Marginal Field Development
Marginal fields are oil fields that are producing crude oil but not at a level of production that is economically viable for the oil majors. As such, these fields are either neglected or abandoned. African countries have therefore, resorted to reclaiming these fields and re-awarding them to local in-country firms as a venue for creating great opportunity for local content development and the empowerment of its people.
We provide the following services to ensure the success of the allocation of these fields:
- Reserve Characterization and Performance Analysis
- Production Optimization Services
- Field Revitalization and Rehabilitation.
- Organizing strategic partnerships within the marginal field operators to encourage communal growth and reduce capital outlays.
- Seeking and negotiating finance and finding financial partners.
