A specific study in Petroleum Production with a focus on prioritising production development and maintenance procedures based on their expected NPV / PI value.
In its simple form it can be thought as creating a spreadsheet with a simple descending filtering so that highest NPV / PI values are at the top of the list.
But depending on application (long-term MDP, short-term FDP, routine WRM etc) the workflow
See Also
Petroleum Industry / Upstream / Production
[ Field Development Planning ] [ Well & Reservoir Management ]