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Full Description
Developing a petroleum field requires the safe and efficient execution of extremely complex, technical, risky, multibillion- dollar projects. The Field Development Plan (FDP) is the company's proposal for how it intends to develop a field and manage the associated risks. It is the outcome of
a lengthy multi-disciplinary process and is submitted to the government for approval.
The FDP is a critical moment in the project lifecycle as decisions will impact the field over its entire life. It is therefore of paramount importance that the government is able to review these plans to ensure that strategic, technical, economic, social and environmental issues are effectively addressed.
This handbook has been developed to support government officials in the effective review, approval, and oversight of Field Development Plans.
Contents
Part I: Understanding Field Development Plans
Chapter 1: Field Development Plans
1.1 What is a field development plan?
Why is it important?
1.2 How do companies create a field development plan?
1.3 The challenge of developing FDPs - decision-making under uncertainty
1.4 What factors influence the FDP?
Chapter 2: Government's Role In the FDP Process
2.1 What Is the government's role in the FDP process?
2.2 Challenges faced by government officials
2.3 Key issues requiring government attention
Part II: Recommendations and Guidance for Governments
Chapter 3: Recommendations to Government Officials for Effective Review, Approval and Oversight of FDPs
Chapter 4: Effective Regulatory Framework for FDPs
4.1 Policy framework checklist
4.2 Legal framework checklist
Chapter 5: Effective Management of the FDP Process
5.1 Key interactions for developing and approving FDPs
5.2 Why is an internal government process required?
5.3 How to develop an integrated internal government FDP process
Appendix A: Model Template for Developing National FDP Submission Guidelines
Appendix B: Checklist for the Efficient and Effective Approval and Regulation of Field Development Plans (FDPs)
Appendix C: FDP Legal Framework Checklist
Appendix D: FDP Model Provisions
Appendix E: Developing an Internal Government FDP Process
