May, 22-25, 2012 - Bandung
Plan of Development (POD) is an important
aspect in the Indonesia Upstream Oil and Gas Business Process. POD is long term planning for oil and gas field project
developing. For the annually program will be explored in work program and
budget and budgets (WP and B). And further the activities of each project in
pour it into the AFE.
POD, WP & B and AFE as well as guidance and control tools
of project activities undertaken by the PSC. The three aspects above must first
be prepared by the PSC and then submitted to BP Migas for approval. POD, WP
& B and AFE is a blend of various scientific disciplines process and
requires a process of cooperation, both in understanding the mindset and the
stage of operation.
As a procedure, POD, WP & B and AFE issued by BP Migas
to be understood well by the PSC. Understanding this will speed up the approval
process. For that every employee is required to understand the process of the
PSC.
In the training of 4 days is expected that participants
understand the procedures for POD, WP & B and AFE, including aspect of it’s
PTK that newly imposed since June 2010; how to arrange the details of the work
program and budget into budget schedule (BS-1-17) and how to plan projects into
the 18-26 budget schedule.
TRAINING OUTLINE
· Upstream Oil and Gas Activity
[Exploration Licensing, Exploration, Drilling Development, Production and
Transportation, Processing and Marketing]
· Regulations Aspect of Indonesia
Upstream Oil and Gas and Other Policy related to field development program
· The PSC Terms and Conditions
· Introduction to Oil and Gas Field
Development Program & some basic consideration to propose the Field
Development Program
· Basic Principle and General Procedure
and Mechanism of POD, AFE and WP&B
· Technical Guidelines and Procedures Work Order:
POD, AFE, WP & B (PTK : POD, AFE -WP&B)
· Petroleum Accounting Principle :
Successful Efforts, Full Costing and Reserve Recognition Accounting; Type of
Cost : Capital Vs Non Capital; Exploration Budget; Drilling & Development
Budget; Production & Facilities Budget; General Administration and Support
Activities Budget)
· Work Program & Budgeting Program (The Basics,
Function and Explanation Each Budget Schedule and Linkage between the Budget
Schedule 1-17)
· Project Control Budget &
Expenditure : AFE Preparation, Monitoring, and Close Out (Explanation BS 18-26)
· Project Economics, Evaluation and
Risk Analysis
TRAINING METHOD
· Lecturing
and Class room session
· Case
Study
· Interactive
sharing information and experience
· Group
discussion, question and answer session
WHO SHOULD ATTEND?
·
Finance, Accounting, Budgeting, Cost Control, Financial Analyst
·
POD, AFE and WP&B Team
·
Project Engineering and Economic
·
Commercial Planning
·
Reservoir Engineers, Petroleum Engineers, Exploration Engineers
·
Development Engineers, Exploitation Engineers’ Drilling and
production engineers
·
Operations engineers and Facilities engineers
·
Any persons who involved the POD, AFE and WP&B aspect
·
Investors and Bankers
·
Anybody who wish to knowing about the above aspect
