Specific production strategy which Petroleum Asset Team is following including annual schedule and budget allocation on:
Investment targets | Annual P&L schedule |
Surface facilities | capacity and tech spec of metering, production gathering, injection, water supply, on-site fluid processing, utilizations and pipelines |
Well drilling | quantity and types (producers, injectors, observers) and completion strategy |
Workovers | quantity and types |
Surveillance | quantity and types |
Studies | quantity and types |
Recommendations | financial, logistical, operational and technological |
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:
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There are basic regulations and guidelines on building MDP and building FDP.