Oil Production Cost Function and Oil Recovery Implementation- Evidence from an Iranian Oil Field

2015 ◽  
Vol 33 (4) ◽  
pp. 459-470 ◽  
Author(s):  
Vahid Ghorbani Pashakolaie ◽  
Shahla Khaleghi ◽  
Teymor Mohammadi ◽  
Morteza Khorsandi
2021 ◽  
pp. 28-34
Author(s):  
A.Ya. Khavkin ◽  

Based on the calculation of actual internal rate of return (IRRR) in the investment projects in the context of oil production, it is shown that using IRRR will lead to the reduction of oil production cost, increase of oil recovery and return both for state and mineral developers. The analysis on the economic evaluation of profitability of investment projects based on IRR and NPV, which force the managers to accept only the projects with high IRR for the guarantee of the actual economic efficiency has been carried out. It is noted that in some cases the state support of the mineral developer is necessary for his interest in oil production. Therefore, economic evaluation of profitability of development projects should be as accurate as possible. The author emphasizes that IRR criterion provides reliable prediction of actual efficiency of technological solutions and will lead to the wide-scale and active implementation of state-of-the-art technologies in oil-gas sphere, as well as reducing the oil production cost.


2020 ◽  
Vol 194 ◽  
pp. 04046
Author(s):  
Xiulan Zhu ◽  
Yanlong Ran ◽  
Wenjie Guo ◽  
Ke Gai ◽  
Yanju Li ◽  
...  

With the long-term water injection development of Longdong oilfields, most of the oilfield blocks have been fully in the mid-high water cut period, and the amount of oil production wastewater is increasing year by year. In order to prevent the waste of resources and energy of oil production sewage, the oil production sewage after reaching the standard is treated for reinjection, which will ensure the sustainable development of the oil field. Oil production wastewater contains crude oil, solid-phase suspended solids and other pollutants, with high salinity, and problems such as difficulty in oil-water separation, sludge, scaling and corrosion. The sewage treatment system uses a multifunctional water treatment device to effectively remove oil and filter through the “special microorganism + air flotation + filtration” process, and build a sludge sewage tank for sludge discharge and backwashing. The reformed oil recovery wastewater reinjection treatment technology turns “sewage” into “clear flow”, reduces operating costs, improves wastewater treatment efficiency, and meets the water quality requirements of oilfield reinjection water.


2016 ◽  
Vol 18 (2) ◽  
pp. 133
Author(s):  
L.K. Altunina ◽  
I.V. Kuvshinov ◽  
V.A. Kuvshinov ◽  
V.S. Ovsyannikova ◽  
D.I. Chuykina ◽  
...  

The results of a pilot application of a chemical composition for enhanced oil recovery developed at the IPC SB RAS are presented. The EOR-composition was tested in 2014 at the Permian-Carboniferous heavy oil deposit at the Usinskoye oil field. It is very effective for an increase in oil production rate and decrease in water cuttings of well production. In terms of the additionally produced oil, the resulting effect is up to 800 tons per well and its duration is up to 6 months. The application of technologies of low-productivity-well stimulation using the oil-displacing IKhNPRO system with controlled viscosity and alkalinity is thought to be promising. This composition is proposed for the cold’ stimulation of high-viscosity oil production as an alternative to thermal methods.


Geofluids ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Zongyao Qi ◽  
Tong Liu ◽  
Changfeng Xi ◽  
Yunjun Zhang ◽  
Dehuang Shen ◽  
...  

It is challenging to enhance heavy oil recovery in the late stages of steam flooding. This challenge is due to reduced residual oil saturation, high steam-oil ratio, and lower profitability. A field test of the CO2-assisted steam flooding technique was carried out in the steam-flooded heavy oil reservoir in the J6 block of the Xinjiang oil field (China). In the field test, a positive response to the CO2-assisted steam flooding treatment was observed, including a gradually increasing heavy oil production, an increase in the formation pressure, and a decrease in the water cut. The production wells in the test area mainly exhibited four types of production dynamics, and some of the production wells exhibited production dynamics that were completely different from those during steam flooding. After being flooded via CO2-assisted steam flooding, these wells exhibited a gravity drainage pattern without steam channeling issues, and hence, they yielded stable oil production. In addition, emulsified oil and CO2 foam were produced from the production well, which agreed well with the results of laboratory-scale tests. The reservoir-simulation-based prediction for the test reservoir shows that the CO2-assisted steam flooding technique can reduce the steam-oil ratio from 12 m3 (CWE)/t to 6 m3 (CWE)/t and can yield a final recovery factor of 70%.


