THE EFFECT OF OPERATING COSTS ON OIL EXTRACTION UNDER UNPROVED RESERVES THE CASE OF MALAYSIAN PETRONAS FIRM -SUDANJournal: International Journal of Advanced Research (Vol.9, No. 7)
Publication Date: 2021-07-14
Authors : Abdelmotalab Osman Mahmoud Dalil; Asim Ibralim Mohammed Yousif;
Page : 845-862
Keywords : Operating Costs Oil Extraction Unproved Reserves;
This research aimed to identify the extent to which the operating costs of oil extraction affect all unproved reserves. To reach this aim, the research used the descriptiveanalytical approach. The researchalso used the questionnaire method, as a research instrument, where, (45) questionnaire forms were distributed to a random sample of the employees working at the Malaysian Petronas Firm-Sudan in 2021. Using the Statistical Package for the Social Sciences program SPSS,the research has reached, the fact that modern devices prices are very high, which, cause the firmto incur ahuge amount of money. The research findings have reached,the fact that heavy machineries and equipment need paved roads. The research findings have also shown that the indemnity of the employees and experts causes the firm to incur more burden.The research recommended that oil fields should be guarded by the army in fear of being attacked by the armed movements. The researchalso recommendedthe preparation of maps and geological survey. The research as well, recommended halting the search work for oil during the fall.
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