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POD,AFE, And WP & B
Description
Plan of Development (POD) is the key point in the Oil and Gas business of Indonesia Upstream Oil and Gas project. POD is a guideline for “The Contractor “(KKKS) to operate their project. There is a planning program that describe of project activities during the contract. KKKS also should construct the detail of program activities and budgeting (WP&B)), and financial authorization (AFE). In the Indonesia PSC Term, WP & B, AFE and POD is the integrated aspect that every “Contractor” should propose to BP. Therefore, between BP Migas and the Contractor should have the same perception all about aspect of POD, AFE and WP&B especially about the basic principle, mechanism and procedure, system and operational guidance.
Course Outline
- Upstream Oil and Gas Activity [Exploration Licensing, Exploration, Drilling Development, Production and Transportation, Marketing and Selling]
- Regulations of Indonesia Upstream Oil and Gas and Other Policy related to field development program
- The PSC Terms and Conditions
- Introduction to Oil and Gas Field Development Program & some basic consideration to propose the Field Development Program
- Basic Principle and General Procedure and Mechanism of POD, AFE and WP&B
- Petroleum Accounting Principle: Successful Efforts, Full Costing and Reserve Recognition Accounting; Type of Cost: Capital Vs Non Capital; Exploration Budget; Drilling & Development Budget; Production & Facilities Budget; General Administration and Support Activities Budget; Financial Summary
- Budget Scheduling Program (BS 1-17)
- Financial Expenditure: Basic principle; Preparation; AFE Seismic and G&G; AFE Development and Drilling Wells; AFE Production Facilities and Support (BS 18-26)
- AFE Process, Reporting and Close Out
- Oil and Gas Resources and Reserves
- Project Economics, Evaluation and Risk Analysis
Who Should Attend
- Geophysicist, Geologist & Drilling Engineer
- Reservoir Engineer
- Petroleum Engineer
- Production Engineer
- Project Engineering and Economic Team
- Development Planning Team
- Accountant & Financial Analyst
- Field Manager / Superintendent / Supervisor
- Operations & Facilities Engineer
Course Method
Presentation, Discussion, Simulation, and Evaluation.
Instruktur
Dr.M.Syahri,MT
Facilities
- Module / Handout
- softcopy Materi
- Sertifikat
- Bag or bagpackers
- Training Kit
- 2xCoffe Break & 1 Lunch
- Souvenir
- Airport Pickup Service
Time and Venue
Reguler Training
Tanggal :15-17 Januari 2013
05-07 februari 2013
19-21 Maret 2013
09-11 April 2013
14-16 Mei 2013
11-13 Juni 2013
16-18 Juli 2013
Pukul : 08.00 – 16.00 WIB
Tempat : Yogyakarta/Bali/Jakarta
In House Training
Depend on request
Course Fee
Yogya 7.500.000/peserta
Bali 12.000.000/peserta
Jakarta 8.000.000/peserta
Minimum 3 orang peserta