Petroleum, petrochemical and natural gas industries - Life cycle costing (ISO 15663:2021)

This document specifies requirements for and gives guidance on the application of life cycle costing to create value for the development activities and operations associated with drilling, exploitation, processing and transport of petroleum, petrochemical and natural gas resources. This document covers facilities and associated activities within different business categories (upstream, midstream, downstream and petrochemical).
The life cycle costing process as described in this document is applicable when making decisions between competing options that are differentiated by cost and/or economic value. This document is not concerned with decision-making related to the economic performance of individual options or options differentiated by factors other than cost or economic value.
Guidance is provided on the management methodology and application of life cycle costing in support of decision-making across life cycle phases. The extent of planning and management depends on the magnitude of the costs involved, the potential value that can be created and the life cycle phase. It also provides the means of identifying cost drivers and provides a cost-control framework for these cost drivers, allowing effective cost control and optimization over the entire life of an asset.

Erdöl-, petrochemische und Erdgasindustrie - Lebenszykluskostenrechnung (ISO 15663:2021)

Industries du pétrole et du gaz naturel - Estimation des coûts globaux de production et de traitement (ISO 15663:2021)

Le présent document spécifie des exigences et fournit des recommandations pour l'application d'un processus d'estimation des coûts globaux de production et de traitement afin de générer de la valeur pour les activités de développement et pour les opérations associées au forage, à l'exploitation, au traitement et au transport de ressources pétrolières, pétrochimiques et de gaz naturel. Le présent document traite des installations et des activités associées dans différentes catégories d'activité (amont, intermédiaire, aval et pétrochimique).
Le processus d'estimation des coûts globaux de production et de traitement décrit dans le présent document s'applique lors de la prise de décisions entre des options concurrentes qui se différencient par leur coût et/ou leur valeur économique. Le présent document ne s'applique pas à la prise de décisions associées à la performance économique d'options individuelles ou d'options différenciées par des facteurs autres que le coût ou la valeur économique.
Il fournit des recommandations sur la méthodologie de gestion et sur l'application du processus d'estimation des coûts globaux de production et de traitement à l'appui du processus décisionnel au cours de différentes phases du cycle de vie. L'amplitude de planification et de gestion dépend de l'ampleur des coûts impliqués, de la valeur potentielle pouvant être générée et des phases du cycle de vie. Le présent document fournit également un moyen d'identifier les inducteurs de coût et un cadre de maîtrise des coûts pour ces mêmes inducteurs, afin de permettre une maîtrise efficace des coûts et une optimisation tout au long de la durée de vie d'un actif.

Petrokemična industrija ter industrija za predelavo nafte in zemeljskega plina - Stroški življenjskega cikla (ISO 15663:2021)

General Information

Status
Published
Publication Date
16-Mar-2021
Withdrawal Date
29-Sep-2021
Current Stage
6060 - Definitive text made available (DAV) - Publishing
Start Date
17-Mar-2021
Completion Date
17-Mar-2021

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SLOVENSKI STANDARD
01-maj-2021
Nadomešča:
SIST EN ISO 15663-1:2007
Petrokemična industrija ter industrija za predelavo nafte in zemeljskega plina -
Stroški življenjskega cikla (ISO 15663:2021)
Petroleum, petrochemical and natural gas industries - Life cycle costing (ISO
15663:2021)
Erdöl- und Erdgasindustrie - Betriebsdauerkosten (ISO 15663:2021)
Industries du pétrole et du gaz naturel - Estimation des coûts globaux de production et
de traitement (ISO 15663:2021)
Ta slovenski standard je istoveten z: EN ISO 15663:2021
ICS:
13.020.60 Življenjski ciklusi izdelkov Product life-cycles
75.020 Pridobivanje in predelava Extraction and processing of
nafte in zemeljskega plina petroleum and natural gas
2003-01.Slovenski inštitut za standardizacijo. Razmnoževanje celote ali delov tega standarda ni dovoljeno.

EN ISO 15663
EUROPEAN STANDARD
NORME EUROPÉENNE
March 2021
EUROPÄISCHE NORM
ICS 75.020 Supersedes EN ISO 15663-1:2006
English Version
Petroleum, petrochemical and natural gas industries - Life
cycle costing (ISO 15663:2021)
Industries du pétrole et du gaz naturel - Estimation des Erdöl- und Erdgasindustrie - Betriebsdauerkosten (ISO
coûts globaux de production et de traitement (ISO 15663:2021)
15663:2021)
This European Standard was approved by CEN on 2 February 2021.

