Specific Production Strategy which Petroleum Asset Team is following including annual activity schedule, budget allocation and recommendations on:
Economics | NPV and Annual P&L schedule |
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Production targets | Gross Field and/or individual flowrate targets (producers and injectors) |
HSE | Specific set of safety instructions towards a particular FDP |
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 utilisation |
Data Acquisition | Selection/Types/Frequency |
Field Studies | Selection/Types/Frequency |
Well & Reservoir Management | Financial, logistical, operational and technological activities towards executing Production targets and HSE |
For the newly explored field the FDP is based on 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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thus leading to the new FDP called Redevelopment Plan (RDP).
There are basic regulations and guidelines on building MDP and building RDP which are summarized in Field Development Planning Discipline.
See also
Petroleum Industry / Upstream / Production / Field Development Planning
[ Subsurface E&P Disciplines ]
[ Nodal Analysis ] [ Master Development Plan (MDP)]
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Reference
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