The FPSO Solution to Marginal Field Development
Hollie Smyth
01/15/2018
01/15/2018
Traditionally, the development of marginal oil fields has been restricted by the fundamental difficulties of extracting oil from deepwater and stranded pools and high Capital Expenditure (CAPEX) versus low potential yield. However, as the desire for national oil and gas independence intersects with technological advancements, the feasibility and desirability of marginal field exploitation has increased exponentially.
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