Oil and Gas 360 Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technologies Series presenter replays for a limited time. X Oil Development LLC, established in 2020, is a leading innovator in the field of Enhanced Oil Recovery (EOR). Along with its wholly owned subsidiary Surtek, Inc., a company with over
World Oil (Bloomberg) —The Biden administration has reversed course on a carbon capture funding program to allow oil production following an intervention by senators including Joe Manchin and Kyrsten Sinema, handing a win to the fossil fuel industry. The Department of Energy announced $3.7 billion of funding to back projects that remove carbon dioxide from the atmosphere, which have long
Transworld Technologies will partner with Imaginea Energy in the Jenner Oil Field, Upper Mannville Golden, Colorado-based Transworld Technologies Inc. (TTI) announced that the company will implement its bioenhanced oil recovery (BioEOR) technology in Canada for the first time. The project is being done in partnership with Calgary’s private equity-backed Imaginea Energy, a 5,500 BOEPD producer. TTI’s technology will be used
TransWorld Technologies presents at EnerCom’s The Oil & Gas Conference® During TransWorld Technology’s breakout session, management was asked the following questions: Does the temperature affect the microrobes? Are shallower depths a good fit with this technology? Is there a magic number on production per well that this works with financially? How is the solution implemented? Could you inject into multiple
Scientific Presentation by Roland P. DeBruyn at the 2016 Pan American Mature Fields Congress: Feb. 17-18, Veracruz, Mexico Oil and gas operators have used waterfloods for decades to improve recovery of remaining oil from older reservoirs once they have produced past their primary recovery phase. Over time, waterfloods become less efficient because the flood follows the path of least resistance,
The UAE is looking to use enhanced oil recovery to increase production moving forward The United Arab Emirates (UAE) is looking to enhanced oil recovery (EOR) to push its production higher as the chances of finding new reserves decrease. OPEC’s second-largest producer of petroleum and other liquids, and the world’s sixth-largest oil producer, hopes to expand production by 30% by
For every 2.5 barrels of oil produced, it is estimated that a typical commercial enhanced oil recovery (EOR) project can safely prevent one metric ton of CO2 from entering the atmosphere As of 2014, approximately 13.6 million metric tons of CO2 was captured that would otherwise be released into the atmosphere has been sequestered as a result of EOR: U.S.
You don’t need to consult an engineer to know each and every shale play is different. Generating the highest possible recovery is a constant chess game run by E&Ps around the globe, and every play has something else to offer. The trend of increasing fracturing stages and proppant/sand use per stage was a popular topic in breakout sessions at EnerCom’s
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