Consulting & Specialized Project Support
We use a variety of methods, including probability-based risk assessment, which is a TSB specialty, to provide our clients with realistic assessments of abandonment project scope, schedule and current and future cost. In addition, we help clients understand how to control future decommissioning liability through innovative options.
Our liability estimates, which utilize our proprietary PAESTM (“Platform Abandonment Estimation System”), set the standard for oil and gas divestitures and acquisitions. In fact, the term “TSB liability estimate” is part of the industry lexicon.