Portfolio Strategy
A multi-billion dollar operating business was seen as a key opportunity for growth for a global oil and gas major. The company, pursuing a new deepwater basin, faced numerous conflicting challenges, including too many promising leads to fully test prior to expiry, critical staff constraints, limited drilling rig availability, and the need to efficiently allocate more than $10 billion of exploration and development capital across hundreds of projects.
SDG collaborated with the client to design and implement a corporate portfolio management tool and strategic planning process that facilitated decision-making and prioritized and allocated resources across the entire set of potentially rewarding but risky opportunities.
After proving the methodology, we worked with client teams to apply the process. We considered a range of portfolio-level alternatives that made explicit tradeoffs between the constraints to ultimately arrive at consensus on a high-value path forward.
