Placing a priority on EOR

摘要

Shale's lure of quick returns has put EOR on the bench, but some companies prefer the long game. In an industry environment in which production hall-marks like IP30 indicate the success of a development, sustained production over a longer period of time isn't particularly in vogue - especially where private equity is involved. The industry attitude of producing as much as possible as quickly as possible has pushed tertiary recovery to second tier status.