DOE picks Colorado petroleum engineering firm to update crude oil estimates at Elk Hills

Journal Article · · Fossil Energy Rev.; (United States)

OSTI ID:5269975

The Department of Energy has selected a Golden, Col.-based petroleum engineering firm to update estimates of the recoverable crude oil in the Elk Hills Naval petroleum Reserves No.1, in Kern County, California. The contract represents the first comprehensive analysis done of the crude oil remaining in the 48,000 acre oil field. Previously, reserve estimates had been done on individual zones within the reservoir. Based on those estimates, the Energy Department reported in its fiscal 1986 annual report that Elk Hills contained just over 670 million barrels of recoverable reserves. Under a 1944 agreement with Chevron Corp., the government owns approximately 78% of the recoverable reserves. The first phase of the study will develop an understanding of current reservoir data and prior studies and result in new geologic models of estimated oil and gas reserves. The second phase will provide revised estimates of the original oil and gas in each zone of the reservoir and assess the effects of past production and operations. The third phase will establish the economic potential of the field. At the end of the third phase, a fourth task may be exercised with options to provide additional reservoir engineering analysis to corroborate assumptions used in the first three phases.

• OSTI ID: 5269975
• Journal Information: Fossil Energy Rev.; (United States), Journal Name: Fossil Energy Rev.; (United States); ISSN FENRE
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020100* -- Petroleum-- Reserves-- (-1989)
29 ENERGY PLANNING, POLICY, AND ECONOMY
290500 -- Energy Planning & Policy-- Research
Development
Demonstration
& Commercialization
294002 -- Energy Planning & Policy-- Petroleum
CALIFORNIA
ENERGY SOURCES
ENGINEERING
FEDERAL REGION IX
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
GEOLOGIC MODELS
MINERAL RESOURCES
NATIONAL ORGANIZATIONS
NATURAL GAS
NAVAL PETROLEUM RESERVE
NORTH AMERICA
OIL FIELDS
OIL WELLS
OWNERSHIP
PETROLEUM
PETROLEUM DEPOSITS
PRODUCTION
RESERVES
RESERVOIR ENGINEERING
RESIDUAL PETROLEUM
RESOURCE ASSESSMENT
RESOURCE POTENTIAL
RESOURCES
US DOE
US ORGANIZATIONS
USA
WELLS