In Petroleum Industry it has a meaning of Field Development Plan which assumes:
- no further Capital expenditures (like buying additional licenses, exploration, drilling new wells, expanding/modification of surface infrastructure etc.)
- no further COGS and OPEX, except those related to maintaining the declining production, P&A and Decomission.
See also
Petroleum Industry / Upstream / Production
Subsurface E&P Disciplines / Field Development Planning
[ Booster FDP ][ Reference FDP ]