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picture1_Oil Pdf 177536 | 20172018naturalgasandpetro


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File: Oil Pdf 177536 | 20172018naturalgasandpetro
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 ...

icon picture PDF Filetype PDF | Posted on 29 Jan 2023 | 2 years ago
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                                                                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 
                                                                            
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         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 
                                   
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                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. 
                                                        
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               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 
                                                                                                                                             
                                                   
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...Business plan year department head brad maynes title general manager phone e mail bramay medicinehat ca natural gas petroleum resources sub departments departmental overview purpose to provide the maximum dividend possible city of medicine hat for benefit citizens objective conduct in a safe and ethical manner within regulatory standards maximizing shareholder value cash flow through controlling costs expedient abandonment non services provided by include economic assets optimizing current production asset development new revenue oil marketing generation divestment core accounting reservoir management performance reporting surface land environment total budget environmental stewardship expenditures mineral joint venture manage leases partner agreements contracts operations maintain optimize safely operate wells facilities pipelines subsurface technical discover sources projects table contents corporate mission statement organizational chart customers key indicators significant issues t...

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