Advanced reservoir management for independent oil and gas producers
Conference
·
OSTI ID:390641
There are more than fifty-two hundred oil and gas producers operating in the United States today. Many of these companies have instituted improved oil recovery programs in some form, but very few have had access to state-of-the-art modeling technologies routinely used by major producers to manage these projects. Since independent operators are playing an increasingly important role in the production of hydrocarbons in the United States, it is important to promote state-of-the-art management practices, including the planning and monitoring of improved oil recovery projects, within this community. This is one of the goals of the Strategic Technologies Council, a special interest group of independent oil and gas producers. Reservoir management technologies have the potential to increase oil recovery while simultaneously reducing production costs. These technologies were pioneered by major producers and are routinely used by them. Independent producers confront two problems adopting this approach: the high cost of acquiring these technologies and the high cost of using them even if they were available. Effective use of reservoir management tools requires, in general, the services of a professional (geoscientist or engineer) who is already familiar with the details of setting up, running, and interpreting computer models.
- Research Organization:
- Los Alamos National Lab., NM (United States)
- Sponsoring Organization:
- USDOE, Washington, DC (United States)
- DOE Contract Number:
- W-7405-ENG-36
- OSTI ID:
- 390641
- Report Number(s):
- LA-UR--96-2195; CONF-961003--3; ON: DE96012656
- Country of Publication:
- United States
- Language:
- English
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