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HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS

Year 2016, Volume: 8 Issue: 2, 47 - 63, 01.12.2016

Abstract

Science technology and innovation (STI) is vital to economic growth and industrial development in today’s increasingly knowledge-driven world. The importance of STI cannot be undermined in any sector of the economy. The Nigerian government has been encouraging indigenous players in the petroleum industry in order to increase the total crude oil production through oil and gas marginal field development initiatives but this is yet to yield the required result. This comparative analysis study was conducted to investigate the technological innovations deployed across countries to develop marginal oil and gas fields. The survey was carried out among 106 indigenous oil and gas firms engaging in production and servicing at the Nigerian upstream sub-sector. A descriptive analysis was used and the result shows that Nigerian oil firms could enhance their marginal field development through the use of innovative techniques such as infrasonic passive differential spectroscopy, horizontal and directional drilling, acidizing, hydraulic fracturing, miscible gas flooding, thermal recovery and other enhanced oil recovery techniques that have been successfully adopted in other parts of the world but have not been fully harnessed by indigenous firms in Nigeria. This paper provides managerial implication by encouraging the indigenous oil firms to facilitate training of their local employee in these areas as well as collaborating with universities and other international firms which will finally lead to increase in GDP and government revenue as well as improving human capital development of Nigerian firms

References

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  • Developments”, A SPE 163040 paper, presented at Nigerian Annual International
  • Conference and Exhibition held in Abuja, 6-8 August Ahmed, T. (2006), “Reservoir Engineering Hand Book: Principles of Water
  • Flooding”, Third edition, chapter 14. Gulf Professional Publishing: Oxford, UK Akinwale, Y., Dada, A., Oluwadare, A., Jesuleye, O., and Siyanbola, W. (2012),
  • “Understanding the Nexus of R&D, Innovation and Economic Growth in Nigeria”, International Business Research, Vol. 5, No. 11, pp. 187-197
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  • Risk, Uncertainty Defines Accurate Horizontal Well Placement”, World Oil, Vol. , No. 1, pp. 10. Al-Mugheiry, M., Mueller, G., Braas, M., Materna, T., Davies, H., Hsu, C., and Keating, J. (2003), “Al-Huwaisah Reservoir: The Long Journey to Improved Oil
  • Recovery”, A paper SPE81461 presented at SPE 13th Middle East Oil Show and Conference, Bahrain, 5–8 April.
  • Central Bank of Nigeria Statistical Bulletin. (2016), Available from: http://www.cenbank.org/documents/Statbulletin.asp. [Last accessed on 2016 Jul
  • Chitwood, J., Wanvik, L., Chin, D., and Sheets, B. (2004), “Techno-Economic
  • Evaluations of Deepwater Marginal Field Developments”, OTC Paper No. 16722,
  • May 2004. Houston, Texas, USA.
  • Devold, H. (2013), “Oil and Gas Production Handbook: An introduction to oil and gas production, transport, refining and petrochemical industry”, ABB Oil and Gas Edition, Oslo, Norway.
  • Economides, M., Hill, D., and Ehlig-Economides, C. (1994), “Petroleum
  • Production Systems”, Prentice Hall Inc.: New Jersey, USA. Hanrahan, S., and Chitwood, J. (2005), “Technologies Needed to Meet Deepwater
  • Business Needs”, Offshore Magazine. Available at: http://www.deepstar.org/public/Offshore_Magazine_Jan_2005.pdf. (Accessed on /06/2015).
