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BPMIGAS BPMIGAS BPMIGAS POD POD (PLAN OF DEVELOPMENT) (PLAN OF DEVELOPMENT) 2003 2003 BPMIGAS BPBPMIGMIGAASS Plan Of Development Team Plan Of Development Team 1. Advisor : Mulyani Wahyono 1. Advisor : Mulyani Wahyono 2. Chairman : Ira Miriawati 2. Chairman : Ira Miriawati 3. Members : Heru Djoni P 3. Members : Heru Djoni P Eko Hari Endrarto Eko Hari Endrarto Nizar Mujahidin Nizar Mujahidin Bayu Kristanto Bayu Kristanto 2 2 BPMIGAS BPBPMIGMIGAASS Systematics Systematics I. Objective I. Objective II. Definition II. Definition III. Types of POD III. Types of POD IV. POD Approval Process IV. POD Approval Process V. POD Handling V. POD Handling VI. POD Revision VI. POD Revision 3 3 BPMIGAS BPBPMIGMIGAASS I. Objective I. Objective To convey Approval Procedure/Process for PSC To convey Approval Procedure/Process for PSC Plan of Development(POD) Plan of Development(POD) 4 4 BPMIGAS BPBPMIGMIGAASS II. D e f i n i t i on II. D e f i n i t i on Plan of Development : Plan of Development : Plan to develop one or more oil and gas field in an integrated way in order to produce the hydrocarbon reserves optimally by considering the technical, economics and HSE aspects. 5 5 BPMIGAS BPMIGAS BPMIGAS III. Types of POD III. Types of POD BPMIGAS BPBPMIGMIGAASS Types of POD Types of POD 1. Plan of Development I 1. Plan of Development I Prior to Law No. 22 of 2001, approval of the Development Plan for the first field Prior to Law No. 22 of 2001, approval of the Development Plan for the first field within a given Block/Work Area only required approval from Pertamina’s Managing within a given Block/Work Area only required approval from Pertamina’s Managing Director, which also served as commerciality for the work area. Director, which also served as commerciality for the work area. Since Law No. 22 of 2001 came into force: Since Law No. 22 of 2001 came into force: In accordance with Article 21, Development Plans for the first field in a given In accordance with Article 21, Development Plans for the first field in a given Block/Work Area must obtain the approval of the Minister of Energy and Block/Work Area must obtain the approval of the Minister of Energy and Mineral Resources, based on considered opinions from BPMIGAS after Mineral Resources, based on considered opinions from BPMIGAS after consultation with the government of the Province concerned. consultation with the government of the Province concerned. In accordance with Article 17, if, after approval has been granted for the First In accordance with Article 17, if, after approval has been granted for the First POD in a given work area, activities are not carried out within a maximum POD in a given work area, activities are not carried out within a maximum period of five (5) years from the end of the exploration period, the entire work period of five (5) years from the end of the exploration period, the entire work area must be returned to the Minister. area must be returned to the Minister. 7 7 BPMIGAS BPBPMIGMIGAASS Types of POD Types of POD 2. Plan of Development II and thereafter : 2. Plan of Development II and thereafter : The purpose is to develop one or more oil and gas field in an integrated The purpose is to develop one or more oil and gas field in an integrated way to develop/produce hydrocarbon reserves optimally with consideration way to develop/produce hydrocarbon reserves optimally with consideration to technical, economic, and HSE aspects. to technical, economic, and HSE aspects. PODproposal is submitted to BPMIGAS, based on actual conditions and approval by the Head of BPMIGAS. Validity period of the POD is two (2) years from the date of approval. Changes in Scope of Work or delay in implementation of the POD without notification and approval will cause it to be considered canceled/expired. 8 8
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