Abstract:What constitutes a marginal field varies greatly but it is certain that extended time periods of low oil prices only magnify the challenges in developing such fields as it can stir even the largest reservoirs to go from commercially viable to marginal. E field is a marginal development project that must contend with all these unique set of challenges. For many years the project struggled to achieve minimum thresholds for funding. To develop the field during a low oil price market represented a cost-opportunity… Show more
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