An Asset Team is a multidisciplinary group of professionals that are charged with the stewardship of a particular collection of an organizations oil and gas assets.  This collection is often defined geographically or as a group of specifically named fields and/or licences. The group of assets under the management of a given team are usually self contained, with very little or no overlap with other asset teams.  An asset team is responsible for developing the asset development plan (ADP) and the field development plan (FDP) and managing the execution of them, at times utilizing shared services such as Drilling or Facilities specialists.