Specific Production Strategy which Petroleum Asset Team is following including annual activity schedule, budget allocation and reccomendations recommendations on:
Economics | NPV and Annual P&L schedule |
---|
Production |
---|
targets |
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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:
Excerpt |
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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 / Field Development Planning ]
[ Nodal Analysis ] [ Master Development Plan (MDP)]