marginal fields

The national oil company credits lean operating practices and AI for making the three-well, 45,000 B/D project economically viable.

This paper describes a revamped methodology for field-development strategy formulation, particularly for marginal hydrocarbon resources, by shifting the mindset toward designing with an aim to value in order to improve project viability.

The framework and success of future opportunities is reliant on the data used to quantify them, and this is something of which all mature fields have plenty. As they have delivered value throughout their life, the uncertainty associated with them reduces, and the new ideas discussed here come to light.

The local player completes second field in Block 1(a) off the west coast of Trinidad. The unmanned platform is completely powered by solar and wind.

The paper highlights two case studies to illustrate successful development of marginal prospects to unlock remaining potential.

This paper discusses various best practice technical strategies for decommissioning which can be applied in the Southeast Asia region, and throughout the world. The strategies proposed can result in an estimated operator saving of more than 30% over the entire decommissioning execution expenditure. The processes discussed are included in the typical steps of prelimina…

The Oil & Natural Gas Corporation (ONGC) has invited bids for partnership to raise production from 64 marginal fields that were given to the company by the government without bidding. As they are small in size, these fields are uneconomical for a larger company.

Country had hoped to boost oil output and bring in much-needed revenues.

The Offshore Technology Conference was cancelled for the first time ever due to the COVID-19 pandemic. But the flow of ideas continues. As proof, this curated summary of technical papers highlights unique concepts that might someday reduce the offshore sector’s heavy cost burdens.

This paper focuses on the applicability of subsea processing technology employing multiphase pumps to develop marginal fields commercially. Analytical methods were used to evaluate the pumps, and the results were validated through case studies in specific fields.