2021 ◽  
Vol 343 ◽  
pp. 09009
Author(s):  
Gheorghe Branoiu ◽  
Florinel Dinu ◽  
Maria Stoicescu ◽  
Iuliana Ghetiu ◽  
Doru Stoianovici

Thermal oil recovery is a special technique belonging to Enhanced Oil Recovery (EOR) methods and includes steam flooding, cyclic steam stimulation, and in-situ combustion (fire flooding) applied especially in the heavy oil reservoirs. Starting 1970 in-situ combustion (ISC) process has been successfully applied continuously in the Suplacu de Barcau oil field, currently this one representing the most important reservoir operated by ISC in the world. Suplacu de Barcau field is a shallow clastic Pliocene, heavy oil reservoir, located in the North-Western Romania and geologically belonging to Eastern Pannonian Basin. The ISC process are operated using a linear combustion front propagated downstructure. The maximum oil production was recorded in 1985 when the total air injection rate has reached maximum values. Cyclic steam stimulation has been continuously applied as support for the ISC process and it had a significant contribution in the oil production rates. Nowadays the oil recovery factor it’s over 55 percent but significant potential has left. In the paper are presented the important moments in the life-time production of the oil field, such as production history, monitoring of the combustion process, technical challenges and their solving solutions, and scientific achievements revealed by many studies performed on the impact of the ISC process in the oil reservoir.


2013 ◽  
Vol 53 (2) ◽  
pp. 489
Author(s):  
Reza Ardianto

Business management of oil and gas in Pertamina State Oil enterprises was handed to one of its subsidiaries: Pertamina EP (PEP). With a vast working area of 140,000 km2, it consists of 214 fields where 80% is an old field (mature field or brown field). Most of these oil fields were discovered during Dutch colonialism. One of these fields was Rantau oil field, discovered in 1928; it is considered one of potential structure at the time. Peak oil production was achieved at 31,711 barrels of oil per day (BOPD) (wc 17.2%) in 1969, and it is still producing 2,500 BOPD from primary stage.To get better recovery from the Rantau oil field, it is necessary to identify the potential of secondary recovery water-flooding. Some screening criteria had been completed to select an appropriate method that could be applied in the Rantau field. PEP is preparing an Enhanced Oil Recovery (EOR) program to be applied in some oil fields with subsurface and surface potential consideration. The implementation was initiated by the EOR Department at PEP. The issue of the national oil production increasing program from the government has to be realised by the EOR Department at Pertamina EP. Following the national oil increasing program, management of PEP urged to increase oil production in a rapid and realistic way. As a result, the program of secondary and tertiary recovery pilot project should be conducted simultaneously by the EOR Department on some of the fields that have passed their peak. On the other hand, PEP has only limited geology, geophysics, reservoir, and production (GGRP) data, and most of the oil fields have been producing since 1930s. The conditions that have to be dealt with are as follows: production from the existing field is declining, data is collected and interpreted during a long period, huge amounts of production data, and reservoir model and simulation do not exist and are not frequently updated. Based on this, the planning of EOR struggled due to length of time needed versus the need for quick development. It has become much more of a challenge for the team consisting of integrated geophysics, geology, reservoir, production, process facility, project management and economic evaluation. This extended abstract presents the term of managing limited GGRP data that contributes to the successful pilot waterflood project in the Rantau field. It also explains the uses of limited subsurface GGRP data to overcome the uncertainty for planning of the waterflood pilot project in the Rantau field, as a part of planning using limited data.


2021 ◽  
Author(s):  
Daniel Podsobinski ◽  
Roman Madatov ◽  
Bartlomiej Kawecki ◽  
Grzegorz Paliborek ◽  
Piotr Wójcik ◽  
...  

Abstract In Poland there are approximately 60 oil fields located in different geological structures. Most of these fields have been producing for several years to several dozen years, and now require redefining of the development plan by utilizing an improved oil recovery (IOR) or enhanced oil recovery (EOR) method to achieve a higher oil recovery factor. Here we present the redevelopment plan for the Polish Main Dolomite oil field, that aimed to optimize and maximize the oil recovery factor. Considering all available geological and reservoir data, both a static and dynamic model were built and calibrated for three separate reservoirs connected to the same production facility. Then the comprehensive study was performed where different development scenarios was considered and tested using reservoir numerical simulation. The proposed redevelopment scenarios included excessive gas reinjection to the main reservoir, additional high-nitrogen (N2) gas injection from a nearby gas reservoir (87% of N2), carbon dioxide (CO2) injection, water injection, polymer injection, water-alternating-gas (WAG), well stimulation, and a combination of these methods. Development plans assumes also drilling new injection and production wells and converting existing producers to gas or water injectors. The key component in development scenarios was to arrest the pressure decline from the main field and decrease the gas/oil ratio (GOR). An additional challenge was to implement in the simulation model all key assumptions behind various development scenarios, while also taking into account specific facility constraints and simultaneously handling separate reservoirs that are connected to the same facility, and hence affecting each other. From numerous scenarios, the scenario that requires the least number of new wells was selected and further optimized. It considers the drilling of only one new producer, one new water injector, and conversion of some currently producing wells to gas and water injectors. The location of the proposed well and the amount of injection fluids was optimized to achieve the highest oil recovery factor and to postpone gas and water breakthrough as much as possible. The optimized case that assumes low investments is expected to improve incremental oil production by 90% over No Further Actions Scenario. However, the study suggests the potential of more than tripling incremental oil production under a scenario with considerably higher expenditures. The improved case assumes drilling one more producer, four new water injectors, and injection of three times more water. The presented field optimization example highlights that in many existing Polish oil fields there is still a potential to reach higher oil recovery without considerable expenditures. However, to obtain more significant oil recovery improvement, higher capital expenditure is necessary. To facilitate the selection of the best development scenario, a detailed economic and risk analysis needs to be conducted.


