Cost-Effective Facilities Design Approach with Sustainability Field Development Plan Towards Achieving Net Zero Carbon Emission

Abstract With the current market fluctuations trend outlook, it is severely more challenging to prove the viability of the major greenfield oil and gas field development. Various key factors in the design are identified to be able to contribute to effectiveness of the facilities concept towards achieving fit of purpose design in terms of cost, safety, and reliability. It is paramount deep dive on this study due to the facilities that mostly contributes 50% of the overall development cost and has significant impact on the project economics. Since offshore greenfield developments the cost are generally high, hence, It is paramount for the Field Development Team to find a balance between Facilities cost with strategy to design for GHG emission reduction. Since new upstream project are required to comply with zero flaring rather, it serves as a beacon, illuminating the pathway for other greenfield projects grappling with similar challenges in their fields—be it high contaminants or waxy crudes. It exemplifies the practical realization of an economical and sustainable Field Development Plan, harmoniously meeting the company's ambition of net-zero carbon emissions while ensuring positive economic projections. The insights shared within this paper are poised to resonate with and inspire a broader spectrum of projects facing comparable challenges, fostering a paradigm shift towards more sustainable and economically sound field development practices.