Hannon Westwood, leading UKCS intelligence and business development consultancy, has launched its 'Discovery Tool', the first interactive web based software to present technical and commercial data and interactive analysis on all 450+ UKCS oil & gas discoveries.

Through monitoring over 40 years of North Sea activity, Hannon Westwood has been able to develop a unique UKCS oil & gas resource database which spans production, discoveries and exploration. In addition to cultural, technical and default commercial metrics on each discovery, the user can apply alternative scenarios 'live' in seconds - a real value added way to develop insights into assets and opportunities.

The Discovery Tool provides a new level of interaction which offers a new management tool for the UKCS for use by senior geoscientists, commercial managers, government analysts and financial institutions seeking insight into where future value and investment might lie.

Jim Hannon, Director, Hannon Westwood says: The Discovery Tool is an exciting development which will act as a valuable resource in assessing data analysis on UKCS oil & gas discoveries, the very part of the business that spells future growth.

Tags: Hannon Westwood