Considerations in improving AFE quality and time to approvals

It is easy to reduce AFE turnaround time. Just make ball park estimates, use some data from a previous project, some quick calls to equipment providers, some high level assumptions and bang out an AFE. Right? Whilst the above scenario is exaggerated, there is pressure on upstream O&G...

AFE Management in Oil and Gas – Effective management of AFEs in ...

One of the consistent issues faced by operators in the Oil and Gas industry is how to manage AFEs. The AFE (Authorisation for Expenditure) is the mechanism used particularly in a joint venture environment to ensure good cost and budgetary control.   What can go wrong? Well lots...