Understanding Marginal Fields
Marginal fields can be broadly defined as oil and gas fields which are uneconomic to develop due to reserve size, complexity, fiscal and market conditions, or distance from nearby infrastructure. They could also be low volume producing fields near the end of their economic life where revenue is below operating expenditure.
Our Goal
Contribute to creating the highest possible value for the society from the oil and gas activities by means of prudent resource management based on safety the natural environment, efficient processing of oil and gas assets and at their best competitive prices in the market.
Out Approach
Contribute to cost-effective exploration, production, utilization of infrastructure and integrated solutions of the licensed field.
Responsibility to ensure we develop operational frameworks that comply with the general safety of the environment.
Focus on the use of NEW technologies to improve recoverable reserves of the marginal fields.