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The Future of Thermal EOR
“Rigzone” recently published a three part series of articles on Enhanced Oil Recovery (EOR) the first two segments dealt with CO2 and Chemical EOR. This third and final installment, written by Matthew Jones with the research firm Visiongain, deals with Thermal EOR. Thermal EOR involves the introduction of heat (typically steam) into a reservoir to… Read More
Apache to Sell Non-Core Assets
In February of this year, Apache announced it would sell its interests in Argentina. In May, the company indicated its intention to divest its share of two development projects and 11 deep water blocks in the Gulf of Mexico. In June, it announced the disposition of assets in Western Canada, and a month later its… Read More
Chemical EOR’s Future
“Rigzone” has published a three part series on Enhanced Oil Recovery (EOR). The first segment dealt with CO2 EOR, and was summarized in a previous blog. What follows is a synopsis of their Chemical EOR article which was written by Matthew Jones and Laura McIntyre with the research firm Visiongain. The third installment deals with… Read More
CO2 Based Enhance Oil Recovery
In spite of the recent drop in oil prices, operators are still extracting as many barrels as economically feasible from known reserves. “Rigzone” has recently run a three part series on Enhanced Oil Recovery (EOR). The following is a synopsis of the first segment on CO2 injection. After primary (e.g. pumping) and secondary (e.g. waterflood)… Read More
BBVA: TX OK 2 $70
BBVA Compass Bank sees the Texas economy as relatively unaffected at current crude prices according to a recent article in “Rigzone”. The bank attributes this resilience to the diversification of the Texas economy, especially in urban areas such as Houston. While the Bayou City is still the energy capital of the world, it has become… Read More
