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U.S. Department of Energy
Office of Scientific and Technical Information

Simplified economic screening models for enhanced oil recovery processes

Conference · · Proc., Intersoc. Energy Convers. Eng. Conf.; (United States)
OSTI ID:5585646
The effective screening of reservoirs for implementation of enhanced oil recovery processes is critical to the financial success of a proposed project. Screening techniques that have been used in the past normally consisted of comparing individual reservoir and fluid properties with tables of the preferred values of these properties. The shortcoming of this procedure is that it does not account for interactions among the technical parameters, nor does it provide a measure of the economic attractiveness of the project. Intercomp has developed, under the sponsorship of the Bartlesville Energy Technology Center of DOE, a set of economic screening models for micellar-polymer, steam drive and CO/sub 2/ miscible EOR processes. These models include accurate oil production predictive algorithms and routines which provide measures of economic attractiveness based on time value of money economics. The formulation of these models is presented with examples of their use.
Research Organization:
Intercomp, Houston, TX
OSTI ID:
5585646
Report Number(s):
CONF-820814-
Conference Information:
Journal Name: Proc., Intersoc. Energy Convers. Eng. Conf.; (United States) Journal Volume: 2
Country of Publication:
United States
Language:
English