The Ninian partners have developed an innovative commercial framework which will apply to a number of future satellites, dispensing with the often lengthy and complicated process required to develop individual terms for each satellite. The new style agreement promotes the concept of future satellites sharing the Ninian platform topside facilities for processing, metering and export, as well as platform drilling instead of more costly subsea wells where appropriate. This enables potential satellites to be developed simply, quickly and economically.

Keywords:
society of petroleum engineers, novel approach, enhanced recovery, field development optimization and planning, export facility, ninian, modification, satellite development, agreement, columba development
Subjects:
Improved and Enhanced Recovery, Asset and Portfolio Management, Field development optimization and planning
Copyright 1994, Society of Petroleum Engineers
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