Risk Is Visible in the Field
Long Before Investors Ever See It
In heavy-CAPEX energy programs, early execution variance is usually real — it’s just not visible at the investment layer until months later.
TEA gives investors direct visibility into execution reality — identifying where IRR drift, governance gaps, and IC-to-FID risk begin, before lock-in.
Execution Truth™ Framework
Early visibility into execution risk for institutional investors managing heavy-CAPEX energy assets. Designed to surface execution drift before governance gaps, reporting lag, and decision lock-in erode IRR and NAV.
Contact
Bradley Blayone — Founder & Technical Adviser
True Energy Adviser Inc.
Email: bradley.blayone@trueenergyadviser.ca
Website: https://trueenergyadviser.ca
Risk Is Visible in the Field Long Before Investors Ever See It
In most major CAPEX-heavy programs, the same structural pattern appears:
- Early IRR drift first shows up in the daily drilling and operational data.
- Variance is softened or filtered as it moves up through internal reporting layers.
- Governance cadence weakens and uncomfortable truths are delayed or re-framed.
- Small execution issues quietly compound into multi-million-dollar value loss.
This pattern consistently unfolds in the gap between Investment Committee (IC) approval and Final Investment Decision (FID), where execution assumptions harden but governance ownership weakens.
By the time the full picture reaches investment committees, material IRR has often already leaked, FID confidence is weakened,
and the only options left are damage control and re-phasing.
TEA exists to break this pattern — by giving investors direct visibility into field reality before losses fully embed.
What Investors Gain by Partnering with TEA
True Energy Adviser’s mission is to be the investor’s uncompromising technical voice — fearless in exposing the field reality that operators avoid, soften, or hide. TEA delivers unfiltered insight across Energy, Oil & Gas, and Renewables execution; identifies early IRR drift before losses accelerate; and brings governance failures into full light.
Our purpose is simple and unwavering: protect investor capital, enforce transparency with discipline, and give investors the operational truth and leverage they deserve — not the filtered narrative operators choose to provide.
Protect Your Capital Before More IRR Quietly Disappears
If your CAPEX-heavy project is showing early drift, schedule variance, unclear reporting, or unexplained execution losses — this is the moment to act. TEA gives investors unfiltered field truth, governance clarity, and disciplined oversight long before IRR erosion becomes irreversible.
Book Your Investor Oversight CallWhy Banks & Funds Need TEA
In capital-intensive drilling and geothermal developments, lenders increasingly require independent technical assurance to quantify execution risk, validate operator assumptions, and protect projected ROI before sanctioning major debt or equity packages.
Execution Risk → Cost of Capital
TEA’s field-validated dashboards convert operational uncertainty into lender-grade signals that credit committees can price into lending terms — improving bankability and reducing execution risk.
Operator Assumptions, Independently Validated
TEA reviews subsurface, execution, logistics, productivity, and scheduling assumptions through an independent technical lens — removing bias and exposing where operator reports are optimistic, filtered, or unsupported.
Faster, Safer Sanction
Independent oversight closes information gaps that slow sanction decisions. TEA reduces schedule drift, de-risks hidden IRR erosion, and strengthens governance so capital can be deployed with confidence.
Illustrative Impact with TEA Oversight
When investors add independent technical oversight, recurring patterns emerge across drilling, geothermal, and CAPEX-heavy projects. The ranges below are illustrative only, based on prior oversight engagements.
Operational & NPT Impact
• Delay / NPT reduction of ≈10–30% • Lower operational cost exposure on critical-path activities • More reliable day-to-day execution and variance control • Fewer last-minute workarounds and crisis interventions
Governance & Vendor Outcomes
• Execution variance reduced by ≈20–40% • 3–5 qualified vendors competing on disciplined scope • Stronger commercial outcomes and cleaner contract structures • Weekly variance & KPI reviews with clear escalation paths
IRR & Economic Performance
• Performance / IRR recovery of ≈4–8% • Economics trending closer to the original investment case • Earlier detection of downside risk before it becomes permanent • Stronger confidence at IC and board level on capital decisions
Outcomes above are illustrative industry patterns based on aggregated oversight experience. They are not tied to any specific operator, project, or confidential dataset. For investors requiring a detailed impact view, TEA provides a full Illustrative Oversight Impact Table as part of its investor-only documentation.
The GAR Dashboard Investors Never Receive From Operators
TEA’s independent GAR framework gives investors a real-time, field-validated view of GO conditions, NO-GO risks, and execution alignment long before FID decisions. This is the signal operators cannot — and will not — provide.
GO-Ready Signals
Strong governance cadence, validated subsurface alignment, operational integrity, competitive vendors, and clear execution readiness.
NO-GO Risk Signals
Weak governance cadence, unverified assumptions, hidden schedule drift, unclear vendor strategy, and execution misalignment that threatens IRR.
Why GAR Drives Better Outcomes
GAR exposes operational reality weeks to months earlier than operator reporting, enabling investors to intervene before irreversible value loss.
Built on 33+ years as a global drilling & workover superintendent/manager, with 800+ wells executed across 14 countries for major E&P operators — TEA delivers institutional investors independent, field-anchored oversight that protects IRR, governance integrity, and CAPEX performance through the Investment Committee (IC) → Final Investment Decision (FID) window.
Fees are scoped to investment stage, asset complexity, and governance cadence. Diagnostic fees can be credited toward expanded oversight when TEA is retained for the IC → FID cycle.
Investor Legal & Governance Documents
To protect both your capital and reputation, True Energy Adviser follows a clear set of
investor-grade legal and governance standards. Select documents are available on request
after an introductory call.
Core Agreements
- Mutual NDA / Data-Room Agreement
Ensures confidentiality when sharing technical, commercial, and field data. - Investor Governance Assurance Letter
Outlines the governance standards TEA applies when acting on behalf of investors. - Engagement Contract / Scope of Work
Defines deliverables, responsibilities, and oversight boundaries for each mandate.
Oversight & Reporting
- Data Handling & Integrity Statement
Explains how TEA evaluates, protects, and interprets field and operator data. - Investor Risk & IRR Protection Framework
Describes the structured approach TEA uses across FEL-1, FEL-2, and execution oversight. - Execution Reality & Variance Reporting
Defines how performance variance, IRR drift, and governance gaps are surfaced to investors.
Request Investor Documents
Documents are tailored to the firm’s mandate and shared only after a confidential introductory call.
Built on Real Field Execution
800+ engineered and supervised wells across 14 countries — providing consulting and investment teams with field-level insight that strengthens strategy, improves technical accuracy, and reduces decision risk.
Supervising workover operations with field crews
Offshore technical review during operations
Field operations oversight in global developments
CONTACT TRUE ENERGY ADVISER INC.
Independent investor-side technical oversight for energy and geothermal projects.
True Energy Adviser provides independent, investor-side technical insights.
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