Small but beautiful
The UK’s 30th licensing round put marginal fields under the spotlight. With ongoing efforts to develop cost-effective technology to produce marginal fields, or ‘small pools’, plus a favourable tax and licensing regime, and a focus on company behaviours, could their time have finally come? Elaine Maslin reports.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Subjects: Economics, business and commerce, Oil and gas, Exploration and production, Licensing