Balancing Project Cost and Schedule
SPE-152022-PPSPE-152022-PP on Sour Gas Development Project Case Study
Copyright 2012, Society of Petroleum Engineers
This paper was prepared for presentation at the SPE International Production and Operations Conference and Exhibition held in Doha Qatar, 14–16 May 2012.
This paper was selected for presentation by an SPE program committee following review of information contained in an abstract submitted by the author(s). Contents of the paper have not been reviewed by the Society of Petroleum Engineers and are subject to correction by the author(s). The material does not necessarily reflect any position of the Society of Petroleum Engineers, its officers, or members. Electronic reproduction, distribution, or storage of any part of this paper without the written consent of the Society of Petroleum Engineers is prohibited. Permission to reproduce in print is restricted to an abstract of not more than 300 words; illustrations may not be copied. The abstract must contain conspicuous acknowledgment of SPE copyright.
Abstract
The gas field development project is a challenging phase, since wells need to be drilled to assess the oil/gas reserves and production facilities need to be built. The ultimate objective of the project is to deliver the gas sales to selected buyers as per agreed schedule and price. As result, the project schedule and cost are defined to achieve the objective.
Project schedule and cost are known to work in equilibrium. Where one of these dimensions is restricted or extended, the other dimension will then also need to be either extended/increased or restricted/reduced in some way. Given that quality must not be compromised, this paper aims to describe how to get the optimum balance of project schedule and cost on an onshore gas processing plant project located in north-east Indonesia with 90 MMSCFD feed gas capacity. The feed gas has a high content of CO2 and H2S.
The schedule of the development project
Copyright 2012, Society of Petroleum Engineers
This paper was prepared for presentation at the SPE International Production and Operations Conference and Exhibition held in Doha Qatar, 14–16 May 2012.
This paper was selected for presentation by an SPE program committee following review of information contained in an abstract submitted by the author(s). Contents of the paper have not been reviewed by the Society of Petroleum Engineers and are subject to correction by the author(s). The material does not necessarily reflect any position of the Society of Petroleum Engineers, its officers, or members. Electronic reproduction, distribution, or storage of any part of this paper without the written consent of the Society of Petroleum Engineers is prohibited. Permission to reproduce in print is restricted to an abstract of not more than 300 words; illustrations may not be copied. The abstract must contain conspicuous acknowledgment of SPE copyright.
Abstract
The gas field development project is a challenging phase, since wells need to be drilled to assess the oil/gas reserves and production facilities need to be built. The ultimate objective of the project is to deliver the gas sales to selected buyers as per agreed schedule and price. As result, the project schedule and cost are defined to achieve the objective.
Project schedule and cost are known to work in equilibrium. Where one of these dimensions is restricted or extended, the other dimension will then also need to be either extended/increased or restricted/reduced in some way. Given that quality must not be compromised, this paper aims to describe how to get the optimum balance of project schedule and cost on an onshore gas processing plant project located in north-east Indonesia with 90 MMSCFD feed gas capacity. The feed gas has a high content of CO2 and H2S.
The schedule of the development project