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  • Kraus, R. (2011), “Exploration, Drilling and Production of Oil and Natural Gas”,
  • Available at: http://www.ilo.org/oshenc/part-xi/oil-exploration-and- distribution/item/611-exploration-drilling-and-production-of-oil-and-natural-gas. Accessed on 03/05/2015].
  • Modavi, A., Al Muflehi, A., Tarmoom, I., Al-Khatheeri, B., and Noman, A. (2011), “Offshore-Field Development Plan Changed from Steel Structures to
  • Artificial Islands” Offshore Technology Conference, held on May 2-5, Houston, USA. Myers, M. (2009), “Qualitative Research in Business and Management”, Sage: Los Angeles.
  • NEED Project Report (2011), “Fossil Fuels to Product”, Available at: http://education.ky.gov/cte/documents/fossilfuelstoproducts.pdf. (Accessed on /05/2015).
  • Organisation for Economic Co-operation and Development (2005), Oslo Manual, OECD, Paris.
  • Offia, U. (2011), “Development and management of marginal oil field in the Niger Delta Basin: opportunities and challenges”, Petroleum Technology
  • Development Journal: An International Journal, Vol. 1, No. 1, pp.1–10. Rajan, S. (2011), “Future Technologies of the Oil field”, The Way Ahead Forum, Vol. 7, No. 3, pp. 1-4
  • Rode, E., Das, S., Ravindran, S., Mukerjee, M., Nandy, S., Bordoloi, A., and Pydiraju, J. (2010), “Rapid Petroleum Potential Assessment of Bantumilli
  • Marginal Oil Field using Infrasonic Passive Differential Spectroscopy (IPDS)”, First Break, Vol. 28, No. 2, pp 81-87. Schaaf, R., and King, G. (1997), “Numbi Field: Adapting a Reservoir
  • Management Strategy to Changing Reservoir Conditions”, A SPE paper 38925 presented at SPE Annual Technical Conference and Exhibition on 5-8 October at
  • San Antonio, Texas, USA. Shell Global Solutions International B.V. (2012), “Enhanced Oil Recovery”,
  • Available at: http://www.shell.com/global/future-energy/going- underground/eor.html. (Accessed on 09/06/2015)
  • Siyanbola, W. (2014), “Enterprise-based economy for Sustainable Development”,
  • A distinguished annual lecture delivered at National Institute for Policy and Strategic Studies (NIPSS), Nigeria Speight, J. (2009), “Enhanced recovery methods for heavy oil and tar sands”, Gulf
  • Publishing Company: Houston, Texas, USA. Speight. J. (2000), “The Desulfurization of Heavy Oils and Residual”, 2nd
  • Edition, Marcel Dekker Inc.: New York, USA Taylor, R., Glaser, M., Kim, J., Wilson, B., Nikiforuk, G., Noble, V., Rosenthal, L., Aguilera, R., Hoch, O., Storozhenko, K., Soliman, M., Riviere, N., Palidwar, T., and Romanson, R. (2010), “Optimization of Horizontal Wellbore and Fracture
  • Spacing Using an Interactive Combination of Reservoir and Fracturing Simulation”, A SPE 137416 paper presented at Canadian Unconventional
  • Resources and International Petroleum Conference, 19-21 October, Calgary, Alberta, Canada. Tunio, S., Tunio, A., Ghirano, N., and El-Adawy, Z. (2011), “Comparison of
  • Different Oil Recovery Techniques for Better Oil Productivity”, International Journal of Applied Science and Technology, Vol. 1, No. 5, pp. 143-153
  • Yang, C., and Gu, Y. (2005), “A Novel Experimental Technique for Studying
  • Solvent Mass Transfer and Oil Swelling Effect in a Vapor Extraction (VAPEX) Process”, Paper No. 2005-099, Proceedings of the 56th Annual Technical
  • Meeting on June 7–9, The Canadian International Petroleum Conference, Calgary, Alberta, Canada,. Zahra, S., and George, G. (2002), “Absorptive Capacity: A Review,
  • Reconceptualisation, and , No. 2, pp. 185-203. Extension”, Academy of Management Review, Vol.
Year 2016, Volume: 8 Issue: 2, 47 - 63, 01.12.2016

