Increasing oil production through leasing of idle wells
Conference
·
OSTI ID:161799
The national oil company of Trinidad and Tobago (Petrotrin) has over five thousand (5000) idle wells. A procedure for leasing these idle wells to small independent operators was initiated in 1989 July through a programme known as the {open_quotes}Lease Operatorship{close_quotes} programme. This paper reviews the status of Lease Operatorship activities, examines the benefits, the strategies adopted by the operators as well as some of the important issues involved, describes the requirements for external operatorship and outlines plans for the future of the programme.
- OSTI ID:
- 161799
- Report Number(s):
- CONF-950347-; TRN: 95:008409-0003
- Resource Relation:
- Conference: 37. hydrocarbon economics and evaluation symposium: progress or just survival, Dallas, TX (United States), 26-28 Mar 1995; Other Information: PBD: 1995; Related Information: Is Part Of Proceedings of the hydrocarbon economics & evaluation symposium; PB: 345 p.
- Country of Publication:
- United States
- Language:
- English
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