment.
- Power plant performance review, both historical and projected.
- Historical and projected CAPEX and OPEX
- Preparation of all technical and cost information for input into the financial model.
Capabilities
Disciplines:
process design, mechanical engineering, electrical engineering, civil and structural engineering, control and instrumentation
Role:
due diligence studies
Resource:
capital and operating costs estimation
Advice:
asset evaluation and valuation, plant condition and performance assessment, project and corporate risk