CEN members are bound to comply with the CEN/CENELEC Internal Regulations which stipulate the conditions for giving this
European Standard the status of a national standard without any alteration. Up-to-date lists and bibliographical references
concerning such national standards may be obtained on application to the CEN-CENELEC Management Centre or to any CEN
member.
This European Standard exists in three official versions (English, French, German). A version in any other language made by
translation under the responsibility of a CEN member into its own language and notified to the CEN-CENELEC Management
Centre has the same status as the official versions.

CEN members are the national standards bodies of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia,
Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway,
Poland, Portugal, Republic of North Macedonia, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and
United Kingdom.
EUROPEAN COMMITTEE FOR STANDARDIZATION
COMITÉ EUROPÉEN DE NORMALISATION

EUROPÄISCHES KOMITEE FÜR NORMUNG

CEN-CENELEC Management Centre: Rue de la Science 23, B-1040 Brussels
© 2021 CEN All rights of exploitation in any form and by any means reserved Ref. No. EN ISO 15663:2021 E
worldwide for CEN national Members.

Contents Page
European foreword . 3

European foreword
This document (EN ISO 15663:2021) has been prepared by Technical Committee ISO/TC 67 "Materials,
equipment and offshore structures for petroleum, petrochemical and natural gas industries" in
collaboration with Technical Committee CEN/TC 12 “Materials, equipment and offshore structures for
petroleum, petrochemical and natural gas industries” the secretariat of which is held by NEN.
This European Standard shall be given the status of a national standard, either by publication of an
identical text or by endorsement, at the latest by September 2021, and conflicting national standards
shall be withdrawn at the latest by September 2021.
Attention is drawn to the possibility that some of the elements of this document may be the subject of
patent rights. CEN shall not be held responsible for identifying any or all such patent rights.
This document supersedes EN ISO 15663-1:2006.
According to the CEN-CENELEC Internal Regulations, the national standards organizations of the
following countries are bound to implement this European Standard: Austria, Belgium, Bulgaria,
Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland,
Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Republic of
North Macedonia, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and the
United Kingdom.
Endorsement notice
The text of ISO 15663:2021 has been approved by CEN as EN ISO 15663:2021 without any modification.

INTERNATIONAL ISO
STANDARD 15663
First edition
2021-02
Petroleum, petrochemical and natural
gas industries — Life cycle costing
Industries du pétrole et du gaz naturel — Estimation des coûts
globaux de production et de traitement
Reference number
ISO 15663:2021(E)
©
ISO 2021
ISO 15663:2021(E)
© ISO 2021
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of this publication may
be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting
on the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address
below or ISO’s member body in the country of the requester.
ISO copyright office
CP 401 • Ch. de Blandonnet 8
CH-1214 Vernier, Geneva
Phone: +41 22 749 01 11
Email: copyright@iso.org
Website: www.iso.org
Published in Switzerland
ii © ISO 2021 – All rights reserved

ISO 15663:2021(E)
Contents Page
Foreword .v
Introduction .vi
1 Scope . 1
2 Normative references . 1
3 Terms, definitions and abbreviated terms . 1
3.1 Terms and definitions . 1
3.2 Abbreviated terms . 8
4 Application . 8
4.1 Users of this document . 8
4.2 Framework conditions . 9
4.3 Limitations .10
4.3.1 General.10
4.3.2 HSE considerations .11
4.3.3 Sustainability and climate change considerations .11
4.4 Benefits of life cycle costing .12
4.5 Life cycle costing within the life cycle phases .13
4.6 Life cycle costing subject matters .15
4.7 Technology development .16
5 Management of life cycle costing .16
5.1 General .16
5.2 Objectives for management of life cycle costing .17
5.3 Roles and responsibilities .18
5.4 Strategy and planning – life cycle costing management plan .19
5.4.1 Life cycle costing management plan .19
5.4.2 Life cycle costing process .19
5.5 Contractual strategies .20
5.6 Assessment and feedback .20
5.7 Training and competence .21
6 Methodology .21
6.1 General .21
6.2 Step 1 — Scoping .21
6.2.1 Objective . .21
6.2.2 Define scope and measures .22
6.2.3 Identify potential options.24
6.2.4 Define options .24
6.3 Step 2 — Cost drivers and data collection .24
6.3.1 Objective . .24
6.3.2 Identify potential cost drivers .25
6.3.3 Define cost elements .26
6.3.4 Identify and collect data .26
6.4 Step 3 — Modelling and analysis .26
6.4.1 Objective . .26
6.4.2 Develop model .26
6.4.3 Analyse and assess .27
6.4.4 Consider uncertainties and sensitivities .27
6.5 Step 4 — Reporting and decision-making .28
6.5.1 Objective . .
...

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