Facilities Benefits
Client companies experience the following benefits by participating with Helix on Production Facilities opportunities.
- Helix is generally able to structure the commercial deals to lower the risk to Producers by assuming residual value in the infrastructure assets.
- As a project partner, Helix is able to provide production infrastructure in a cost effective and timely mode.
- The deals typically involve Helix and its partners paying the up-front capital costs with operator payback later via demand charges and/or tariffs.
- When Helix controls and oversees the project development, the project timing can be significantly impacted to lead to earlier production.
- Helix can offer life-of-field services to the project to enhance production, mitigate the potential risk of flow assurance problems, or manage the abandonment of the development.
Finally, as a bonded operator, Helix through its subsidiary ERT, can farm-in to the reservoir development; giving the client greater flexibility in development planning, production process, and abandonment/decommissioning timing.
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