Gas Field Project Analysis with Wells and Compressor

Herianto, Topan (2018) Gas Field Project Analysis with Wells and Compressor. International Journal of Science and Engineering.

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Abstract

The business of oil and gas field development project
in Indonesia using an economic concept PSC. There are 2 types
of standard PSC PSC and PSC namely Gross split. Fiscal
regimes become the most important factor to determine the
profit
-
making or not a proj
ect to be developed that are
represented. Standard PSC forms of cooperation involving the
Government and the contractor were the result of gas at 70: 30,
while gross split of 52: 48.
Gas field development is based on a gas sales contract with
customers usi
ng fixed rate cost. On a project of this magnitude
on the reservoir X gas reserves of 146 BSCF with a fixed rate
of 5 MMSCFD. Scenario development can be done by
investing wells and optimization choke with a larger size.
Optimization choke provides wellhea
d pressure
-
lowering effect
and thus require investment compressor. In this paper
presented a scenario with a combination of investment and
investment wells compressor. In this paper will compare gas
field project with standard and gross PSC split which can
be a
reference for future investors to develop the gas field. With the
same amount of tax on gas field project more profitable use
standard PSC fiscal regime
.
Keywords
-
Gas
F
ield
D
evelopment, Well Indonesian PSC,
Indonesian Gross Spli

Item Type: Article
Subjects: T Technology > T Technology (General)
Divisions: Faculty of Engineering, Science and Mathematics > School of Civil Engineering and the Environment
Depositing User: Dr. Ir. MT HERIANTO TOPAN
Date Deposited: 30 Apr 2019 02:41
Last Modified: 30 May 2024 03:58
URI: http://eprints.upnyk.ac.id/id/eprint/19456

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