Just another nice red ball
How we work
HOW WE WORK

Three pure drops
Curve
Another curve
Think Twice B.V.
'We put your dream to work'
Just a nice red ball
A nice grey ball
NEWS
06.08.2010
The important breakthrough in the last decenia in Exploration and Production has been in the seismic . Especially the introduction of the three dimensional seismic method in the mid seventies has inpacted the subsurface insight in E&Pdramaticly.



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11.08.2007
Inteligent/smart oil fields require an inteligent operator interface.A combination of a smart CAD model of the production facilities were condition of e.g. flow parameters are diplayed in real time takes operatorship to the next level.

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There are three different phases identification,evaluation,marketing and excecution. TT efforts are mainly concentrated at the identification, evaluation and marketing phase.

Identification

  • TT searches for potential breakthroughs in the marketplace by attending conferences, workshops, studying publications, and listening to a virtual network of specialist within and outside the oil industry.
  • A more detailed study is made of subjects which pass this first screening phase.If still judged to be a serious candidate an exploratory visit of a few days is made to the technology provider. A report is written were all issues of interest to the energy partner are treated.
During this first phase TT works on a "No cure no pay" basis to the technology provider.

Evaluation

  • A pool of experts is asked for their opinion on the added value potential and the uniqueness of the proposition
  • The project proposal is presented to an Energy Company
  • If potential and revolutionary aspects are confirmed an internal champion is sought within the Energy Company
Total elapsed time for this phase typically 3 months.

Marketing and Execution

  • In case a GO decision is made resources are dedicated by the Receiving Company to mature the project for application leading eventually to a field-test provided project milestones are met along the way
  • If a NO-GO decision is made the proposal is returned to TT and another market player may be approached.
The Evaluation phase and Execution phase are characterised by creating a win-win situation for all parties involved.

Receiving Companies can negotiate a contract with TT. In case a Receiving Company decides to a Technology Take Up and provided the project is not in the public domain, an exclusivity contract for such project for a certain application range and for a certain period may be negotiated with TT and the technology provider.

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