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18th PTTEP TECHNICAL FORUM

September 11 - 12, 2014

Paper Title State you title here.

Author(s) State author’s name here.

Co-Author(s) State co-author’s name here.

Involving Disciplines State involving disciplines if this project incorporates efforts from various disciplines here.

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Abstract

(Text in Font: Times New Roman – 10 pt.)

Introduction

(Text in Font: Times New Roman – 10 pt.)

Content

(Text in Font: Times New Roman – 10 pt.)

Conclusion

(Text in Font: Times New Roman – 10 pt.)

References

(Text in Font: Times New Roman – 9 pt.)

Remarks:

1.  Refer to Technical Forum paper guidelines to prepare your paper.

2.  Add your topic code in the green box above.

3.  Have your paper in 1-column format only.

4.  Should you wish to join PTT Group Operational Excellence (OE) Knowledge Sharing Campaign 2014, please complete the PTT Group OE Knowledge Sharing Campaign section in the next page.

5.  Make sure to delete these remarks when you submit your paper. Thank you very much.

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-End of Technical Forum Paper-

For PTT Group Operational Excellence

Knowledge Sharing Campaign 2014

1.  Project Status

☐ Full Development

☐ Under Development/ Preliminary Study

2.  Objective(s)

3.  Step of work

4.  Implementation Period (Initiation, Planning, Execution)

Start Date (DD/MM/YY)

End date (DD/MM/YY)

5.  Project Life (Execution, Closure)

Start Date (DD/MM/YY)

End Date (DD/MM/YY)

6.  Investment (Currency must be in Million Baht e.g. 1,000,000 Baht as 1 Mil Baht or 750,000 Baht as 0.75 Mil Baht)

7.  Benefit (Benefit received i.e. reduce cost, improve local community livelihood, save energy, save environment, improve company reputation, etc.)

8.  Benefit Value (Mil.Baht per Year) – See additional information in the last page. For the projects whose benefit value cannot be calculated, please proceed to the next question.

9.  Operational Function

Choose one from the list below.

☐ Asset Management

☐ Drilling, Completion & Well Services

☐ Engineering

☐ Exploration

☐ Maintenance

☐ Operational Supply Chain Management

☐ SSHE (Safety, Security, Health and Environment)

Remarks:

1.  Refer to the PTT Group Knowledge Sharing Submission Guideline to complete this section.

2.  Have your paper in 1-column format only with text in font Times New Roman – 10 pt.

3.  Should you need further assistance, please contact Pongthep K. at 02 537 5969 or .

4.  Make sure to delete these remarks when you submit your paper. Thank you very much.

EXAMPLE OF BENEFIT VALUE CALCULATION

Criterion

·  The Benefit Value should be in Mil.B/Y.

·  In case that the investment cost 1 Mil Baht

Benefit Value = Actual Benefit Earned or Saved

·  In case that the investment cost > 1 Mil Baht

Benefit Value (Mil.B/Y) = Actual Benefit Earned or Saved (Mil.B/Y) – (Investment Cost / Number of Years during the Project Life Period (Maximum of 5 Years)

Calculation Methodology

Actual Benefit Earned or Saved (Mil.B/Y)

Calculation
(*All sources of information to be clearly defined*)
·  Transition shutdown time reduction / 2 / Hr/time
·  Transition shutdown frequency / 10 / Times/year
·  Production rate / 12 / T-PE/hr
·  Product increment (2x10x12) / 240 / T-PE/year
·  Average HDPE price of 2010 / 1,000 / US/T-PE
·  Average exchange rate / 40 / THB/US
·  Total Benefit: 240x1,000x40 = 9,600,000 B/Y / = 9.6 Mil.B/Y

(Investment Cost / Number of Years during the Project Life Period (Maximum of 5 years)

If the investment cost is 10 Mil Baht

Project Lifetime (Years) / Calculation
3 / 10 / 3 = 3.3
>5 / 10 / 5 = 2

Conclusion of the Benefit Value for this Example

Benefit Value
·  If the Project Lifetime = 3 Years / = 9.6 – 3.3
= 6.3 Mil.B/Y
·  If the Project Lifetime > 5 Years / = 9.6 – 2
= 7.6 Mil.B/Y

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