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The IPFEST 2026 Plan of Development Competition is a prestigious case study competition that challenges participants to design a comprehensive Field Development Plan for a designated petroleum field. In this competition, participants simulate real-world decision-making by evaluating multiple development strategies and selecting the most viable plan to optimize hydrocarbon recovery while managing risks and maximizing value. The proposed development must integrate technical strategies for reservoir management, well placement, surface facilities, transportation systems, and commercialization, while also addressing economic viability and HSE (Health, Safety, and Environment) concerns. This competition not only deepens participants' understanding of the upstream oil and gas industry but also cultivates teamwork, critical thinking, and problem-solving skills in a high-stakes, multidisciplinary environment.