Untuk memenuhi target produksi gas alam, VICO Indonesia mengoptimalkan lapangan gas tua yang ada dengan menerapkan strategi dan teknologi yang tepat. Berdasarkan forecast jumlah kandungan reservoirs yang ada, Lapangan X merupakan yang paling potensial unluk dieksploilasi. Namun tetap dibutuhkan analisis kelayakan investasi untuk mengetahui nilai ekonomis sumur-sumur yang akan dieksplorasi, yang meliputi aktititas mengidentitikasi rencana pengembangan sumur gas baru, perhitungan cash flow, analisis capital budgeting, Serta analisis sensilivitas untuk melihat pengaruh faktor fluktuasi cadangan gas atau produksi, harga pasar, maupun pembelanjaan modal terhadap rencana pengembangan sumur baru. Metode penelilian yang digunakan adalah studi kepuslakaan dan observasi perusahaan melalui Studi data intemal maupun eksternal perusahaan. Hasil analisis berdasarkan perhitungan NPV, IRR, dan Payback Period yang dilakukan memberikan kesimpulan bahwa investasi pada pengembangan 25 sumur baru di lapangan X masih sangat aktraktif secara ekonomis.
In order to meet natural gas production target, VICO Indonesia optimizes the existing matured gas field with the implementation of proper .strategy and technology. In accordance with the forecast of its reservoirs contents, the Field X is the most potential gas jield to be explored. But still, the investment feasibility analysis to determine the economic value ofthe gas wells to be explored is critically needed, which includes activities such as identification of new gas well development plan, cash flow calculations, capital budgeting analysis, and sensitivity analysis to oversee the influences of fluctuating factors, such as gas reserves or production, market price, and capital expenditure of the new wells development plan. The research methodology involves literature studies and company observations through the study of company 's internal and external data. The result of analysis with NPK IRR, and Payback Period calculation methods concludes that the investment of the development of 25 new gas wells in Field X is still economically attractive.