Marginal Field Program
A marginal field can be defined as any field that has not been produced from for a period of 10 years or more. Additionally, Marginal Fields are:
In 2003, 24 licenses were awarded to indigenous firms.
There are still many opportunities available to foreigners through "unattached" partners and additional marginal fields to be offered for sale.
Since the fields are surrounded by the major operations of the IOCs, they are never too far from key infrastructure. Tying back production is usually available and subject to negociation. In the case of Ogedeh, we have several options to sell our oil.
Map of Marginal Fields