field development planning

Field development planning is the process used by oil and gas companies to organize and optimize how they extract resources from a specific underground area. It involves assessing the location's geology, estimating how much oil or gas is available, and designing the best way to access and produce these resources efficiently. The goal is to maximize recovery while minimizing costs, environmental impact, and safety risks. This planning includes choosing drilling sites, installing infrastructure, and scheduling operations to ensure the resource is extracted responsibly and economically over the project's lifespan.