Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry

Intensive exploration for oil, and gas, led to considering many discovered fields as non-commercial, which have since, not been developed. Yet, if developed, these fields could have significant economic impacts on a number of the Bank's borrow...

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Main Author: World Bank
Format: ESMAP Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/02/1346315/undeveloped-oil-gas-fields-industrializing-world-description-potential-international-investment-projects-petroleum-industry
http://hdl.handle.net/10986/20301
id okr-10986-20301
recordtype oai_dc
spelling okr-10986-203012021-04-23T14:03:37Z Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry World Bank CARBON CAUSEWAYS COASTAL AREAS CRUDE OIL DIVIDENDS DRILLING ECONOMIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMISTS ENERGY PLANNERS ENERGY PRACTICES ENVIRONMENTAL PROBLEMS ENVIRONMENTAL PROTECTION EXPENDITURES EXPLOITATION FUEL FUEL OIL FUEL OIL PRICES GAS DISTRIBUTION GAS DIVISION GAS FIELDS GAS INVESTMENT GAS MARKET GAS MARKET DEVELOPMENT GAS PIPELINE GAS PIPELINES GAS PRICING GAS RESERVE GAS STORAGE GAS TREATMENT IMPORTS INSURANCE LIVING CONDITIONS LOW OIL PRICES MARINE AREAS NATURAL GAS OFFSHORE OIL OIL OIL AND GAS OIL COMPANIES OIL COMPANY OIL FIELD OIL FIELDS OIL INDUSTRY OIL MARKETS OIL PRICES PETROLEUM PETROLEUM CONSUMPTION PETROLEUM CONTRACTS PETROLEUM DEVELOPMENT PETROLEUM EXPLORATION PETROLEUM INDUSTRY PETROLEUM LAW PETROLEUM MARKETS PETROLEUM PRODUCING PETROLEUM PRODUCING COUNTRIES PETROLEUM PRODUCT PETROLEUM RESERVES PETROLEUM RESOURCES PETROLEUM SECTOR PIPELINE CONSTRUCTION POLLUTION POVERTY ALLEVIATION POWER GENERATION POWER PLANTS PRODUCERS PRODUCTIVITY ROCKS SEDIMENTARY BASINS SUSTAINABLE ENERGY Intensive exploration for oil, and gas, led to considering many discovered fields as non-commercial, which have since, not been developed. Yet, if developed, these fields could have significant economic impacts on a number of the Bank's borrowing countries. The study examines the undeveloped fields, the commercial potential, and contractual conditions under which these fields were discovered, and, in partnership with PetroConsultants, and Robertson Research, evaluates the likelihood for commercial viability. The study provides country-specific proposed changes, that if implemented, would ensure the commercial development of these otherwise marginal fields. Obviously, the private sector-oil companies would undertake commercial development, thus the study aims to assure the economic, and technical feasibility of those fields, and allow reconsideration by the industry, for development investment. Comparative data was obtained from the Study of World Wide Petroleum Contract Terms, the Africa Gas Initiative, the Gas Flare Reduction Project, and the International Finance Corporation's Potential African Carbon Trading projects. It is suggested that extraction of country-specific conclusions, be done by listing countries per type of Bank intervention, i.e., economic sector work; developed as part of a larger energy project; exploration promotion programs; gas market development; or technical assistance projects. 2014-09-30T18:57:02Z 2014-09-30T18:57:02Z 2001-02 http://documents.worldbank.org/curated/en/2001/02/1346315/undeveloped-oil-gas-fields-industrializing-world-description-potential-international-investment-projects-petroleum-industry http://hdl.handle.net/10986/20301 English en_US Energy Sector Management Assistance Programme (ESMAP);no. ESM 239 / 01 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: ESMAP Paper Publications & Research Africa East Asia and Pacific Europe and Central Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CARBON
CAUSEWAYS
COASTAL AREAS
CRUDE OIL
DIVIDENDS
DRILLING
ECONOMIC ANALYSIS
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMISTS
ENERGY PLANNERS
ENERGY PRACTICES
ENVIRONMENTAL PROBLEMS
ENVIRONMENTAL PROTECTION
EXPENDITURES
EXPLOITATION
FUEL
FUEL OIL
FUEL OIL PRICES
GAS DISTRIBUTION
GAS DIVISION
GAS FIELDS
GAS INVESTMENT
GAS MARKET
GAS MARKET DEVELOPMENT
GAS PIPELINE
GAS PIPELINES
GAS PRICING
GAS RESERVE
GAS STORAGE
GAS TREATMENT
IMPORTS
INSURANCE
LIVING CONDITIONS
