In the above context, the oil and gas industry is evolving all the time to respond to increased energy requirements. Enhanced Oil Recovery (EOR) is one of several efforts with which great strides can be made to recover more oil from a reservoir. Conventional methods recover 30-40% of the oil from the reservoirs, however, these EOR technologies can significantly increase these percentages.
New technologies help oil companies recover more oil more efficiently and cost-effectively. Different EOR techniques are new and trending these days, and they are talking about business impacts within this blog.
EOR can be defined as all advanced techniques involved in oil extraction beyond the limits of the conventional methods. They are based on changing the reservoir characteristics so that they promote the flow of oil and increase production.
There are three main categories under EOR:
The most appropriate methods of the above are chosen based on reservoir conditions and economy.
It is a process used in heavy oil reservoirs, where the oil is thick and not pumped easily. By heating up the oil, the reduced viscosity makes it easier to flow. The techniques most used are:-
The latest innovations are solar thermal EOR, where solar energy is used to generate steam, thus reducing carbon footprint and keeping operation costs lower.
Gas injection is one of the most popular types of EORs. In this type of enhanced oil recovery, gas injection is the most commonly used process. It involves injecting gas into the reservoir so that pressure could be maintained and oil is displaced towards the production well. The basic gases employed in this process include:
The Texas Permian Basin is one such area that will boost the success of thousands of barrels of extra oil recovered through the adoption of CO2 injection. It is a very good method of carbon capture and storage (CCS), thereby decreasing greenhouse gas emissions.
Chemical EOR is injecting special chemicals into the reservoir for the oil displacement. Most common techniques are:
Nanotechnology has developed nano-polymers that improve the oil flow at lower concentrations of chemicals making it cheaper and environment friendly.
Today, emerging technologies are transforming EOR to become more efficient and sustainable. Some of the major innovations include:
GET Global Group is among the most sought-after service providers in implementing state-of-the-art solutions for the oil and gas industry. With our EOR techniques, advanced as they are, clients can maximize recovery while ensuring operational efficiency. We put into practice the latest technologies including AI-driven data analytics real-time monitoring for optimized oil production. Sustainable and innovative solutions enable cost reduction through a minimized environmental footprint.
While EOR increases oil production, it also minimizes Environmental impacts.
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EOR is one of the transforming technologies for the oil and gas industry because it brings about higher efficiency and sustainability. Other drilling has also been reduced by such improvements in thermal, gas, and chemical techniques that further increase the recovery of oil from existing reservoirs.
With the evolving technology, EOR will be a key contribution to securing the world’s future energy. Companies investing in AI, nanotechnology, and carbon capture will lead the charge of sustainable production of oil. We, at GET Global Group, are committed to changing the industry with innovative solutions that improve efficiency and sustainability.
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