2010 ◽  
Vol 113-116 ◽  
pp. 830-834
Author(s):  
Yong Hong Huang ◽  
Guo Ling Ren ◽  
Li Wei ◽  
Xiao Lin Wu ◽  
Hong Mei Yuan ◽  
...  

It is difficult to increase crude oil production for Daqing oil field by conventional technologies. In order to increase crude oil production, we make use of microbial enhanced oil recovery technology. The results showed that fluid production increased by 11 tons, oil production increased by 1.7 tons, water rate has decreased by 0.6 tons in oil reservoir after polymer flooding, North-2-4-P47 single-well daily. Microbial community diversity and dynamic change in oil reservoir after polymer flooding in Daqing Oil Field, North 2-4-P47 single-well in the process of microbial enhanced oil recovery was analyzed by PCR-DGGE. The results showed that the dominant microbes of North-2-4-P47 single-well are Acinetobacter johnsonii., Pseudomonas fluorescens., Pseudomonas sp., Bosea sp., Syntrophothermus lipocalidus., Aeromonas media. and some uncultured bacterium. Overall, microbial community diversity is abundant, and dynamic change of microbial community is also great in North-2-4-P49 single-well.


2019 ◽  
Vol 16 (11) ◽  
pp. 4584-4588
Author(s):  
I. A. Pogrebnaya ◽  
S. V. Mikhailova

The work is devoted to identifying the most relevant geological and technical measures carried out in Severo-Ostrovnoe field from the period of its development to the present. Every year dozens of geotechnical jobs (GJ) are carried out at each oil field-works carried out at wells to regulate the development of fields and maintain target levels of oil production. Today, there are two production facilities in the development of the Severo-Ostrovnoe field: UV1a1 and BV5. With the help of geotechnical jobs, oil-producing enterprises ensure the fulfillment of project indicators of field development (Mikhailov, N.N., 1992. Residual Oil Saturation of Reservoirs Under Development. Moscow, Nedra. p.270; Good, N.S., 1970. Study of the Physical Properties of Porous Media. Moscow, Nedra. p.208). In total, during the development of the Severo-Ostrovnoe field, 76 measures were taken to intensify oil production and enhance oil recovery. 12 horizontal wells were drilled (HW with multistage fracking (MSF)), 46 hydraulic fracturing operations were performed, 12 hydraulic fracturing operations were performed at the time of withdrawal from drilling (HW with MSF), five sidetracks were cut; eight physic-chemical BHT at production wells; five optimization of well operation modes. The paper analyzes the performed geological and technical measures at the facilities: UV1a1∦BV5 of the Severo-Ostrovnoe field. Four types of geological and technical measures were investigated: hydraulic fracturing, drilling of sidetracks with hydraulic fracturing, drilling of horizontal wells with multi-stage hydraulic fracturing, and physic-chemical optimization of the bottom-hole formation zone. It was revealed that two geotechnical jobs, namely, formation hydraulic fracturing (FHF) and drilling of lateral shafts in the Severo-Ostrovnoe field are the most highly effective methods for intensifying reservoir development and increasing oil recovery. SXL was conducted at 5 wells. The average oil production rate is 26.6 tons per day, which is the best indicator. Before this event, the production rate of the well was 2.1 tons per day. Currently, the effect of ongoing activities continues.


2018 ◽  
Vol 785 ◽  
pp. 70-76
Author(s):  
Vadim Aleksandrov ◽  
Marsel Kadyrov ◽  
Andrey Ponomarev ◽  
Denis Drugov ◽  
Olga Veduta

A lithofacies model of the Fainsk oil field YUS11 formation was built. The results of interventions for oil production stimulation and enhanced oil recovery depending on the section penetrated by wells were considered. Criteria for selection of various types of interventions in particular geophysical conditions were given, and recommendations on the selection of technologies for bottomhole zone processing (BZP) and enhanced oil recovery (EOR) were made. The research objective is to evaluate the effectiveness of interventions in terms of enhanced oil recovery, adapted to the specific features of the field geologic structure aspects. Through the use of sedimentary deposits facies analysis method, a lithofacies model of the Fainsk oil field YUS11 formation was constructed. The application of field-geologic analysis gave an option to evaluate the technological effectiveness of interventions for oil production stimulation and enhanced oil recovery depending on the reservoir units genesis penetrated by wells.


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