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Keywords: contractor
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Proceedings Papers

Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 10–12, 2023
Paper Number: SPE-215271-MS
..., and 6.19 years of pay-out time. On the oil field side, the PSC Cost Recovery scheme offers the contractor 18.82 % of IRR, 0.33 MMUSD of NPV, and 4.85 years of pay-out time. In comparison, the PSC Gross Split scheme offers 19.55% of IRR, 0.40 MMUSD of NPV, and 5.48 years of pay-out time. For this study...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 12–14, 2021
Paper Number: SPE-205705-MS
... the worksite. Increased transmissibility of the new Delta variant. The new variant has a much higher rate of transmission than the previous Alpha variant adding to the challenges of bringing personnel safely back onsite. Multiple tasks with multiple teams and contractors at one location in a tight...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 12–14, 2021
Paper Number: SPE-205540-MS
... on this condition, the standardization of the costs of investment and production is needed to help the government and contractor in estimating the costs needed in an oil and gas project. As of December 2018, 471 projects (POD) have been approved by the government of Indonesia. All of them are projects that produce...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 12–14, 2021
Paper Number: SPE-205610-MS
... reducing the time to muster and lessening the risks of Leaving someone behind. The second challenge being the identification of personnel and various contractors, the time they entered in productive or nonproductive areas and time it took to complete various tasks within their crafts while on the job hence...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196247-MS
... finance corporation ifc ps project activity contractor management system ifc performance standard stakeholder Management Plan guideline Project Decription Project Background Gas development project aims to produce gas from the fields and result in condensate as side product. Company...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196312-MS
... approved by government of Indonesia and the 327 of them were PODs that located in onshore area. This paper will evaluate and analyze the distribution of commercial reserves per projects and the operating cost to help Contractors to find the onshore area in Indonesia that has the highest commercial reserves...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196349-MS
... Production Sharing Contract (PSC) contractors in Indonesia are required to carry out the ASR operations when production ceases, and to establish and contribute to an ASR fund. Prior to carry out the ASR operations, PSC contractors must submit an ASR program plan and cost estimate to SKK Migas for approval...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196488-MS
... are ±190, ±650 and ±50 persons/day respectively. 21 WLI barges (3 offshore and 19 swamp barges) from 13 Contractors are spread out onto 5 production sites. The real time reporting system is very essential in remote operation area, so management can monitor and control the operation. Abstract...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 23–25, 2018
Paper Number: SPE-192095-MS
... projects domain, including clients, consultants, and contractor organisations. Using Likert-style five-point scales, participants rated the frequency of occurrence and severity of each of the risks impacting delays. A total of 70 risk factors were identified, which were then traced back to 10 risk sources...
Proceedings Papers

Paper presented at the SPE Asia Pacific Oil and Gas Conference and Exhibition, October 23–25, 2018
Paper Number: SPE-192096-MS
... During the front-end planning stage, the cementing scorecard was populated with pre-job parameters based on the cementing basis of design from cementing contractor. A planned cementing score was calculated, which must meet a minimum score threshold based on review of company's local past...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186228-MS
... return that eventually will increase the IRR and NPV values. Project economics government Indonesia contractor Upstream Oil & Gas calculation NPV year depreciation period project valuation cash flow IRR expenditure depreciation asset and portfolio management incentive...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186290-MS
... Abstract During transfer process in manpower contract management, communication issues may appear and affect the involving parties. It is not merely happened within internal company, but also with the contractors who shall provide the services and the manpower contract personnel as subject...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186285-MS
... Abstract In close collaboration with the operator, third party suppliers and the integrated drilling service contractor the first Integrated Drilling Project in Kuwait started in March 2016. The project is being treated as a pilot to assess the value integration can bring to the operator...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186890-MS
... of complete as built data. ○ Referential gap between the current references used in the project with the existing facilities. ○ Mechanical condition of the existing facilities (i.e. heavily corroded pipe flanges, bolts and structural member). Limited potential Contractors for EPSC package...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186984-MS
... Lost Time Injury (LTI). The safety performance record is an outstanding result, considering the magnitude of the drilling operation on site. Upstream Oil & Gas safety culture HSSE reporting lesson learnt superintendent objective communication contractor operation Supervisor rig...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186988-MS
... Abstract There are several parties involved in the implementation of manpower contract management in Total E&P Indonesie (TEPI); the manpower contract personnel, the contractor, Manpower Contract Department (specific department in TEPI who in charge for managing labor supply), and User...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-187008-MS
... is to analyze if the Gross Split mechanism is more attractive or equal the PSC Cost Recovery. The result of this study shown that the gross split PSC refer to the Minister of Energy and Mineral Resources no.52 year 2017 is still attractive to the investor from the contractor take perspective. Eventough...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186947-MS
... industry in Indonesia is still considered attractive by contractors. Before investing in the oil and gas industry in Indonesia, there are some of ways that can be done by investors to minimize risk of loss and maximize revenue such as, searching, finding and collecting data of cost expenditure (Capital...
Proceedings Papers

Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186343-MS
... in Kutai Basin and Sumatera Basin were not significantly good as early prediction. This condition made some CBM contractors working areas has to leave and do farm out from the area. Nowadays, by counting the total of Unconventional Working Area in Indonesia, the active operation area are around 40 places...

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