Surviving the Low Oil Price Cycle While Increasing Production Through Best Practices in Workover and Drilling Operations; Case Study of a Marginal Field in Niger Delta, Nigeria

Application of Intelligent Completion Solution in a Marginal Field-Okporhuru Field Case Study, Onshore Niger Delta

10.2118/178756-ms ◽

2015 ◽

Cited By ~ 1

Author(s):

F. Afolabi ◽

I. Yahaya ◽

B. Pepple ◽

A. Oke ◽

M. Gee ◽

...

Keyword(s):

Niger Delta ◽

Field Case ◽

Marginal Field

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Optimized Technical and Commercial Strategy for Marginal Field Re-Entry – A Case Study

10.2118/207081-ms ◽

2021 ◽

Author(s):

Onyeka Onwuemene

Keyword(s):

Niger Delta ◽

Oil And Gas ◽

Effective Means ◽

Cost Effective ◽

Green Energy ◽

Capital Outlay ◽

Oil Companies ◽

The Face ◽

Marginal Field

Abstract This paper examines an optimized strategy and approach for executing a marginal field re-entry in the face of harsh global economic realities in the oil and gas sector. With dwindling and depressing oil prices driven by demand & supply volatility with root causes traceable to some factors such as the prevalent health pandemic, clamor for green energy, climate change discussions, geopolitics etc, the operating model for oil companies will need to drastically change to reflect current realities. Due to rapid global urbanization and increasing population amongst other factors, there is a corresponding huge appetite for oil to meet energy demands. This has led to exploration in unconventional terrains, utilization of the full extent of primary and secondary recovery mechanisms to attain high RFs in already producing fields and in some extreme cases, the development of marginal fields. In the Niger Delta area of Nigeria, marginal fields usually given up by Oil majors or abandoned following production exigencies and government laws are acquired and operated by indeginous companies. These indigenous players look for the most cost-effective means to produce these assets as it becomes the only way to make profit. A case study for field re-entry in the Niger Delta, which emphasized relatively/comparatively reduced capital outlay dependent on the technical approach is examined. Lessons learnt are drawn to aid enlightened go-forward actions and that will ensure a go-to template for similar future marginal field re-entry projects.

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Optimizing Offshore Marginal Field Value through an Integrated Sequential Development at Low Oil Price, Case Study: MJ and MX Field Offshore North West Java Indonesia

10.29118/ipa.50.17.165.e ◽

2018 ◽

Author(s):

Muhammad Rasyid Ridlah

Keyword(s):

Oil Price ◽

West Java ◽

North West ◽

Sequential Development ◽

Marginal Field

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Effect of Shale Properties on Wellbore Instability during Drilling Operations: A Case Study of Selected Fields in Niger Delta-Nigeria

International Journal of Petroleum and Petrochemical Engineering ◽

10.20431/2454-7980.0301003 ◽

2017 ◽

Vol 3 (1) ◽

Keyword(s):

Niger Delta ◽

Wellbore Instability ◽

Drilling Operations

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The Environmental Accounting: Experiences From Overseas and Solutions for Marginal Field Operators in Nigeria

10.2118/207099-ms ◽

2021 ◽

Author(s):

Humphrey Otombosoba Oruwari

Keyword(s):

Environmental Performance ◽

Niger Delta ◽

Environmental Issues ◽

Environmental Accounting ◽

Oil Field ◽

Delta Region ◽

Niger Delta Region ◽

Key Points ◽

Marginal Field

Abstract Marginal oil field operators have been bedeviled by several challenges since its inception, among which are financial, technological, socio-political, ecological and environmental issues. The study examined how marginal oil field operating in Niger Delta region of Nigeria could integrate and incorporate environmental accounting for managing the environmental performance of their businesses efficiently. Using literature review and case study, the study revealed that at present, environmental accounting is gradually being implemented worldwide. It is the duty of companies to apply environmental accounting to the lives of individuals. The study summarizes some key points regarding environmental accounting, the introduction of environmental accounting in some countries around the world and demonstrates some challenges in our country's application of environmental accounting to provide some solutions to boost the application of environmental accounting to marginal oil field operators in Niger Delta. The study recommends that environmental accounting will enhance the operations of marginal oil field in Niger Delta region.

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