Field Development Plan definition

Field Development Plan or “FDP” means the comprehensive plan formulated by the Contractor in relation to the development of a Discovery(ies) in accordance with Article10.8.

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Field Development Plan means the field development plan referred to in section 71;

Field Development Plan or “FDP” means the comprehensive plan formulated by the Contractor in relation to the development of a Discovery(ies), in accordance with Article 10.3.

Examples of Field Development Plan in a sentence

The Concessionaire may present a Field Development Plan in phases, providing detailed information for the first phase and providing updates of the Field Development Plan, to be approved by the Minister, prior to entering each phase.
Where a Concessionaire does not submit a Field Development Plan and related work commitment pursuant to this Article within the specified time frame, the Minister may require the relinquishment of the Appraisal Area.
If Concessionaire makes more than one Commercial Discovery in the Concession Area each of them shall be the subject of a separate Field Development Plan.
Concessionaire may present updates of the Field Development Plan where new markets, new data or new interpretations become available.
During the evaluation of the Field Development Plan, the Minister may inform Concessionaire of deficiencies in such plan, and Concessionaire shall have the opportunity to improve the plan within the time frame set by the Minister.

More Definitions of Field Development Plan

Field Development Plan means a plan prepared by Concessionaire for the Development and Production of an Oil Field or Gas Field, CCS and Lithium Extraction and such plan shall include, but not be limited to, the estimation of recoverable reserves, the Development well pattern, master design, Production profiles, economic evaluation and time schedule of the Development and Production Operations pursuant to the provisions of Article 7.7.

Field Development Plan means a Plan submitted by the Contractor for the development of a Commercial Discovery, which has been reviewed by the Advisory Committee and approved by the PRDS;

Field Development Plan means, in relation to the Petroleum field comprised in any Petroleum Asset, a field development plan for that Petroleum field as approved by DECC.

Field Development Plan means a plan, as amended from time to time, for a field to develop the discovered petroleum. This plan shall be submitted to the Inspectorate for approval;

Field Development Plan means a plan for the development of oil or gas field approved by Petroliam Nasional Berhad;

Field Development Plan means each field development plan submitted by the lessee to the Government of India, after each discovery in accordance with Rule 40.

Field Development Plan means the development plan for the Buzzard Field approved by the Secretary;