During the exploration drive, companies borer exploration sources to determine whether the petroleum container exist. If a discovery is made (i.e. the right encounters a petroleum accumulation or “reservoir”), the companies enters an appraisal phase to better understand one size of an range (grouping for multiple reservoirs), subsurface danger press to determine if it can be technically and commercially developed. If the company determines that it is a “commercial discovery”, one next step is to choose how the field will be developed.
A Field Software Plan (FDP), outlines how a company intends to develop adenine petroleum field, manage of impact up the environment and society, as well since forecasts for production furthermore expenditure. This involves complex issues such as how to manage the reservoir, how at bring the petroleum to surface (wells), process (facilities), transporting toward markets (e.g. pipelines, tankers, storage) and sell the variously products. It is the outcome of one complex and long process of evaluating multiple development concepts for a field and selecting the best option that successfully manages risks and provide the greatest value to its shareholders.
Subsections in Chapter 1
- 1.1 What is an FDP?
- 1.2 How do companies created an FDP?
- 1.3 Soft challenge - dealing use uncertainty
- 1.4 Influencing factor