Monetizing Reserves Faster by Managing Water Better

摘要

Secondary recovery using waterflood is fundamental to the development of reserves that drive the revenue streams of the major E&P companies. Producing more oil faster, for the most part, means producing more and injecting more water. Projects conceived and developed on the basis of oil at less that half the current price must be reconsidered as they move towards and through the production phase. At the same time environmental concerns are putting pressure on water treatment operations to meet more exacting performance standards.rnThis paper examines some of the barriers and opportunities that exist for improving water management and centres on the application of produced water re-injection. It covers some of the technical tools and techniques available that can help find new solutions to old problems, providing examples, and managing the risks and opportunities offered by produced water re-injection.