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What is a marginal field?
I have read this though:
Classification of a discovery as ‘commercial’, ‘uncommerciar’ or ‘marginal’ depends on a combination of many factors, economic, technical and political, and is not
necessarily indicative of the size of the field. A useful definition of the three terms would be:
While there is no general rule constituting what is an acceptable return, it appears that most companies regard a 7% to 15% real rate of return as being ‘marginal’...
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What is a marginal field?
I have read this though:
Classification of a discovery as ‘commercial’, ‘uncommerciar’ or ‘marginal’ depends on a combination of many factors, economic, technical and political, and is not
necessarily indicative of the size of the field. A useful definition of the three terms would be:
While there is no general rule constituting what is an acceptable return, it appears that most companies regard a 7% to 15% real rate of return as being ‘marginal’...
Essay fragment
General points of the essay
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