142x Filetype PDF File size 1.47 MB Source: www.medicinehat.ca
BUSINESS PLAN 2 Year Business Plan Department Head: Brad Maynes Title: General Manager 2017-2018 Phone: 403-525-8614 E-mail: bramay@medicinehat.ca Natural Gas & Petroleum Resources Sub departments 1 | 2 | 3 DEPARTMENTAL OVERVIEW Purpose: To provide the maximum dividend possible to the City of Medicine Hat for the benefit of the citizens. Objective: Conduct business in a safe and ethical manner within regulatory standards, maximizing shareholder value and cash flow through controlling costs, expedient abandonment of non- SERVICES PROVIDED BY THE DEPARTMENT INCLUDE: economic assets, optimizing current production, current asset development, new asset revenue Business Services – oil & gas marketing, generation, and divestment of non-core assets. production accounting, reservoir management, business development, and performance reporting Surface Land & Environment – surface land Total Budget and environmental stewardship Expenditures Mineral & Joint Venture – manage mineral leases, partner agreements, and contracts City Department Production Operations – maintain, optimize and safely operate wells, facilities, and pipelines Subsurface Technical – discover new revenue sources and manage development projects 11 16 TABLE OF CONTENTS Department Overview Corporate Mission Statement .............................................................................................. 3 Organizational Chart ............................................................................................................ 3 Core Services and Customers ............................................................................................. 3 Key Performance Indicators for 2017-18 .............................................................................. 3 Significant Issues and Trends .............................................................................................. 4 Current Strategies & Action Plan Strategic Priorities ................................................................................................................ 6 Service Enhancement .......................................................................................................... 6 Financial Plan Summary & Highlights .................................................................................... 7 2014-2018 Council Strategic Priorities and Key Results....................................................... 9 Attachments Attachment A – TCA Decision Packages ............................................................................. 12 12 17 DEPARTMENT OVERVIEW Corporate Mission Statement “Deliver value through exceptional public service.” Organizational Chart General Manager Brad Maynes (97 FTE) Business Services Surface Land & Mineral & Joint Operations Subsurface Technical Environment Venture Murray Trollope Kevin Redden Brad McNeely Jim Troyer Jody Smith (13 FTE) (8 FTE) (7 FTE) (57 FTE) (9 FTE) Core Services & Customers NGPR Objective: Conduct business in a safe and ethical manner within regulatory standards, maximizing shareholder value and cash flow through controlling costs, expedient abandonment of non-economic assets, optimizing current production, development where economic, and divestment of non-core assets. External Customers: Crown and Freehold surface and mineral lease owners, grazing leaseholders, Provincial & Federal regulatory agencies, operating and non-operating partners, and service providers. Internal Customers: City of Medicine Hat departments including NGPR, City Council, Energy Committee, Gas Distribution, Electric Generation, Finance, Treasury, Legal, Purchasing, and Fleet and citizens of Medicine Hat. 13 18 Key Performance Indicators (KPI’s) for 2017-18 Safety, Environmental & Regulatory Zero Lost Time Incidents Zero Preventable Vehicle Incidents Zero High Risk Environmental Incidents Zero High Risk Regulatory Incidents Sales Volume 2017 goal = 9,154 boe/day 2018 goal = 10,111 boe/day Operating Excellence Administrative Costs = $4.49/boe for 2017 and $4.10/boe for 2018 Natural Gas Lifting Costs = $2.17/mcf for 2017 and $2.31/mcf for 2018 Oil Lifting Costs = $14.61/bbl for 2017 and $14.49/bbl for 2018 Finding & Development Goal = $17.16/boe per Growth Strategy Reserves (proved plus probable) 2017 goal = 28,237 mboe 2018 goal = 26,863 mboe 14 19
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