Marathon unveils details of Yates unit. [Ultimate recovery to be 1. 95 billion bbl from 1. 75 billion bbl]

Journal Article · Mon Apr 12 04:00:00 EST 1976 · Oil Gas J.; (United States)

OSTI ID:7264707

Marathon Oil Co. has outlined plans for a secondary-recovery and pressure-maintenance operation for Yates field in West Texas. Marathon said the planned program would boost ultimate recovery to 1.95 billion bbl from 1.75 billion bbl; a 100,000-bbl/d producing rate would be used rather than the present 50,000-bbl/d MER. Additional recovery of 200 million bbl is greater than the recoverable reserves of any field discovered in Texas in the past 15 years or more. Of 199 working-interest owners, 196 have joined in the unit agreement and of the 962 royalty owners, 795 have joined. The average price of Yates crude will increase about $3/bbl, provided the 50,000-bbl/d production increase goes at upper-tier prices. Additional recovery will result from exposing more of the reservoir to more efficient gravity-segregation gas-cap drive. Yates wells and surface production facilities are capable of producing and handling in excess of 100,000 bbl/d efficiently. (MCW)

• OSTI ID: 7264707
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 74:15; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300* -- Petroleum-- Drilling & Production
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
EFFICIENCY
ENERGY SOURCES
ENHANCED RECOVERY
FLUID INJECTION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
NATURAL GAS
NORTH AMERICA
OIL FIELDS
OIL WELLS
PETROLEUM
PETROLEUM DEPOSITS
PLANNING
PRESSURIZING
PRODUCTION
RESOURCES
SOUTHWEST REGION
TEXAS
USA
WATERFLOODING
WELL STIMULATION
WELLS