A specific study in Petroleum Production with a focus on prioritising field/prioritising production development and maintenance procedures based on their expected NPV / PI value.
In its simple form it can be thought as a spreadsheet with production development and maintenance procedures sorted out by a simple descending filter so that highest NPV / PI values are at the top of the list.
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Investment Period = 5 years
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Depending on application (long-term MDP, short-term FDP, routine WRM etc) the Investment Planning metrics and workflow may vary and selection of production development and maintenance procedures is normally based on either:
See Also
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Petroleum Industry / Upstream / Production
[ Field Development Planning ] [ Well & Reservoir Management ]