It is often necessary for E&P companies to quickly evaluate the impact of biddable fiscal terms to determine optimal bid parameters. Palantir provides the tools and skills to help companies understand how biddable terms influence both company and state along with the ability to complete a complex analysis in a short bid time-frame.Learn More
Bidding for assets during license rounds requires extensive understanding of the economic behavior under different combinations of biddable terms. During a bid round there is a window of time where an economist must make critical decisions about the most appropriate and effective terms for the bid. This is necessary in order to satisfy the company’s requirements and to provide an attractive offer to the state.
The challenge with bid round analysis is defining a suite of biddable terms, with ranges of permissible values, so that an analyst can examine the economics under all scenarios and find an optimal suite of bid parameters.
Schedule a software demo with one of our product experts tailored specifically to your business planning requirements.