Webmarginal field) successfully completed the first phase of the oil field development and is currently producing 4,000 barrels of oil per day (bpd). It expects to move higher to 7,000 bpd after a production optimisation process is concluded. The challenges Assuming that the marginal field bid round runs its course, there are various challenges to ... WebOver 50 marginal fields, spread across onshore, swamp and shallow-water, are expected in the 2024 bid round. Our new multi-client study provides operators, investors and industry …
Marginal Fields: Nigeria Moves to Mitigate Awardees
WebJul 22, 2024 · Nigeria’s government, through the Department of Petroleum Resources (DPR), recently launched its first marginal field bid round in almost 20 years. A total of 57 fields, … WebJun 1, 2024 · The government estimates that Nigeria could produce an additional 100 million barrels of crude oil from the 57 marginal fields to be developed in the coming years. Speaking at an award ceremony in ... jfds.donorfirstx.com
Pre-qualification in 2024 Marginal Field Bid Round
WebJul 1, 2024 · Winners of the ‘2024 Marginal Field’ bid round (hereinafter referred to as grantee(s)) have emerged. As grantees and potential financiers contemplate how to raise capital for the development of each field, they also need to consider certain issues that arise from the marginal field award process and other peculiarities of a marginal field. WebThe 2024 Marginal Field Bid Rounds (“The Bid Rounds”) concluded with 57 marginal field assets awarded to 161 companies by the Department of Petroleum Resources (“DPR”) in what was the 2 nd bid round since 2002/2003. According to the Guidelines for the Award and Operations of Marginal Fields in Nigeria (“the Guidelines”) released by ... WebApr 9, 2024 · Press Statement – FG Approves Amendment of 2024/2024 Deep Offshore Oil Block Mini Bid Round Schedule April 1, 2024; News Flash: Managing Director, Heritage Energy Operational Services Limited Mr Adogbeji Osaragbaje visits NUPRC Chief Executive Engr Gbenga Komolafe. March 29, 2024; GOODWILL MESSAGE BY THE COMMISSION … jfd investigations