Reservoir analysis study, Naval Petroleum Reserve No. 1, Elk Hills Field, Kern County, California: Phase 3 report, economic development and production plan

Technical Report · Fri Jul 01 04:00:00 EDT 1988

OSTI ID:6790742

Jerry R. Bergeson and Associates, Inc. (Bergeson) has completed Phase 3 of the Reservoir Analysis, Naval Petroleum Reserve Number 1, Elk Hills Oilfield, California. The objective of this phase of the study was to establish the economic potential for the field by determining the optimum economic plan for development and production. The optimum economic plan used net cash flow analysis to evaluate future expected Department of Energy revenues less expenses and investments for proved developed, proved undeveloped, probable, possible and possible-enhanced oil recovery (EOR) reserves assigned in the Phase 2 study. The results of the Phase 2 study were used to define future production flowstreams. Additional production scheduling was carried out to evaluate accelerated depletion of proved developed reserves in the 29R, 31 C/D Shale and Northwest Stevens T Sand/N Shale Reservoirs. Production, cost and investment schedules were developed for the enhanced oil recovery projects identified in Phase 2. Price forecasts were provided by the Department of Energy. Operating costs and investment requirements were estimated by Bergeson. 4 figs., 48 tabs.

• Research Organization: Bergeson (Jerry R.) and Associates, Inc., Golden, CO (USA)
• DOE Contract Number: AC01-88FE61445
• OSTI ID: 6790742
• Report Number(s): DOE/FE/61445-T3; ON: DE88016098
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
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020700 -- Petroleum-- Economics
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& Business Aspects
CALIFORNIA
COMPILED DATA
DATA
DOCUMENT TYPES
ECONOMIC ANALYSIS
ECONOMICS
ENGINEERING
ENHANCED RECOVERY
FEDERAL REGION IX
GEOLOGIC DEPOSITS
INFORMATION
MINERAL RESOURCES
NAVAL PETROLEUM RESERVE
NORTH AMERICA
NUMERICAL DATA
PETROLEUM DEPOSITS
PRICES
PRODUCTION
PROGRESS REPORT
RECOVERY
RESERVES
RESERVOIR ENGINEERING
RESOURCES
SALES
SCHEDULES
USA