The current worldwide average recovery factor from conventional oil reservoirs is still less than 35%. A 1% increase in recovery would give an additional 2-3 years of world consumption at current rates. Average North Sea recovery factors are 46%, with Statford reaching 66% using traditional methods. This demonstrates the potential for significant improvement and begs the question, is a 70% recovery factor goal a reality for all oil fields? To understand the potential, we must ask what are the emerging developments in scientific areas such nanotechnologies, biotechnologies, material sciences, physics, chemistry, and computational science that could provide significant gains?
As oil recovery processes involve the interplay of rock/fluids and thermodynamic interactions, the optimisation of hydrocarbon recovery requires a clear understanding of both static and dynamic reservoir properties at different scales, ranging from pore to meso-scale. This forum focuses on exploring upcoming technologies that will help improve the overall hydrocarbon recovery, i.e. from technologies which are relatively embryonic to those widely applied in the field today. They could be technologies leading to enhanced reservoir imaging and a step change in rocks and fluid characterisation, technologies leading to more efficient microscopic recovery, technologies leading to more compact, cheaper and more durable offshore facilities and equipment, technologies leading to the drilling and completion of cheaper, better and more productive wells, and/or technologies resulting in a step change in our ability to monitor and control reservoirs conformance and performance on a real-time basis.
During the forum, you will have the opportunity to speak with experts in these areas and exchange ideas about what applications may work best for your challenges. For example, as there is less gas available for secondary recovery, can we make polymers really work? What would be the optimum measurement set that would allow a comparison with field development and experimental results? As we understand and monitor flooding, what control mechanisms are available to us to optimise production? How do these factors contribute to my well placement and completion type?
Topics of the Forum would include:
This forum will appeal to multidisciplinary teams and technical experts within operating companies, service companies and academic institutions who are involved in the aspects of field planning, reservoir geosciences as well as reservoir and production engineering, facilities engineers, project engineers and researchers.
Should you be interested or need further information, please contact:
SPE Event Coordinator
SPE Asia Pacific Office (Kuala Lumpur)