Final answer:
The development of a small offshore field can be justified for strategic purposes, future potential, and infrastructure utilization.
Step-by-step explanation:
The development of a small offshore field can still be justified even if it does not economically support a production platform. There are several reasons for this:
- Strategic purposes: A small offshore field, even if not economically viable on its own, may still be strategically important for a country or a company. It can help secure energy resources, enhance energy independence, or contribute to national security.
- Future potential: The field may not be economically viable at present, but with advancements in technology, it may become economically feasible in the future. Therefore, investing in the development of the field can be seen as a long-term investment.
- Infrastructure utilization: In some cases, a small offshore field may be developed to utilize existing infrastructure, such as pipelines or processing facilities, which can reduce overall development costs.
Overall, the decision to develop a small offshore field may involve considerations beyond immediate economic viability.