Information Management: Key Strategic Tools to Unlock the Barriers to Marginal Oil Field Development in Niger Delta

2020 ◽  
Author(s):  
Humphrey Otombosoba Oruwari
2021 ◽  
Author(s):  
Humphrey Otombosoba Oruwari

Abstract The objective of the study was to examine the assertion that marginal oil field development remains one of the economic fortunes of Niger Delta region in Nigeria. This is evident with its shares in the region power output as well as its contribution to the industrialization. Multiple case studies of marginal oil field operations corroborate the relationship between marginal field development and economic fortunes of Niger Delta region. Marginal field firms provide electricity to the host communities where they operate. Also, industries are fed with natural gas from marginal field operating in the region. The marginal field operators ensures that host communities are getting electricity. Also cement factory is fed from natural gas operating in the area. However, the management of marginal field resources has been far from being optimally beneficial. The real issue is how to manage the marginal field for the welfare of the people. Against this background, the study findings suggested that the country marginal field wealth be used to implement people-oriented programmes for better welfare spread.


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