LOW OIL PRICES
MARINE AREAS
NATURAL GAS
OFFSHORE OIL
OIL
OIL AND GAS
OIL COMPANIES
OIL COMPANY
OIL FIELD
OIL FIELDS
OIL INDUSTRY
OIL MARKETS
OIL PRICES
PETROLEUM
PETROLEUM CONSUMPTION
PETROLEUM CONTRACTS
PETROLEUM DEVELOPMENT
PETROLEUM EXPLORATION
PETROLEUM INDUSTRY
PETROLEUM LAW
PETROLEUM MARKETS
PETROLEUM PRODUCING
PETROLEUM PRODUCING COUNTRIES
PETROLEUM PRODUCT
PETROLEUM RESERVES
PETROLEUM RESOURCES
PETROLEUM SECTOR
PIPELINE CONSTRUCTION
POLLUTION
POVERTY ALLEVIATION
POWER GENERATION
POWER PLANTS
PRODUCERS
PRODUCTIVITY
ROCKS
SEDIMENTARY BASINS
SUSTAINABLE ENERGY
spellingShingle CARBON
CAUSEWAYS
COASTAL AREAS
CRUDE OIL
DIVIDENDS
DRILLING
ECONOMIC ANALYSIS
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMISTS
ENERGY PLANNERS
ENERGY PRACTICES
ENVIRONMENTAL PROBLEMS
ENVIRONMENTAL PROTECTION
EXPENDITURES
EXPLOITATION
FUEL
FUEL OIL
FUEL OIL PRICES
GAS DISTRIBUTION
GAS DIVISION
GAS FIELDS
GAS INVESTMENT
GAS MARKET
GAS MARKET DEVELOPMENT
GAS PIPELINE
GAS PIPELINES
GAS PRICING
GAS RESERVE
GAS STORAGE
GAS TREATMENT
IMPORTS
INSURANCE
LIVING CONDITIONS
LOW OIL PRICES
MARINE AREAS
NATURAL GAS
OFFSHORE OIL
OIL
OIL AND GAS
OIL COMPANIES
OIL COMPANY
OIL FIELD
OIL FIELDS
OIL INDUSTRY
OIL MARKETS
OIL PRICES
PETROLEUM
PETROLEUM CONSUMPTION
PETROLEUM CONTRACTS
PETROLEUM DEVELOPMENT
PETROLEUM EXPLORATION
PETROLEUM INDUSTRY
PETROLEUM LAW
PETROLEUM MARKETS
PETROLEUM PRODUCING
PETROLEUM PRODUCING COUNTRIES
PETROLEUM PRODUCT
PETROLEUM RESERVES
PETROLEUM RESOURCES
PETROLEUM SECTOR
PIPELINE CONSTRUCTION
POLLUTION
POVERTY ALLEVIATION
POWER GENERATION
POWER PLANTS
PRODUCERS
PRODUCTIVITY
ROCKS
SEDIMENTARY BASINS
SUSTAINABLE ENERGY
World Bank
Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
geographic_facet Africa
East Asia and Pacific
Europe and Central Asia
relation Energy Sector Management Assistance Programme (ESMAP);no. ESM 239 / 01
description Intensive exploration for oil, and gas, led to considering many discovered fields as non-commercial, which have since, not been developed. Yet, if developed, these fields could have significant economic impacts on a number of the Bank's borrowing countries. The study examines the undeveloped fields, the commercial potential, and contractual conditions under which these fields were discovered, and, in partnership with PetroConsultants, and Robertson Research, evaluates the likelihood for commercial viability. The study provides country-specific proposed changes, that if implemented, would ensure the commercial development of these otherwise marginal fields. Obviously, the private sector-oil companies would undertake commercial development, thus the study aims to assure the economic, and technical feasibility of those fields, and allow reconsideration by the industry, for development investment. Comparative data was obtained from the Study of World Wide Petroleum Contract Terms, the Africa Gas Initiative, the Gas Flare Reduction Project, and the International Finance Corporation's Potential African Carbon Trading projects. It is suggested that extraction of country-specific conclusions, be done by listing countries per type of Bank intervention, i.e., economic sector work; developed as part of a larger energy project; exploration promotion programs; gas market development; or technical assistance projects.
format Publications & Research :: ESMAP Paper
author World Bank
author_facet World Bank
author_sort World Bank
title Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
title_short Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
title_full Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
title_fullStr Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
title_full_unstemmed Undeveloped Oil and Gas Fields in the Industrializing World : A Description of Potential International Investment Projects for the Petroleum Industry
title_sort undeveloped oil and gas fields in the industrializing world : a description of potential international investment projects for the petroleum industry
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2001/02/1346315/undeveloped-oil-gas-fields-industrializing-world-description-potential-international-investment-projects-petroleum-industry
http://hdl.handle.net/10986/20301
_version_ 1764437145843400704