KELOMPOK 5 Fahrein All sandra Indra Hasbiantio Mika Ekapaksi Rahman Dewo (F0111029) (F0111038) (F0111049) (F0111066)

Victor Unedo Sitorus (F0111078)

Nama Penulis : PEI Guihong and HUANG Xiaolan Tahun : Judul : Application of NPV Method in Oilfield Well Pattern Design Landasan Teori : The paper represented the technical and economical characteristic of Oilfield development project and gave out the main economic index calculation method. By analyzing the oilfield investment project, it is suggested that the total net present value should be used to evaluate the economic benefit in oilfield investment project. Metode dan Subjek : The sum of the living labor and materialized labor during oilfield development is called crude oil cost. The cost used to evaluate oilfield development project economic and economic forecast is combined with technical law in oilfield. The total cost referees the production cost, financial cost, management fees and cost of marketing. From the oil production law, we can find that there are many factors which influence crude oil cost. If only consider the oil development, the crude oil cost can be divided into fixed cost and variabel cost. Instrumen :

TNPV : Total Net Present Value JNPV : Basic Net Present Value ZNPV : Recut Net Present Value

NCFt+ : The Plus Cash Flow in tth year ir ic Hasil : We can find that the results calculated by the NPV method is much similar to the results calculated by the intersecting method. The intersecting method is too complex for the engineers in oilfield, compared to it, the NPV method is simple and can easily to learn and use. So, the NPV method can used to determine the well pattern in oilfield. Kesimpulan : The paper represented the technical and economical characteristic of Oilfield development project and gave out the main economic index calculation method. By analyzing the oilfield investment project, it is suggested that the total bet present value should be used to evaluate the economic benefit in oilfield investment project. From the example study, it is found that the results got by the total NPV method is much similar to the results which calculated by intersecting method. The total NPV method is simple compared with other method, and is easily to learn and use in oilfield investment project evaluation. : Recur Investment Yield : Standard Yield