AFE

AFE

AFE - Authority for CAPEX expenditures.

PO is attached to AFE.

AFE Attributes

• Number
• Code
• CAPEX
• Description
• Total Cost free of VAT
• Total Cost incl. VAT
• Project Start Date
• Project Finish Date
• Attached files

AFE Status

• Status: Open/Closed
• Approval Status
• Budgeted: yes/no

AFE Authorization

1	Well construction
1a	Production well construction
1b	Exploration well construction