Library / Applicable to all Oil & Gas Operators GUIDELINES FOR PRODUCERS ASSOCIATED GAS UTILISATION PROJECTS Code: DPR Guide 0008 - 2020 Revision Date: 1st August 2020
Applicable to all Oil & Gas Operators GUIDELINES FOR PRODUCERS ASSOCIATED GAS UTILISATION PROJECTS Code: DPR Guide 0008 - 2020 Revision Date: 1st August 2020
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Applicable to all Oil & Gas Operators GUIDELINES FOR PRODUCERS ASSOCIATED GAS UTILISATION PROJECTS Code: DPR Guide 0008 - 2020 Revision Date: 1st August 2020 This is a property of the Department of Petroleum Resources. All rights reserved 14 Deliver or Pay Agreement An agreement that the Producer may sign with the Flare Gas Buyer under which the Producer guarantees to supply an agreed quantity of gas to the Flare Gas Buyer Delivery Point Point within the Metering Station at which the title to the Flare Gas passes from the Seller to the Flare Gas Buyer Department of Petroleum Resources (DPR) The Department of Petroleum Resources of the Federal Ministry of Petroleum Resources, or any successor entity that has statutory responsibility for ensuring compliance with petroleum laws, regulations and guidelines related to the oil and gas industry in Nigeria Emission Credits A generic term for any tradable certificate or permit representing the right to emit metric ton of carbon dioxide or the mass of another greenhouse gas converted to a ton of carbon dioxide equivalent (tCO2e) Existing Offtake Commitment Gas delivery commitment the Producer had in place with a third party for the delivery of Associated Gas to a third party or a Producer Entity prior to the Regulations becoming effective FEED Front end engineering and design FG2M-P Flare Gas-to-Market Technology Product FID Final investment decision Field Development Plan The field development plan as presented by the Producer to the Department of Petroleum Resources for its review and approval. A field development plan (FDP) gives the best technical solutions for field optimisation. A FDP comprises all activities and processes required to develop a field: environmental impact, geophysics, geology, reservoir and production engineering, infrastructure, well design and construction, completion design, surface facilities, economics, and risk assessment. Flare Gas Any natural gas produced in association with Crude Oil and/or Condensate by a Producer and finally diverted toward a Flare Site by the Producer with the intent of flaring the natural gas so diverted, including any such natural gas from a Greenfield Project Flare Gas Buyer The entity which, after having executed the requisite Commercial Agreements with the Seller and having been granted the Permit to
CodesPDF20202020-0814