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Specific Production Strategy which Petroleum Asset Team is following including annual schedule, budget allocation and reccomendations recommendations on:
| Economics | NPV and Annual P&L schedule | Recovery Methods | Selecting the recovery strategy |
|---|---|---|---|
| Production targets | Average and/or individual targets (producers, injectors) | ||
| Safety | Specific set of safety instructions towards a partitcular | ||
| Recovery Methods | Selecting the recovery strategy | ||
| Subsurface facilities | Quantity/Types (producers, injectors, observers) and completion strategy | ||
| Surface facilities | Capacity and tech spec of metering, production gathering, injection, water supply, on-site fluid processing, pipelines and utilization | ||
| Data Acquisition | Selection/Types/Frequency | ||
| Field Studies | Selection/Types/Frequency | ||
| Well & Reservoir Management | Financial, logistical, operational and technological activities towards executing Production targets and Safety |
For the newly explored field the FDP is based on primary exploration data package and booked reserves and called Master Development Plan (MDP).
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