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Multi-year
production may reveal the need to revise
FDP for various reasons:
| Excerpt |
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- The changes Changes in market conditions (hydrocarbon price volatility, production cost variations, changes in facility, transportation and service logistics, appearance of new service technologies)
- The change Changes in corporate economics (variation in corporate discount rate, variation of liability)
- The change 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
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There are basic regulations and guidelines on building MDP and building FDP.
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