Superior Performance Design offers trusted Due Diligence support to global acquisition and divestment projects, providing independent advice and expertise to support valuation and risk assessments.
What Is the Seller Not Telling You?
Every acquisition information memorandum presents the asset at its best. Every data room has gaps. The question is not whether there are undisclosed liabilities in the well stock — there almost always are. The question is whether you find them before you sign, or after.
Superior Performance Design provides independent well integrity due diligence for acquisition and divestment transactions. We have assessed well stocks ranging from a handful of producing wells to portfolios spanning decades of drilling history. We have found undisclosed barrier failures, unresolved annular pressure anomalies, deferred workover programmes hidden in footnotes, and wells whose construction standards would fail current regulatory requirements — in every case, before our clients committed capital.
Our Due Diligence Scope
- Full data room review: well construction records, cementing reports, completion diagrams, workover histories for every well
- Mechanical integrity test history and annular pressure status assessment across the asset
- Barrier status classification aligned to recognised well integrity standards
- Regulatory compliance review: does the well stock meet current in-jurisdiction requirements for a new owner?
- Identification and risk ranking of undisclosed or partially disclosed integrity issues
- Costed remediation estimates: well-category-level cost ranges for barrier restoration, workover, P&A and monitoring
- Prioritised 12-month post-acquisition action plan
- Executive summary formatted for direct use in price negotiation and investment committee presentation
Why Independence Matters in M&A
A due diligence report from an engineer with any relationship to the seller, the field, or its service contractors is not independent — it is a document with a conflict embedded in it. SPD has no relationship with any party to a transaction other than the buyer who engaged us. Our findings reflect the technical reality of the well stock, not the commercial reality of a deal that needs to close.
What Clients Have Achieved
- Meaningful purchase price adjustments based on remediation liability evidence SPD identified that was not disclosed in the vendor’s information package
- Regulatory exposure avoided by flagging wells whose construction standards would have created compliance issues for the new owner before completion
- Day-one action plans that allowed acquiring operators to immediately manage the integrity position rather than discover it six months into ownership
- Farm-in decisions made on fact — independent cost reviews identifying 25% underestimates and critical pressure regime assumptions before capital was committed