AFFORDABLE ENERGY
SECURE AND ABUNDANT ENERGY
ENVIRONMENTALLY SUSTAINABLE ENERGY
Our vision is to help meet growing energy demand and enable an Orderly Energy Transition by producing readily available, secure, low-cost and low-carbon oil & gas, produced to high ESG standards with minimal environmental footprint.
We develop, produce and decommission mid- to late-life oil & gas assets in a cost-effective and environmentally sustainable manner, thereby helping the world and the oil industry transition to a low-carbon era.
Low cost of supply, low GHG emissions/ intensity, and a small environmental footprint while extending the life of the assets.
Via an integrated application of technologies, risk management, data and best practices.
Promethean’s thesis is primarily driven by the market opportunity created by the exit of U.S. independents from the Gulf of Mexico, which is recognized as a cost- and carbon-advantaged oil & gas basin.
Significant development upside can be captured with the application of capital, technology and best practices to a deep inventory of underdeveloped, low-risk mid- to late-life assets.
This creates the opportunity to build a pioneering, disruptive, transition-era, material Development & Production company, uniquely positioned to aggregate assets in the GoM.
Producing assets in the GoM with infrastructure and development upside
Deliver integration of data, technologies and best practices
Execute staged development model with minimal capex
Capture value via near-term optimization and enhancement of discovered resources
History of successful M&A and development execution
Technology-driven strategy to improve performance and capture value
Deep knowledge of region, geoscience & reservoirs
Expertise in building lean organizations to enable technology, best practice and performance
Expertise in navigating non-technical risks in a dynamic evolving external environment – energy transition, stakeholder expectations and public policy
FOUNDER & CHIEF EXECUTIVE OFFICER
CHIEF FINANCE OFFICER
Director, Legal Affairs – Land, Legal & Contracts
DIRECTOR, REGULATORY AFFAIRS
SVP Operations
Director, Development Excellence & Decarbonization
Director, Environmental, Social and Governance (ESG) Excellence
Director, End-of-Life Operations/ Decommissioning Business Unit
Senior Advisor, Subsurface Data Integration & Analytics
Senior Advisor, Wells Optimization
Senior Advisor
Senior Reservoir Engineering Advisor
Senior Reservoir Engineering Advisor
Senior Advisor
Technology to Unlock Value Across the Development & Production Life Cycle –
‘A Systems Approach’
Integrated Technologies
Enhanced Production Rates
Higher Ultimate Recovery
Low Cost
Optimal Environmental / Carbon Footprint
Automation, facility de-manning and advanced personnel monitoring technologies
Best practices and latest technologies for cost efficient & responsible abandonment
Development and deployment of low-cost fit-for-purpose EOR methods
Integrated data, advanced analytics, enhanced surveillance, integrated production management and optimization
GHG emissions & GHG intesity minimization through operational excellence, renewables integration
Leading-edge seismic/processing, data analytics & modeling
Fewer wells, higher rates per well, simplicity in design and construction and lower costs
Standardized and modular components Subsea metering and pumping
Managing ESG risks and opportunities is integral to our strategy and long-term success. We are developing measurable pathways and reporting for each of our material risks which we will deliver and enhance through continuous improvement.
D&P Operator for Mid-to Late-Life assets
End-of-Life Operator
“Promethean is an oil & gas operator with an integrated approach to the development, production, and ultimate decommissioning of mature assets”
Aditya Singh