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The AAPG/Datapages Combined Publications Database

Southeast Asia Petroleum Exploration Society (SEAPEX)

Abstract


Proceedings of the South East Asia Petroleum Exploration Society Volume VII, 1986
Pages 14-22

Feasibility of Offshore Marginal Oil Field Development

S. T. Davenport, V. R. Fanse, A. M. Finali, L. A. Gebhart

Abstract

Recent changes in fiscal and depletion policies have encouraged the reappraisal of offshore oil fields previously considered economically unattractive. This paper discusses the current trends in marginal oil field development. General factors having a bearing on offshore development have been outlined, and the degree to which they influence the economic terms of the field development decision are discussed. The technical feasibility and economic viability of various concepts are analyzed with the development concepts presented, as an example of the economic sensitivity to specific field parameters.


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