Page 8 - Hydrocarbon Exploration and Production Second Edition
P. 8
Contents vii
10.7. Completion Technology and Intelligent Wells 249
10.8. Artificial Lift 254
10.9. Subsea vs. Platform Trees 260
11. Surface Facilities 265
11.1. Oil and Gas Processing 266
11.2. Facilities 291
12. Production Operations and Maintenance 311
12.1. Operating and Maintenance Objectives 312
12.2. Production Operations Input to the FDP 312
12.3. Maintenance Engineering Input to the FDP 319
13. Project and Contract Management 325
13.1. Phasing and Organisation 325
13.2. Planning and Control 329
13.3. Cost Estimation and Budgets 332
13.4. Reasons for Contracting 334
13.5. Types of Contract 335
14. Petroleum Economics 337
14.1. Basic Principles of Development Economics 337
14.2. Constructing a Project Cashflow 339
14.3. Calculating a Discounted Cashflow 351
14.4. Economic Indicators 356
14.5. Project Screening and Ranking 357
14.6. Sensitivity Analysis 359
14.7. Incorporating Inflation 360
14.8. Exploration Economics 362
15. Risk Analysis 365
15.1. Risk Definition and Unit of Measure 365
15.2. Summary of Risk Analysis Techniques in Exploration and Appraisal 366
15.3. Risk Analysis for Major Capital Investments in Projects 369
15.4. Managing Commercial Risk 383
16. Managing the Producing Field 385
16.1. Managing the Subsurface 386
16.2. Managing the Surface Facilities 394
16.3. Managing the External Factors 399
16.4. Managing the Internal Factors 401
