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About Overview On The Emergence of Marginal Oil Fields
The document discusses marginal oil fields in Nigeria and their contribution to oil production in the country. It defines marginal fields as fields that have remained unproduced for over 10 years. Between 2000-2010, 30 marginal fields were awarded to indigenous companies by multinationals, but as of 2016 only 10 had begun production. Initially marginal fields contributed less than 0.1% of national production, but by 2014 nine operators contributed around 2.5% as production increased. However, over 66% of the fields awarded have still not entered production over 10 years later.
Detailed Information
| Author: | ['mai'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 9 |
| Language: | English |
| Format: | |
| Price: | FREE |
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