Project Investment Analysis on New Oil and Gas Field Development (M-X) at Pt. PTM
نویسندگان
چکیده
PT.PTM as one of major oil and gas company in Indonesia contributes highly to fulfilling demand Indonesia. However, with more than 40 years operation, PT. PTM is currently at its declining phase. Aggressive development projects have been planned sustain production. The latest project M-X new field developments. This Final Project intended assess the feasibility terms economic considering possible dynamic changes several factors. results this final will help management decide whether invest field. Both Discounted Non-Discounted Cash Flow (DCF Non DCF) be used investment analysis. Revenue cost breakdown follow Production Sharing Contract (PSC) – Cost Recovery scheme applied for PTM. Non-DCF analysis shows that 264.65 MMUSD net cash flow generated Government due while gain 49.97 payback period 3 after DCF result Net Present Value (NPV) 4.35 an IRR 12%. Financial risk analyzed using Montecarlo simulation resulted on 23.3% probability negative NPV Mean 13.93 MMUSD. from method positive proceed planning development.
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ژورنال
عنوان ژورنال: European Journal of Business and Management Research
سال: 2023
ISSN: ['2507-1076']
DOI: https://doi.org/10.24018/ejbmr.2023.8.4.2001