Oil And Gas Afe Template With Calculator
Description
How to fill out Authorization For Expenditure - "AFE"?
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FAQ
An AFE (Authorization for Expenditure) workflow is a process used to approve and track expenditures and other financial transactions. It involves the submission of an AFE request which is then reviewed by the appropriate personnel and either approved or rejected.
Authorization for Expenditures For example, a club might use an AFE to authorize renovations for its meeting space. In your business, on the other hand, you might use an AFE to purchase new software to upgrade your computer systems. AFEs are typically used for projects outside of normal operations.
Authorization for expenditure (AFE) 1. n. [Oil and Gas Business] A budgetary document, usually prepared by the operator, to list estimated expenses of drilling a well to a specified depth, casing point or geological objective, and then either completing or abandoning the well.
Abstract. Amniotic fluid embolism (AFE) is one of the catastrophic complications of pregnancy in which amniotic fluid, fetal cells, hair, or other debris enters into the maternal pulmonary circulation, causing cardiovascular collapse.
Authorizations For Expenditure (AFEs) are typically raised by companies to provide a draw down against the broader capital budgets in relation to specific projects and account for the budget, projected field costs and actual costs based on a standard chart of accounts which depends on the type of project.
