Enhanced Oil Recovery Secondary and Tertiary Recovery
Below is a MRR and PLR article in category Finance -> subcategory Investing.
Enhanced Oil Recovery: Unlocking the Potential of Secondary and Tertiary Methods
Summary:
Discover how we can access the 80% of oil left behind after primary recovery!---
Did you know that even after a decade of primary recovery, a significant portion of oil remains trapped underground? This happens because the natural forces, primarily water or gas, that initially drove the oil toward the wellbore eventually diminish. Here, we delve into Enhanced Oil Recovery (EOR) techniques used to extract this leftover oil through secondary and tertiary methods.
As oil prices climb, investing in technology to enhance oil recovery becomes increasingly viable. When oil hovered around $10-20 per barrel, the expense of certain EOR methods wasn't justified. However, today's market conditions have changed that equation.
Secondary Recovery: Waterflooding
A prevalent secondary recovery technique is waterflooding. By reintroducing water into the oil formation, we can recreate the pressure needed to push more oil toward the extraction point. Advances in this area include Alkaline-Surfactant-Polymer (ASP) floods. Some innovators are also incorporating microbes to enhance the flood's efficiency, both of which have yielded successful outcomes.Tertiary Recovery: Radial Jet Enhancement
One fascinating method in tertiary recovery is radial jet enhancement. This technique uses high-pressure water jets to cut horizontally into the formation, extending up to 300 feet. This approach, which has proven effective, is showcased by companies like Well Enhancement Services.With 80% of oil still underground after primary recovery, there's a substantial opportunity to apply EOR methods. Emerging technologies promise even greater efficiency and success in the future. I'm particularly excited about advancements in drilling technology. While the rotary drilling rig has remained largely unchanged for a century, upcoming innovations could revolutionize the field. Stay tuned as we explore these developments in future discussions.
You can find the original non-AI version of this article here: Enhanced Oil Recovery Secondary and Tertiary Recovery.
You can browse and read all the articles for free. If you want to use them and get PLR and MRR rights, you need to buy the pack. Learn more about this pack of over 100 000 MRR and PLR articles.