Basis

NetCo$ter is designed to allow the user to estimate cost for any level of reserves and virtually any type of oil and gas production configuration. The user inputs production data – the more there is the more accurate the estimate will be – and follows a series of steps to define the production configuration.

NetCo$ter's database is weight driven and as such uses a series of algorithms to determine equipment weights and from these equipment costs. Once equipment configurations and weights are determined these are used to estimate the amount of bulks: piping, concrete, electrical equipment, structural steel, instrumentation, safety equipment and - for onshore production facilities - land.

Once the input of technical data is completed, NetCo$ter determine development and operating cost for the facility and provides a detailed breakdown. The database follows a strict categorisation for development and operating cost breakdown that is applied to all modules: 

NetCo$ter Catergorisation for Development Cost

Equipment
Materials
Fabrication
Freight
Installation and Construction
Engineering
Project Management
Certification
Contingency

NetCo$ter Catergorisation for Operating Cost

Administration
Operations
Consumables
Maintenance
Inspection
Technical Support

To learn more about our Onshore cost estimating tool follow this link.

To learn more about our Offshore cost estimating tool follow this link.

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