Harmonizing Environmental And Economic Profiles in a Marginal Oil Field Development Project: A Case Study

1998 ◽  
Author(s):  
T.G. Brown ◽  
M.H. Nour
Keyword(s):  
Development Project ◽  
Oil Field ◽  
Field Development ◽  
Oil Field Development

Economic Risk Analysis of Offshore Projects

1992 ◽  
Vol 114 (3) ◽  
pp. 165-174 ◽  
Author(s):  
E. M. Bitner-Gregersen ◽  
J. Lereim ◽  
I. Monnier ◽  
R. Skjong
Keyword(s):  
Net Present Value ◽  
Oil And Gas ◽  
Development Project ◽  
Oil Field ◽  
Economic Risk ◽  
Gas Field ◽  
Cost Overruns ◽  
Field Development ◽  
Project Assessment ◽  
Oil Field Development

A quantitative analysis of economic risk associated with large investments in offshore oil and gas field development and production is presented. The analysis is intended as a supporting tool in decision-making faced with uncertainty and risk, to study the effect of alternative decisions in an easy manner. The descriptors for the project assessment, such as the Internal Rate of Return (IRR) and Net Present Value (NPV) are applied. The study demonstrates first the impacts of early pilot production (EPP) prior to a main oil field development on the field economy of an oil field development and production installation. Furthermore, the result of cases which reflect relevant situations connected with cost overruns are presented, as well as derivation of rational decision criteria for termination/continuation of a project subjected to cost overruns. Finally, an oil field development project scheduling is demonstrated.

The Application of Wind and Solar Power Generation System in the Ocean Marginal Oil Field Development

2011 ◽  
Vol 282-283 ◽  
pp. 731-734
Author(s):  
Shi Hui Qiu ◽  
Qi Wang
Keyword(s):  
Power Generation ◽  
Solar Power ◽  
Low Cost ◽  
Development Project ◽  
Oil Field ◽  
Generation System ◽  
Field Development ◽  
Solar Power Generation ◽  
Oil Field Development ◽  
Power Generation System

Facing the growing energy needs, ocean marginal fields more and more attention. But the supply is one of the constraints of ocean marginal oil field development. Therefore research and development in power supply system of local installation, low cost, easy maintenance and management, resource conservation, environmental-friendly is critical. This paper investigates the application of wind and solar energy development, as against the existing marginal oil field development project, through designing wind and solar power generation system to discuss the development of marginal oil fields in the feasibility of the application to make constructive comments.

scholarly journals Impact of Oil Installations on The Rural Development and Environment

2021 ◽  
Vol 4 (1) ◽  
pp. 1-6
Author(s):  
Rostam S. Aziz ◽  
Bahra R. Othman ◽  
Ganjo Kh. Muhammed ◽  
Loghman Khodakarami
Keyword(s):  
Rural Areas ◽  
Oil Field ◽  
Survey Study ◽  
Rural Residents ◽  
Cultural Economic ◽  
Field Development ◽  
Oil Field Development ◽  
Important Means ◽  
Development And Environment

There is no doubt that oil is considered a strategic commodity for producing and exporting. It is been experienced that oil is an important means to achieve economic growth. The oil industries encounter conflicts such as widespread environmental issues, human displacement, and inadequate compensation for losses imposed in the oil-producing communities, and inadequate community level involvement. These are leading to alienation between states and the indigenous population. The aim of the current research is to investigate the impacts of oil field development for rural areas, having Taq-Taq Oil Field in Kurdistan Region Iraq (KRG) as a case study. The research project was conducted in the form of a survey study. The population of the study included the rural residents in six villages around the field. The necessary data for this research was collected squarely 48 samples. Rural residents in the study area were taken using a random sampling method. The reliability of the questionnaire was calculated by Cronbach alpha coefficient for different sections. After conducting a pilot study for each structure respectively calculated: economic infrastructural, social, cultural, and environmental factors. The results of factor analysis showed that the negative and positive impacts of oil industry development occurred in the rural area. In this case study, a variance of %64 explained for entire factors included: infrastructural, social, cultural, economic, and environmental.

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