Studies (1.0.0)

The studies API is responsible for study data within FDPlan.

The key API concepts include:

• studies: A study covers the allocation of time and resources to gain knowledge of an asset, identify potential opportunities and threats, derive and evaluate candidate development scenarios, and make critical decisions in field-development planning. It can also be referred to as an asset evaluation project or a conceptual field-development planning project. You can have several studies for different stages of field-development planning, such as one study for the appraisal stage and another for the concept selection stage.

• KPOs: A key performance objective (KPO) is an objective that is critical to the success of the project. Typically, three to five objectives are identified as key objectives.

• KPIs: A key performance indicator (KPI) represents the performance of the current development scenario compared with the key performance objective, for example, net present value (NPV), internal rate of return (IRR), payback period, date of first oil, maximum exposure, and proven reserves.

• decisions: A decision must be made or has been made to define the field-development plan. It can contain one or more available choices to select. A decision is made when one of the available choices is selected.

• choices: A choice is an option you can choose to make a decision. It can also be referred to as a concept. There can be multiple available choices in making a decision. A choice can be available or unavailable, and can be selected or unselected.

• scenarios: A scenario is a combination of development choices that describes a particular way to develop a field. It can also be referred to as a development scenario, a concept, or a development option.

• deliverables: A deliverable is a work item in which you can manage the life cycle of the required data or the documents for a study. It holds the information on the status of the domain contribution, the contributors, the approvers, and the due date. A contribution that fulfills a deliverable is referred to as an 'data source'.