The Enhanced Oil Recovery (EOR) system stands out within the oil extraction processes for its efficiency, since it restores the formation pressure and improves oil displacement. In other words, they increase crude oil’s fluidity/flexibility so its handling and extraction becomes easier, allowing us to increase production.
Usually, companies that implement EOR systems have a clear long-term corporate vision about the exploitation of hydrocarbon reserves and look for ways to optimize it.
The interest in these systems lies in the fact that they both can be implemented at an early stage of the extraction process and at a mature stage. This advantage makes these systems a great option for optimizing processes and improving efficiency. However, it is essential not to lose sight of 3 fundamental criteria when deciding to implement an EOR system:
- Oil Price Susceptibility: Due to the volatility of oil prices per barrel, economic assessments and sensitivity analysis are critical in determining the right timing.
- Technical Risks and Uncertainties: for the execution of any EOR project, it is necessary to analyze and become aware of some elements that affect the system, such as geological uncertainty or resource availability, among others.
- Technology selection: there are several emerging technologies in terms of enhanced recovery that are very promising, such as processes with nanotechnologies and/or hybrid EOR processes, which still have much uncertainty and a low-degree of maturity. However, at this point, the technology screening process is crucial to select the alternative with the highest probability of success.
By implementing an EOR system, we can put in place different operating models. At Nakasawa, we are experts in steam injection systems with our Super Matroid Heater and Super Matroid Cyclone systems, which allow us to introduce steam into the fields with over 95% quality. For more information, visit our website: https://supermatroidheater.com/en/