Abstract
Outside of the present economic situation with worldwide petroleum consumption, it is realistic to state one fundamental objective of the oil exploration and production business:
"Continue development of offshore production facilities in key reserve areas for the long-range worldwide demand for petroleum related products."
From the United States perspective, this goal is substantiated by the estimate that 50% of all U S oil company investments will be in the South East Asia region, with emphasis on offshore opportunities.
Copyright 1984, Society of Petroleum Engineers
You can access this article if you purchase or spend a download.
