Specific production strategy which Petroleum Asset Team is following


The first FDP is based on the primary exploration data package and booked reserves and called Master Development Plan (MDP)


Multi-year production may reveal the need to revise FDP for various reasons:



  • Changes in market conditions (hydrocarbon price volatility, production cost variations, changes in facility, transportation and service logistics, appearance of new service technologies)

  • Changes in corporate economics (variation in corporate discount rate, variation of liability)

  • Changes in asset reserves structure or well/reservoir behaviour revealed during the execution of previous FDP

  • Logistical mistakes of the previous FDP

  • Deviations from previous FDP during production  period which had adverse effect on the Petroleum Asset




There are basic regulations and guidelines on building MDP and building FDP.