Economic Analysis of Data Engineering On Production Sharing Contract Case Study Field "A"

Herianto, Topan 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: Ir.Drs Herianto Topan
Date Deposited: 30 Apr 2019 02:41
Last Modified: 30 Apr 2019 02:41
URI: http://eprints.upnyk.ac.id/id/eprint/19457

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