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    Concept Definition (Pre-FEED)

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    icq4joy
    Concept Definition (Pre-FEED) provides a further level of detail and precision to select a single option to move from field development planning to front-end engineering design (FEED). Activities in Concept Definition refine the development option through process optimization, targeted studies, and engagement with stakeholders. This results in a well-defined development plan with clear costs, schedules, and risk assessments to enter FEED.

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    Concept Definition (Pre-FEED)

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    icq4joy
    352 views3 pages
    Concept Definition (Pre-FEED) provides a further level of detail and precision to select a single option to move from field development planning to front-end engineering design (FEED). Activities in Concept Definition refine the development option through process optimization, targeted studies, and engagement with stakeholders. This results in a well-defined development plan with clear costs, schedules, and risk assessments to enter FEED.

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    Pre-FEED Concept Definition

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    Concept Definition (Pre-FEED) provides a further level of detail and precision to select a single option to move from field development planning to front-end engineering design (FEED). Activities in Concept Definition refine the development option through process optimization, targeted studies, and engagement with stakeholders. This results in a well-defined development plan with clear costs, schedules, and risk assessments to enter FEED.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    352 views3 pages

    Concept Definition (Pre-FEED)

    Uploaded by

    icq4joy
    Concept Definition (Pre-FEED) provides a further level of detail and precision to select a single option to move from field development planning to front-end engineering design (FEED). Activities in Concept Definition refine the development option through process optimization, targeted studies, and engagement with stakeholders. This results in a well-defined development plan with clear costs, schedules, and risk assessments to enter FEED.

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    2/8/2018 Concept Definition (Pre-FEED) - Create - Asset lifecycle services - Services - Genesis Oil and Gas Consultants Ltd

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    Concept Definition (Pre-FEED)


    Concept Definition provides the link between Field Development Planning and FEED. A single, well
    defined option is selected to complete the Create phase.

    http://www.genesisoilandgas.com/Services/Asset-lifecycle-services/Create/Concept-Definition-Pre-FEED/ 1/3
    2/8/2018 Concept Definition (Pre-FEED) - Create - Asset lifecycle services - Services - Genesis Oil and Gas Consultants Ltd

    Concept Definition, or Pre-FEED, adds a further level of detail to the short listed options identified in the field development planning phase to
    achieve more precise definition, a better cost estimate and, ultimately, selection of a single option for FEED.

    Activities in Concept Definition are chosen to address the development's circumstances and can include:

    Process scheme optimisation

    Reduction in optionality using targeted studies of particular aspects of design

    http://www.genesisoilandgas.com/Services/Asset-lifecycle-services/Create/Concept-Definition-Pre-FEED/ 2/3
    2/8/2018 Concept Definition (Pre-FEED) - Create - Asset lifecycle services - Services - Genesis Oil and Gas Consultants Ltd

    Finalisation of field architecture

    P&ID initial development

    Layout development

    Issue of enquiries for long lead or high cost items

    Cost estimating and economic assessment

    Project schedule enhancement

    Preparation of survey scopes of work, tendering and management of the work

    Engagement with other work groups and third parties to reduce uncertainties e.g. drilling, reservoir engineering, tie-ins to other facilities,
    regulatory authorities, buyers of products.

    Development of risk mitigation plans

    Project Execution Plan and contracting strategy finalisation

    Basis of design update

    Commencement of the ESIA process

    As a result, the development enters FEED with a single, well defined option. The development's major design issues have been decided; risks and
    uncertainties are understood; the cost estimate, budgets and schedules are clear and complete.

    http://www.genesisoilandgas.com/Services/Asset-lifecycle-services/Create/Concept-Definition-Pre-FEED/ 3/3

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