5.1 37. Completion of Exploratory phase 



(go:no-go decision on field development) 



38. Establishment of firm plans and 



commitments (determination of equip- 

 ment requirements, platform types, 

 storage and transport systems, reserves, 

 probable production schedule, optimum 

 well program, government regulations, 

 and additional financial needs) 



39. Estimation of equipment with long 



delivery dates 



40. Establishment of development drilling 



program 



41. Expansion of staff 



42. Selection of engineering and construct- 



ion firms for design and fabrication 

 of platforms, pipelines, terminals, 

 and other systems and facilities 



6.5 43. Design of process system, pipeline, 



support system, and loading and 

 unloading terminals 



44. Installation of platforms, pipelines, 

 and terminals 



9.5 45. Installation of drilling systems and 



drilling and completion of production 

 wells 



10.5 46. Commencement of production 



37 



