Meridian Book a Demo

Build the project once. Model every scenario.

Model the full economic life of a petroleum asset, from exploration through abandonment. Change assumptions, compare deterministic and probabilistic cases, and apply source-referenced fiscal logic across Asia-Pacific.

MERIDIANEVALUATE
Exploration → abandonment·Full-distribution economics
EVALUATE re-ranking an NPV sensitivity tornado as the gas price assumption changes

Product surfaces use representative project data — Marlin Deep, r0 base case.

Project workflow

From project definition to decision output.

Assumptions, calculation conventions, fiscal treatment, economics, uncertainty and scenario history stay in one model.

01 / 04

Project definition

Define the project.

Define production, commercial terms, CAPEX, OPEX, timing and ownership in one project.

  • Production · profiles, resources and timing
  • Commercial · pricing, currency and ownership
  • Cost · CAPEX, OPEX and development timing
The EVALUATE builder: the input rail beside grouped Production, Commercial and Cost definition panels
02 / 04
Discount rate10.0%
Discount conventionMid-period
Calculation cadenceQuarterly · native
Escalation clockActual days / 365.25
Depreciation pro-rataRate × actual days / 365.25
Depreciation of additionsNext period · opening pool
Depreciation gateOnly while producing
NPV reference dateFixed to the financials start date

Set once for the organisation · the same conventions follow every user, scenario and project.

Calculation conventions · fiscal regime

Apply your calculation conventions and fiscal regime.

Use your organisation’s discounting, escalation, depreciation, capitalisation and rounding conventions, with the applicable fiscal regime and source material alongside the calculation.

  • Applied consistently · the same conventions follow every scenario
  • Regime status · current, historical or policy case
  • Sources · legislation, contract terms and effective dates
03 / 04

Project economics

Run the economics and uncertainty on the same model.

Period cash flow, fiscal outcomes and decision metrics trace back to the assumptions that produced them. Uncertain drivers run through the same calculation as distributions.

  • Period economics · revenue, cost, tax and net cash flow
  • Decision metrics · value, return, funding and fiscal outcomes
  • Uncertain drivers · production, price, CAPEX and schedule carried through as ranges
  • Distribution output · NPV and IRR ranges, funding exposure and threshold probabilities
  • Reference case · the deterministic result stays visible against the distribution
Marlin Deep results overview: the decision-metric grid and the government, contractor and royalty take split

Marlin Deep · r1 · higher price.

04 / 04
Two scenarios compared on the same basis: r0 root against the branched r1 higher-price case, with NPV, IRR, government take, total net cash flow, the NPV delta and incremental IRR

Scenario comparison

Branch assumptions and compare cases.

Test concepts, timing, price decks, fiscal regimes and ownership as alternative cases, while retaining the source and version history.

  • Branch · keep the existing case intact
  • Compare · economic and probabilistic consequences side by side
  • Trace · result → assumption → fiscal rule → citation

Asia-Pacific fiscal coverage

Asia-Pacific fiscal regimes are built into EVALUATE.

Each configuration carries its calculation logic, effective dates and interpretation alongside the project calculation.

118Live fiscal configurations
27Jurisdictions
4Cross-border arrangement areas
Australia13 configurationsCommonwealth offshore petroleum — standard PRRT · WA standard petroleum royalty regime · North West Shelf legacy fiscal regime
India8 configurationsHELP/OALP Revenue Sharing Contract — onshore & shallow water · NELP cost-recovery PSC · ONGC / OIL nomination blocks
Indonesia5 configurationsCurrent cost-recovery PSC framework · Gross Split PSC — 2024 generation · Legacy cost-recovery PSC — tax-paid / assume-and-discharge generations
Kazakhstan6 configurationsGeneral hydrocarbon subsoil-use tax regime · Improved Model Contract — complex offshore / deep project · Legacy Production Sharing Agreements
Malaysia10 configurationsRevenue-over-Cost PSC · Deepwater PSC · Late Life Asset PSC
Papua New Guinea6 configurationsStandard Oil and Gas Act petroleum-licence regime · PNG LNG Gas Agreement preset · Papua LNG Gas Agreement preset

EVALUATE modules

Extend the same project economics into delivery and financing.

STAGE and CAPITAL use the EVALUATE project economics.

Project delivery

MeridianSTAGE

Connect the programme to the economics.

Move, delay or resequence work and see the effect on first production, funding and value.

Schedule · Dependencies · Stage gates · Economic consequence

Explore STAGE →

Financing & asset management

MeridianCAPITAL

Apply the capital structure to the project economics.

Compare funding cost, dilution, control and downside before you agree to a structure.

Debt · Equity · Hybrids · Acquisitions · Divestments

Explore CAPITAL →

See EVALUATE in action

Bring your project. See the economics built in real time.

Bring a project. We’ll build it, change it and compare the cases in a 30-minute EVALUATE demo.

Book a Demo ↗