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Top-Down Approach to Area Development Plan Maturation
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Abstract
In maturing an Area Development Plan (ADP), most of the data used are incomplete, too fragmented, or sometime due to time constraint; need to be deduced down to assumptions. Due to this fact, an ADP is bound to have updates, even during the course of maturing it. This is where the issue starts. Since the conventional approach is "bottom-up", room to accommodate changes is limited; at times require the whole proposal to be reworked. This is because it focuses on getting the best development concept for a given field first before rolling it up to study the network/interrelationship between fields.
A "top-down" approach in maturing an ADP intends to better assist any given team to be agile whilst focusing on value added solutions from a strategic bird's eye point of view. The approach in discussion was adopted and tested to a regional ADP study in year 2020 which initially involves more than 1000 fields (discovered, prospects, and leads). This approach allows for any changes throughout the course of maturing the ADP because, its main focus is to get the best network/interrelationship between fields first, before focusing on the development concept of each of the fields.
Other benefits that can be observed by adopting the approach in discussion is a shorter study duration. Based on the case study, the study duration was reduced from 10 months to 6.5 months. With shorter duration too, can help the Company in better manage its manpower resources to focus on things that matters.
Title: Top-Down Approach to Area Development Plan Maturation
Description:
Abstract
In maturing an Area Development Plan (ADP), most of the data used are incomplete, too fragmented, or sometime due to time constraint; need to be deduced down to assumptions.
Due to this fact, an ADP is bound to have updates, even during the course of maturing it.
This is where the issue starts.
Since the conventional approach is "bottom-up", room to accommodate changes is limited; at times require the whole proposal to be reworked.
This is because it focuses on getting the best development concept for a given field first before rolling it up to study the network/interrelationship between fields.
A "top-down" approach in maturing an ADP intends to better assist any given team to be agile whilst focusing on value added solutions from a strategic bird's eye point of view.
The approach in discussion was adopted and tested to a regional ADP study in year 2020 which initially involves more than 1000 fields (discovered, prospects, and leads).
This approach allows for any changes throughout the course of maturing the ADP because, its main focus is to get the best network/interrelationship between fields first, before focusing on the development concept of each of the fields.
Other benefits that can be observed by adopting the approach in discussion is a shorter study duration.
Based on the case study, the study duration was reduced from 10 months to 6.
5 months.
With shorter duration too, can help the Company in better manage its manpower resources to focus on things that matters.
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