and Enhanced Oil Recovery by EOR Technologies,
Maximum Oil Production at the Least Cost on a Technology-neutral Basis
What is EOR Technology?
EOR Technology is an advanced oil recovery technology which is used to recover the "trapped oil" in the oil reservoirs underground that were not recovered in the primary oil recovery stage. EOR, or "Enhanced Oil Recovery" is the third and final stage of oil recovery.
When an oil well is first completed and oil production begins, this is called the primary oil recovery stage. There may be anywhere from 5% to 15% of the "original oil in place" (OOIP) in the oil well's underground reservoir that is recovered via "natural" reservoir drive. The "natural reservoir drive" is the natural force or reservoir pressure that "drives" or displaces the oil to flow into the production well's well bore.
The secondary oil recovery stage is where additional production measures are installed wherein anywhere from 10% to 30% of the original oil in place is recovered.
According to the Department of Energy, there are 400 billion barrels of original oil in place that has still not been recovered. Enhanced Oil Recovery has the potential to recover up to 60% of this 400 billion barrels of oil, or 240 Billion barrels of oil in the USA.
Recovery by EOR Technologies
"Maximum Oil Production at the Least Cost on an EOR Technology-neutral Basis"
We Free Trapped Oil sm with the optimum EOR "technology-neutral" solution. EOR Technologies' products, services and capabilities include:
Energy Investment Banking
Enhanced Oil Recovery
Upstream oil and gas acquisitions of mature or abandoned oil fields
There is only one "optimum" EOR solution per well/reservoir or mature oil field that will result in the maximum oil production at the least cost. That's our job, we identify and deploy that EOR solution to insure the maximum oil production for the least cost for our clients. Note: EOR Technologies may utilize EOR products and services provided in part or in whole by affiliated companies or partner companies. Call/email us today for an initial consultation to discuss your declining oil production problems.
American Energy Plan
Support America's Domestic Oil and Gas resources and companies
NO FOREIGN OIL!
hundreds and hundreds and hundreds of billions of dollars every year for oil,
much of it from the Middle East, is just about the single stupidest thing that
modern society could possibly do. It’s very difficult to think of anything
more idiotic than that.”
~ R. James Woolsey, Jr., former Director of the CIA
Price of Addiction|
to Foreign Oil
According to R. James Woolsey, for Director of the Central Intelligence Agency, “The basic insight is to realize that global warming, the geopolitics of oil, and warfare in the Persian Gulf are not separate problems — they are aspects of a single problem, the West’s dependence on oil.”
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