Abstract

References

  • Adetoba, L. (2012), “The Nigerian Marginal Field Initiative: Recent
  • Developments”, A SPE 163040 paper, presented at Nigerian Annual International
  • Conference and Exhibition held in Abuja, 6-8 August Ahmed, T. (2006), “Reservoir Engineering Hand Book: Principles of Water
  • Flooding”, Third edition, chapter 14. Gulf Professional Publishing: Oxford, UK Akinwale, Y., Dada, A., Oluwadare, A., Jesuleye, O., and Siyanbola, W. (2012),
  • “Understanding the Nexus of R&D, Innovation and Economic Growth in Nigeria”, International Business Research, Vol. 5, No. 11, pp. 187-197
  • Al-Fawwaz, A., Hassani, S., and Nwabor, D. (2006) “Management of Geologic
  • Risk, Uncertainty Defines Accurate Horizontal Well Placement”, World Oil, Vol. , No. 1, pp. 10. Al-Mugheiry, M., Mueller, G., Braas, M., Materna, T., Davies, H., Hsu, C., and Keating, J. (2003), “Al-Huwaisah Reservoir: The Long Journey to Improved Oil
  • Recovery”, A paper SPE81461 presented at SPE 13th Middle East Oil Show and Conference, Bahrain, 5–8 April.
  • Central Bank of Nigeria Statistical Bulletin. (2016), Available from: http://www.cenbank.org/documents/Statbulletin.asp. [Last accessed on 2016 Jul
  • Chitwood, J., Wanvik, L., Chin, D., and Sheets, B. (2004), “Techno-Economic
  • Evaluations of Deepwater Marginal Field Developments”, OTC Paper No. 16722,
  • May 2004. Houston, Texas, USA.
  • Devold, H. (2013), “Oil and Gas Production Handbook: An introduction to oil and gas production, transport, refining and petrochemical industry”, ABB Oil and Gas Edition, Oslo, Norway.
  • Economides, M., Hill, D., and Ehlig-Economides, C. (1994), “Petroleum
  • Production Systems”, Prentice Hall Inc.: New Jersey, USA. Hanrahan, S., and Chitwood, J. (2005), “Technologies Needed to Meet Deepwater
  • Business Needs”, Offshore Magazine. Available at: http://www.deepstar.org/public/Offshore_Magazine_Jan_2005.pdf. (Accessed on /06/2015).
  • Kaiser, M. (2010), “Marginal production in the Gulf of Mexico – I: historical statistics and model framework”, Applied Energy, Vol. 87, No. 12, pp.2535–2550.
  • Kraus, R. (2011), “Exploration, Drilling and Production of Oil and Natural Gas”,
  • Available at: http://www.ilo.org/oshenc/part-xi/oil-exploration-and- distribution/item/611-exploration-drilling-and-production-of-oil-and-natural-gas. Accessed on 03/05/2015].
  • Modavi, A., Al Muflehi, A., Tarmoom, I., Al-Khatheeri, B., and Noman, A. (2011), “Offshore-Field Development Plan Changed from Steel Structures to
  • Artificial Islands” Offshore Technology Conference, held on May 2-5, Houston, USA. Myers, M. (2009), “Qualitative Research in Business and Management”, Sage: Los Angeles.
  • NEED Project Report (2011), “Fossil Fuels to Product”, Available at: http://education.ky.gov/cte/documents/fossilfuelstoproducts.pdf. (Accessed on /05/2015).
  • Organisation for Economic Co-operation and Development (2005), Oslo Manual, OECD, Paris.
  • Offia, U. (2011), “Development and management of marginal oil field in the Niger Delta Basin: opportunities and challenges”, Petroleum Technology
  • Development Journal: An International Journal, Vol. 1, No. 1, pp.1–10. Rajan, S. (2011), “Future Technologies of the Oil field”, The Way Ahead Forum, Vol. 7, No. 3, pp. 1-4
  • Rode, E., Das, S., Ravindran, S., Mukerjee, M., Nandy, S., Bordoloi, A., and Pydiraju, J. (2010), “Rapid Petroleum Potential Assessment of Bantumilli
  • Marginal Oil Field using Infrasonic Passive Differential Spectroscopy (IPDS)”, First Break, Vol. 28, No. 2, pp 81-87. Schaaf, R., and King, G. (1997), “Numbi Field: Adapting a Reservoir
  • Management Strategy to Changing Reservoir Conditions”, A SPE paper 38925 presented at SPE Annual Technical Conference and Exhibition on 5-8 October at
  • San Antonio, Texas, USA. Shell Global Solutions International B.V. (2012), “Enhanced Oil Recovery”,
  • Available at: http://www.shell.com/global/future-energy/going- underground/eor.html. (Accessed on 09/06/2015)
  • Siyanbola, W. (2014), “Enterprise-based economy for Sustainable Development”,
  • A distinguished annual lecture delivered at National Institute for Policy and Strategic Studies (NIPSS), Nigeria Speight, J. (2009), “Enhanced recovery methods for heavy oil and tar sands”, Gulf
  • Publishing Company: Houston, Texas, USA. Speight. J. (2000), “The Desulfurization of Heavy Oils and Residual”, 2nd
  • Edition, Marcel Dekker Inc.: New York, USA Taylor, R., Glaser, M., Kim, J., Wilson, B., Nikiforuk, G., Noble, V., Rosenthal, L., Aguilera, R., Hoch, O., Storozhenko, K., Soliman, M., Riviere, N., Palidwar, T., and Romanson, R. (2010), “Optimization of Horizontal Wellbore and Fracture
  • Spacing Using an Interactive Combination of Reservoir and Fracturing Simulation”, A SPE 137416 paper presented at Canadian Unconventional
  • Resources and International Petroleum Conference, 19-21 October, Calgary, Alberta, Canada. Tunio, S., Tunio, A., Ghirano, N., and El-Adawy, Z. (2011), “Comparison of
  • Different Oil Recovery Techniques for Better Oil Productivity”, International Journal of Applied Science and Technology, Vol. 1, No. 5, pp. 143-153
  • Yang, C., and Gu, Y. (2005), “A Novel Experimental Technique for Studying
  • Solvent Mass Transfer and Oil Swelling Effect in a Vapor Extraction (VAPEX) Process”, Paper No. 2005-099, Proceedings of the 56th Annual Technical
  • Meeting on June 7–9, The Canadian International Petroleum Conference, Calgary, Alberta, Canada,. Zahra, S., and George, G. (2002), “Absorptive Capacity: A Review,
  • Reconceptualisation, and , No. 2, pp. 185-203. Extension”, Academy of Management Review, Vol.
There are 41 citations in total.

