Case Study YJ - Oil and gas industry
YJ is a UK based organization that operates in the sector of oil and gas. The prime activity of company is exploring the oil and gas reserves and then producing oil and gas through licensing procedure in a responsible manner and by ensuring the levels of safety. The company started its operations in 2007 and made efforts for putting in operations four fields of oil out of which at one location the production could not be started. Because that filed was found to be non-economic due to small size and the expenditures in that area for testing and examining were written off eventually.(continued...)wordcount of report:1500 words
Introduction:
Case analysis of existing twelve fields and financial statements
Scenario 1
Continue the operations that are already running successfully
Scenario 2
Focus on doing research and exploration but do not obtain new license of production
Scenario 3
Start production in one of the licensed fields in Africa
Case analysis of existing twelve fields and financial statements
Scenario 1
Continue the operations that are already running successfully
Scenario 2
Focus on doing research and exploration but do not obtain new license of production
Scenario 3
Start production in one of the licensed fields in Africa
