Embark on a comprehensive journey through the Field Development Plan with Mr. Ahmed Serry in this 59-minute video from PetroNile Academy. Explore the reservoir life cycle phases, reservoir management process, and key concepts. Discover the importance and timing of Field Development Plans, their challenges, and the Gated Decision Process. Gain insights into feasibility studies, concept selection, and definition goals, as well as team dynamics in integrated reservoir studies. Learn about field life cycle, development options identification, integrated team efficiency, concept screening, technical evaluation types, front-end loading phases, final investment decisions, and execution-time planning. Conclude with an overview of the FDP template and understand how uncertainty reduction relates to stage gates in project management.
Field Development Plan: From Concept to Execution
Overview
Syllabus
- Introduction
- Field Life Cycle
- Identification of Field Development Options
- WHAT FDP?
- WHO? - FDP Integrated Team
- Efficiency through Integration
- Concept Screening and Study
- Feasibility Study Modeling Scenarios
- GATE-1: Feasibility Study
- Types of Technical Evaluation
- GATE 2: Concept Selection
- Concept Definition
- Front-end Loading Phases for Full Field Development Project
- Final Investment Decision
- Management Project Approval - Work Quality and Economics OK?
- Stage Gates and Uncertainty Reduction
- EXECUTION-TIME PLANNING
- Conclusion
- FDP-TEMPLATE
Taught by
PetroNile Academy
