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QUANTIFICATION OF UNCERTAINTY AND RISKS FOR DEVELOPING MARGINAL FIELDS
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- Contributor: mr-chris
- engagements: 358
- Case No: 784337ip
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ABSRACT - [ Total Page(s): 1 ]
The Niger Delta is Nigeria’s and
Africa’s most prol ific producing basin and has some untapped oil
resources because of their marginality. The development of marginal oil
field in Nigeria has now become an important strategic issue. This is
due to the vast availability of these fields scattered all over the
Niger Delta. The Federal Government of Nigeria in a bid to kick-off
indigenous participation in the upstream sector of the petroleum
industry initiated the marginal field program. This was also
... Continue Reading
CHAPTER ONE - [ Total Page(s): 1 ]CHAPTER ONE1.0 INTRODUCTION1.1 PROBLEM DESCRIPTIONThe Niger Delta is situated in the Gulf of Guinea and has prograded south westward from Eocene to the present forming various depobelts. It is Africa’s largest and most prolific oil producing basin and also one of the world’s largest delta systems of tertiary age and coversan area of about 75,000 km2. Several discovered marginal fields exist in the onshore delta area which provides attractive opportunity for development due to presence of multi stacked good quality reservoirs associated with growth fault related st ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]
The Niger Delta is Nigeria’s and
Africa’s most prol ific producing basin and has some untapped oil
resources because of their marginality. The development of marginal oil
field in Nigeria has now become an important strategic issue. This is
due to the vast availability of these fields scattered all over the
Niger Delta. The Federal Government of Nigeria in a bid to kick-off
indigenous participation in the upstream sector of the petroleum
industry initiated the marginal field program. This was also
... Continue Reading
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