Saudi Aramco GI 20.101 DEVELOPMENT DRILLING PROGRAM AND BUDGET
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This General Instruction (GI) 20.101 outlines the Saudi Aramco Development Drilling Program and Budget, detailing the objectives, scope, and responsibilities for its execution. It covers the comprehensive five-year program, including proposed plans and expenditures for meeting future oil and gas production requirements, delineating reserves, and assessing reservoir properties in both new and existing fields.
The document specifies how to identify, cost, and benefit future development investments, plan for annual expenditures, and integrate this into corporate cash flow. It also details the review and approval processes, budget revision procedures, and accountability reporting mechanisms, including key reports like AR-197 and AR-190-2.
This crucial document guides the strategic financial planning and operational execution of vital upstream drilling activities. Ideal for financial analysts, petroleum engineers, budget managers, and HSE coordinators working in the oil and gas industry.