Abstract
Abstract Fife is a small offshore field that is remote from existing infrastructure and offers the potential to recover some 34 mmbbls of 34° API crude oil over an anticipated life of 4 years. Capital investment in the full field development facilities cannot be amortised to provide an economic development in this timeframe. This paper addresses the application of leased production facilities to enable commercial development of the reserves and examines the relationship necessary between oil company and contractors to achieve a successful project.
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