In order to make higher domestic self-sufficiency ratio of energy resources, these are required to purchase the producing oil & gas fields through the investment of oversea petroleum development, to make M&A, and to enhance recovery in the existing oil & gas fields. For this purpose, it is essential to acquire the core technology regarding the evaluation, design, and management of oil & gas fields. The accumulation of technology of the evaluation, optimal design, proper management of production fields by the help of the continuous R&D program will make great contribution for higher domestic self-sufficiency ratio by the increased number of purchase of foreign producing fields, the increase amount of produced petroleum out of existing fields, and the effective management of the oil and gas fields.