Amoco hikes production, reserves in Texas Gulf Coast fields

Journal Article · Mon Dec 01 00:00:00 EST 1980 · Pet. Eng.; (United States)

OSTI ID:7075500

Bleakley, W B

Amoco Production Co., making use of sound engineering planning triggered by favorable oil prices, has increase production rates from several Texas Gulf Coast fields and added substantially to recoverable reserves. Two fields in particular, Live Oak Lake and High Is., responded to engineering analysis and infill drilling and are typical examples of what price decontrol has done to relieve the energy shortage. Countering this benefit is the government-imposed crude oil excise tax which prevents expansion of these programs into many other promising areas. Amoco's experience typifies what operations can do with older fields to accelerate producing rates and improve ultimate recovery.

• OSTI ID: 7075500
• Journal Information: Pet. Eng.; (United States), Vol. 52:15
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
OIL WELLS
PRODUCTION
PETROLEUM
DEREGULATION
PRICES
TEXAS
ENERGY POLICY
ENHANCED RECOVERY
FINANCIAL INCENTIVES
GULF COAST
OIL FIELDS
RESERVOIR ENGINEERING
TAXES
USA
ENERGY SOURCES
ENGINEERING
FEDERAL REGION VI
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
MINERAL RESOURCES
NORTH AMERICA
PETROLEUM DEPOSITS
RECOVERY
RESOURCES
WELLS
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum
290200 - Energy Planning & Policy- Economics & Sociology