Herianto, Topan (2018) Economic Analysis of Data Engineering On Production Sharing Contract Case Study Field "A". Journal of Economics and Sustainable Development.
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Abstract
Field "A" is the exploration field which has two pr
oductive layers, starting from the top is a layer K
1 and L5.
The oil reserves in this field amounted to 35.54 MM
STB. The field development planning system using PS
C
(Production Sharing Contract) for 30 years beginnin
g in January 2012 to January 2042, carried out with
the
addition of 8 + 5 vertical wells with hydraulic fra
cturing of horizontal wells and pumps on each well.
The field
development scenarios generate cumulative oil produ
ction of 10.91 MMSTB and 30.7% recovery factor. Bas
ed
on the economic analysis conducted, it can be said
that the development scenario profitable taking int
o account
the NPV @ 10% amounting to US$ 21,948,937.46, ROR i
s 33.24% (15% of bank interest), DPIR is 0.7, PIR i
s
2.03 and POT is 3.69 years from 24 years of time co
ntract.
Keywords:
economic analysis, hydraulic fracturing, production
sharing contract
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 03:57 |
URI: | http://eprints.upnyk.ac.id/id/eprint/19457 |
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