#TITLE_ALTERNATIVE#
Oil and gas are unrenewable resources and they hold important role as the main sources of energy in our country. Oil and gas exploitation will continuously cause reduction of the stock (proven reserve) of that natural resources. Preserving the unrenewable resources can be done by maintaining the sto...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/7072 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | Oil and gas are unrenewable resources and they hold important role as the main sources of energy in our country. Oil and gas exploitation will continuously cause reduction of the stock (proven reserve) of that natural resources. Preserving the unrenewable resources can be done by maintaining the stock which is called the proven reserve. We do not have to be stuck just on discovering the same resource for preserving that unrenewable resources, but we can also carry on discovering another unrenewable resources or producing renewable resources which have the same usage, it is, for fulfilling the national energy demand. Preserving the availability of natural resources can be done by setting aside the fund gained from unrenewable natural resources exploitation called depletion premium. The depletion premium can be counted from the net present value of the difference between the price of the resource when it is exhausted (so that we have to import it or use another commodity) and the cost if we produce it alone (because we can preserve its proven reserve). On this paper, the writer try to make an oil and gas project economic analysis with case study: the advance development of a field in Indonesia whose contract has been expired if it is produced again with production sharing contract proposal containing depletion premium within it. Depletion premium application in every oil and gas exploitation project economic analysis will not only assure the sustainability of energy, but also set up endurance in enery sector in the future. |
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