Details

Other ID JA95KM47ZM
Journal Section Articles
Authors

Y.o. Akinwale This is me

Publication Date December 1, 2016
Submission Date December 1, 2016
Published in Issue Year 2016 Volume: 8 Issue: 2

Cite

APA Akinwale, Y. (2016). HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS. International Journal of EBusiness and EGovernment Studies, 8(2), 47-63.
AMA Akinwale Y. HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS. IJEBEG. December 2016;8(2):47-63.
Chicago Akinwale, Y.o. “HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS”. International Journal of EBusiness and EGovernment Studies 8, no. 2 (December 2016): 47-63.
EndNote Akinwale Y (December 1, 2016) HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS. International Journal of eBusiness and eGovernment Studies 8 2 47–63.
IEEE Y. Akinwale, “HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS”, IJEBEG, vol. 8, no. 2, pp. 47–63, 2016.
ISNAD Akinwale, Y.o. “HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS”. International Journal of eBusiness and eGovernment Studies 8/2 (December 2016), 47-63.
JAMA Akinwale Y. HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS. IJEBEG. 2016;8:47–63.
MLA Akinwale, Y.o. “HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS”. International Journal of EBusiness and EGovernment Studies, vol. 8, no. 2, 2016, pp. 47-63.
Vancouver Akinwale Y. HARNESSING SCIENCE TECHNOLOGY AND INNOVATION FOR ENHANCING MARGINAL OIL AND GAS FIELD DEVELOPMENT IN NIGERIA: A COMPARATIVE ANALYSIS. IJEBEG. 2016;8(2):47-63.