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Maximum Oil Production at the Least Cost on a Technology-neutral
What is Polymer Injection?
"Polymer Injection" one of the leading types of "Enhanced Oil Recovery" (EOR) technologies used for improving oil recovery - particularly in older and declining oil wells/oil reservoirs. Polymer flooding is also referred to as "chemical flooding" as well as "Chemical EOR."
United States will recover more than 300 Billion Barrels of Oil through
Enhanced Oil Recovery (EOR) technologies according to the Department of Energy.
In the next 10-15 years, 50% of the oil produced in the USA
will be through Enhanced Oil Recovery technologies.
And 50% of this amount will be produced by CO2-EOR.
The Enhanced Oil Recovery industry represents a $15 Trillion market,
(in the USA) with oil priced at $50 per barrel.
Enhanced Oil Recovery revenues nearly DOUBLED,
in just 4 years from $54.96 billion in 2007 to
$102.02 billion in 2011!
technologies lead all other
EOR Technologies with 43% market share.
What is Polymer Flooding?
"Polymer Flooding" one of the leading types of "Enhanced Oil Recovery" (EOR) technologies used for improving oil recovery - particularly in older and declining oil wells/oil reservoirs. Polymer flooding is also referred to as "chemical flooding" as well as "Chemical EOR."
To further define "polymer flooding," one must also know what a polymer is.
what is "polymer"?
Poly = many
mer = part
So, polymer, roughly defined, means "many parts."
In polymer flooding, the polymers used reduces the "surface tension" between the oil and the oil-containing rock within the oil reservoir, "freeing" the trapped oil making it easier to flow to the production well(s).
What Polyacrylamide? Polyacrylamide powder or "PAM" is a non-toxic powder that is a long-chain molecule first used in cleaning wastewater at wastewater treatment plants. In polymer flooding, PAM makes the water "gel" greatly improving the production of oil. In polymer flooding, polymer, or polymers, are used to make the water injected into the (injection well) oil reservoirs more "viscous" or thick, much like a gel. This greatly improves oil production, and is particularly beneficial in heavy oil recovery.
Several of the leading benefits of polymer flooding include:
Improved oil recovery
Increased "sweep efficiency"
Significantly less water required when compared with typical water-flooding & steam injection
Superior EOR technology with "heavy oil" formations/reservoirs with low viscosity and where Steam Assisted Gravity Drainage (SAGD) is not suitable
What are the various EOR Technologies?
EOR Technologies describes a growing number of Enhanced Oil Recovery technologies used to recover oil in the third and final stage of oil production. Oil recovered in this stage may come close to or possibly exceed the oil that was produced in the primary and secondary stages. A few of the leading (and emerging) EOR technologies include:
Heavy Oil Recovery
Miscible Gas Flooding/Injection
Over the past forty years, the enhanced oil recovery industry has produced a number of excellent and proven EOR technologies.
However, the optimum EOR technology for any one particular client with declining oil production, is dependent on a number of variables that must be identified and understood before selecting the correct EOR technology, including;
Specific oil reservoir type / condition
Depth of pay zone
Interfacial tension or IFT ( displacement efficiency)
Mobility control (sweep efficiency)
Overall condition of well
Reservoir's brine (salinity NaCl) content
Working condition of reservoir
among others. The "optimum" EOR technology for one reservoir and pay zone may not be the optimum EOR technology for another - even within the same oil field. That's why we are "EOR technology neutral." We apply the optimum EOR technology for each client's specific requirements for maximizing our client's oil recovery, at the least possible cost.
Enhanced oil recovery represents a significant opportunity for companies with declining oil production to significantly increase their oil production and revenues through our range of EOR technologies and services.
How much more oil can we produce from our "mature" oil field and wells?
Enhanced oil recovery or "EOR" represents a significant opportunity for companies with declining oil production to significantly increase their oil production and revenues through our range of EOR technologies and services.
As seen above, there are a number of variables that determine the potential increase in production for any particular application.
With that said, some of the EOR technologies can have a significant reversal in oil production.
Would increasing your oil production from 20 bbls/day to 40 bbls/day for a 100% increase in oil production make a difference in your company's bottom line?
NO FOREIGN OIL!
“spending hundreds and hundreds and hundreds of billions of dollars every year for oil, much of it from the Middle East, is just about the single stupidest thing that modern society could possibly do. It’s very difficult to think of anything more idiotic than that.”
~ R. James Woolsey, Jr., former Director of the CIA
According to R. James Woolsey, for Director of the Central Intelligence Agency, “The basic insight is to realize that global warming, the geopolitics of oil, and warfare in the Persian Gulf are not separate problems — they are aspects of a single problem, the West’s dependence on oil.”
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