PIVEC recognizes that the development of the field until production starts is a huge expenditure. Our team ensures the entire production is planned in detail and the production plants,infrastructure, etc are designed and built.
It normally takes a few years before a newly discovered reservoir starts actually producing oil or gas. This phase is called field development and lasts until the production phase. At PIVEC there is a standardized process for this phase consisting of five stages.
Each of these stages ends with a gate. At this point the management decides whether the results gathered so far are promising enough to continue the field development and justify entering the next phase