THREE60 is a fast-developing energy services group whose aim is to deliver value adding services for owners, developers and operators of energy assets. Offering lean, fit for purpose, technology driven solutions, in subsurface, wells and facilities from exploration through to decommissioning.
Its strategy is to build a portfolio of oilfield services operating across the entire asset life cycle within the oil and gas industry both onshore and offshore. THREE60 has already acquired capability across different geographies in Reservoir Engineering (Leap Energy), Well Engineering (Ridge), Facilities Engineering (Step Change Engineering) and is in active discussions with a number of companies interested in participating in the group.
THREE60 Energy consists of four main service lines;
Subsurface
Its subsurface service line is a leading provider in the North Sea, Asia, Australia and across Europe, delivering over 250 projects within 10 years, for over 100 of the world’s oil operators.
Its subsurface team provides solutions in the fields of Geomechanics, Reservoir Engineering, Geo-Operations, Reservoir & Well Enhancement and Subsurface Consultancy to operations across its geographies.
The team has developed its own subsurface digital technology, Poseidon. This pioneering Locate the Remaining oil (LTRO) software reduces the time taken to crunch complex reservoir data from approximately six months to just six weeks, and effectively locates remaining moveable oil in place in mature fields. More recently the team has developed its own production engineering digital technology, Titan. This intuitive, user-friendly, digital platform efficiently delivers the full scope of production engineering services, ultimately increasing production at lower costs.
The Operations Geoscience team have been successfully delivering Client Service Representatives (CSRs) to the global offshore wind sector for many years. This service has been exported from SE Asia to Europe with multiple operations being completed to date and increased activity currently being seen in both regions. The company’s new REMORA software package is currently being tested that will allow multiple operations to be assessed simultaneously and remotely from the worksite.
Wells
The Wells service line was founded in 2011 and has since built a strong demonstrable track record as leading drilling and wells delivery experts. It is made up of over 130 technical experts with backgrounds in drilling, completion, well construction, project management and plugging and abandonment.
The wells team are actively involved in assisting customers with their digital transformation strategies with fully executable plans now being realised.
The team have active associations that couple academia, in both Norway and the USA, with the geothermal energy industry aligning with the company’s diversification of technical resourcing and energy transition strategy. Furthermore, supporting the UK polyhalite mining industry with technical drilling support for existing and new deepcast mining strategies.
Engineering, Procurement, Construction & Commissioning (EPCC)
This service line delivers engineering studies and brownfield engineering services through world-leading technical expertise and technology. By adopting smart workflows and the latest technology, it embraces challenge at every stage of the process, sourcing and developing the most effective solutions. This service line delivers at all stages of the EPCC process, from the conceptual engineering through detailed engineering design, analysis of projects and their viability, procuring all equipment and materials, and the construction and modifications that deliver a functioning facility or asset to clients.
Through its established track record of intelligent engineering, identifying and delivering emission reduction scopes and its sustainability advisory service, THREE60 Energy supports the renewable energy industry, including carbon capture and storage, offshore wind, electrification and hydrogen projects.
Operations Management
The Operations Management service line was organically set up by ex-tier 1 operations service business leaders with the aim of creating a tier 2 operations service business. The company safely delivers to new entrants, independent E&P operators and late life asset owners having developed a track-record of executing O&M, duty holder and integrated service contracts with innovative commercial delivery models. The company supports all elements of the asset life cycle from producing assets through to decommissioning.
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