...
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.
Selection of production development and maintenance procedures is based on either:
...
Expand | ||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ||||||||||||||||||||||||||||||||||||||||||||||||
Investment Period = 5 years
|
...
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
...
Petroleum Industry / Upstream / Production
...